TO WHOMSOEVER IT MAY CONCERN
PROVISIONAL INTEREST CERTIFICATE
For claiming deduction under sections 24(b) & 80(c) of
the INCOME-TAX ACT, 1961 for the period 01-04-2024 to 31-03-2025
This is to certify that Mr./Ms./Mrs. URANDUR HARISH/URANDUR NAGARAJU
has /have been granted a HOUSING LOAN (having
Account Number 103830100250666) of Rs. 42,00,000.00 @ 9.750000 % per annum
in respect of the following property
Property Address:
-
The above loan is REPAYABLE in Equated Monthly Installments(EMIs) comprising
Principal and Interest together.
The total amount of EMIs payable from 01-04-2024to 31-03-2025 is Rs.5,00,705.64.
The break-up of the amount into Principal and Interest is given below.
PRINCIPAL COMPONENT : Rs. 2,09,960.64
INTEREST COMPONENT : Rs. 2,90,745.00
Date :27-02-2025 Accountant/Branch Manager
NOTE : 1. Interest is calculated on monthly rests.
2. Interest and Principal amounts are subject to change in case of
Prepayment/s and/or change in repayment schedule.
3. Principal repayment through EMIs and/or Prepayments qualify for
deduction under Section 80C if the amounts are ACTUALLY PAID on or
before31-03-2025
4.Deduction under Section 80C can be claimed only if:
i) The repayment of the loan is made out of income chargeable to tax
ii) The property for which the loan is taken is not transferred before
expiry of 5 years from the end of the financial year in which the
possession of such property is obtained.
For these conditions (i) & (ii), account holder should give self-
certification or declaration to employer.
5. Interest payable on the loan is allowed as a deduction under Section 24(b)
Address of the Account holder :
SO URANDUR NAGARAJU,1-260
RAJEEV NAGAR,SRIKALAHASTHI
TIRUPATHI - 517643
ANDHRA PRADESH
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UNION BANK OF INDIA
Website address: www.unionbankofindia.com
