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This document is a provisional statement certifying that Mr. Arun Kumar has been granted a housing loan of Rs. 28,00,000 at an interest rate of 8.60% per annum, with total EMIs of Rs. 1,04,598 for the period from 01/04/2024 to 31/03/2025. The statement outlines the breakdown of the EMI into principal and interest components, as well as the conditions for claiming tax deductions under Sections 24(b) and 80C of the Income Tax Act. It emphasizes that the figures are provisional and subject to change based on repayments and other factors.

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Tarun Kumar
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4 views

View Certificate

This document is a provisional statement certifying that Mr. Arun Kumar has been granted a housing loan of Rs. 28,00,000 at an interest rate of 8.60% per annum, with total EMIs of Rs. 1,04,598 for the period from 01/04/2024 to 31/03/2025. The statement outlines the breakdown of the EMI into principal and interest components, as well as the conditions for claiming tax deductions under Sections 24(b) and 80C of the Income Tax Act. It emphasizes that the figures are provisional and subject to change based on repayments and other factors.

Uploaded by

Tarun Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Date : 14/02/2025 TO WHOMSOEVER IT MAY CONCERN

----------------------------
TYPE : 571- RESIDENT HOME LOAN-VARIABLE RATE-MONTHLY RES ()

PROVISIONAL STATEMENT for claiming deduction under Sections 24(b) & 80C
of the INCOME-TAX ACT,1961 for the period 01/04/2024 to 31/03/2025

This is to certify that MR ARUN KUMAR


(Loan account number 703186565) has/have been granted a HOUSING LOAN
of Rs. 28,00,000 @8.60% per annum* in respect of the following property :
FLAT-201,FLOOR-2,SHREE DATTA APARTMENT,PLOT 99,100,S NO 574, SHEET,NO; 710,KH. NO.
100/2,103/2,,MOUZA SOMALWADA, NEW MANISH,NAGAR, NR JAYANTI MENSION 9,NAGPUR-440015

The above loan is REPAYABLE in Equated Monthly Instalments (EMIs) comprising


Principal and Interest. The total amount of EMIs payable from 01/04/2024 to
31/03/2025 is Rs. 1,04,598.00. The break-up of the amount into Principal and
Interest is given below :

PRINCIPAL COMPONENT Rs. 44,716.00


INTEREST COMPONENT Rs. 59,882.00
PRE-EMI INTEREST Rs. 10,556.00

NOTES :
1.Interest is calculated on monthly rests. Principal repayments are
credited at the end of each month.
2.Interest and Principal figures are subject to change in case of
prepayment/s and/or change in repayment schedule.
3.Principal repayments through EMIs and/or Prepayments qualify for deduction
under Section 80C,if the amounts are ACTUALLY PAID by 31/03/2025.
4.Deduction under Section 80C can be claimed only if :
(i) The repayment of the loan is made out of income chargeable to tax and
(ii) 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.
THESE CONDITIONS HAVE NOT BEEN VERIFIED BY HDFC Bank Ltd.
5.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 AUTHORISATION FROM
HDFC BANK LTD (PAN: AAACH2702H)

THE AMORTISATION OF THE LOAN IS AS PER THE REPAYMENT SCHEDULE BELOW :-


From Dt To Dt ROI(%) EMI From Dt To Dt ROI(%) EMI
JAN-25 JAN-25 8.60 34,866 FEB-25 8.60 34,866

703186565
MR ARUN KUMAR
FLAT-201,FLOOR-2,
SHREE DATTA APARTMENT,
PLOT 99,100,S NO 574, SHEET,
NO; 710,KH. NO. 100/2,103/2,,
MOUZA SOMALWADA, NEW MANISH,
NAGAR, NR JAYANTI MENSION 9,
,NAGPUR-440015
Regd. Office: HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai 400013.
Tel: 66316000, 22820282.,L65920MH1994PLC080618

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