TO WHOMSOEVER IT MAY CONCERN
PROVISIONAL INTEREST CERTIFICATE
For claiming deduction under section 24(b) & 80(c) of the Income-Tax Act,1961 for the period 01-04-2023 to 31-03-2024.
This is to certify that MR RAJU KANKAYYA GAJUL has/have been granted a Housing Loan(having Account Number 410306650008308) of
2450000.00 @ 8.85% per annum in respect of following property:
Property Address:
SUB PLOT NO 36, FINAL PLOT NO 18
CITY SURVEY NO 59/100, T P SCHEME 3
SOLAPUR
The above loan is Repayable in Equated Monthly Installments (EMIs) comprising Principal and Interest together.
The total amount of EMIs is payable from 01-04-2023 to 31-03-2024 is Rs.{varTotalAmt}
The break-up of amount into principal and interest is given below:
PRINCIPAL COMPONENT : Rs.90210.77
INTEREST COMPONENT : Rs.151505.24
DATE : 12-12-2023
Note:
1. Interest is calculated on monthly rests.
2. Interest and Principal amounts are subjected to changes in case of Prepayment/s and/or
change in repayment schedule.
3. Principal repayment through EMIs and/or Payments qualify for deduction under Section 80C
if the amounts are Actually Paid on or before 31-03-2024.
4. Deduction under 80C can be claimed only if:
1. The repayment of loan is made out of the income chargeable to Tax.
2. 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.
For these conditions, account holder should give self certification or declaration to employer.
5. Interest Payable on loan is allowed as a deduction under Section 24(b).
Address of Account Holder:
160 PANCHASHIL NAGAR,KUMTHA NAKA SOLAPUR
SOLAPUR-413003
MAHARASHTRA
SHARAD CHAMBERS, 560/59, SOUTH SADAR BAZAR,,SOLAPUR CAMP,DIST.SOLAPUR,
MAHARASHTRA,
SOLAPUR-SOLAPUR,MAHARASHTRA
Website Address: www.unionbankofindia.com
