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Interest Certificate

This document is a provisional statement for a home loan granted to Sanjay Kumar Sharma, amounting to Rs. 1,200,000, for the period from 01/04/2024 to 31/03/2025. It details the repayment structure, including principal and interest amounts, and outlines the conditions for claiming deductions under Sections 80(C) and 24(B) of the Income Tax Act, 1961. The statement emphasizes that it is system-generated and does not require authorization from LIC Housing Finance Ltd.
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0% found this document useful (0 votes)
101 views1 page

Interest Certificate

This document is a provisional statement for a home loan granted to Sanjay Kumar Sharma, amounting to Rs. 1,200,000, for the period from 01/04/2024 to 31/03/2025. It details the repayment structure, including principal and interest amounts, and outlines the conditions for claiming deductions under Sections 80(C) and 24(B) of the Income Tax Act, 1961. The statement emphasizes that it is system-generated and does not require authorization from LIC Housing Finance Ltd.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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PROVISIONAL STATEMENT OF HOME LOAN FOR CLAIMING DEDUCTION UNDER SECTION 80(C) AND 24(B) OF THE INCOME TAX

ACT,
1961 FOR THE PERIOD FROM 01/04/2024 to 31/03/2025

SANJAY KUMAR SHARMA


Date 14-Feb-2025
,S/O LT.DWARIKA PRASAD SHARMA,KHAJANCHI PURA Loan Number 120300007240
BIHARI JI MARG,DATIA,DATIA,
GWALIOR,MADHYA PRADESH,INDIA,475661 Loan sanctioned amount 1,200,000.00

Sanction Date 21-Feb-2018

To whomsoever it may concern

This is to certify that SANJAY KUMAR SHARMA (Loan Account Number - 120300007240) has/have been granted a Housing Loan of Rs.
1,200,000.00.

The above loan is repayable in Equated Monthly Installments (EMIs) comprising of the principal and the interest.

The breakup of this amount into Principal and Interest is as follows:


Purpose of Loan CONSTRUCTION OF HOUSE
FUP 10-Mar-2025

Payable from 01/04/2024 to 31/03/2025

Principal Rs. 35,691.07


Interest Rs. 85,184.93
Total Rs. 120,876.00

Notes:
 Interest is calculated on monthly rates. Principal repayments are credited at the end of each month.
 Interest and Principal figures are subject to change in case of part payment/s and/or change in repayment schedule
 Principal repayments through EMIs and/or Prepayments qualify for deduction under Section 80C, if the amounts are actually paid by
31/03/2025.
 Deduction under Section 80C can be claimed only if:
 The repayment of the loan is made out of income chargeable to tax and
 The property for which the loan is taken is not transferred before the expiry of 5 years from the end of the financial year in which the
possession of such property is obtained.
 The PAN and Registered Office Address of LIC Housing Finance Ltd. are as under:
 Pan Number: AAACL1799C
 Registered Office: LIC Housing Finance Limited, Bombay Life Building, 2nd Floor, 45/47, Veer Nariman Road, Fort, Mumbai 400001,
Maharashtra

 These conditions have not been verified by LIC HOUSING FINANCE LTD.
 Interest payable on the loan (including Pre-EMI Interest, if any) is allowed as a deduction under Section 24(b).
 This statement being provisional in nature requires no authorization from LIC HOUSING FINANCE LTD.
 Note: This is system generated letter and hence does not require any signature.

Click the above options to raise a request, make online payments, access statement of account and more.
LIC HOUSING FINANCE LTD

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