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Education Loan Interest Certificate

This document is a certificate from a bank branch in Nagarutari, Jharkhand certifying that Mr. Pavan Kumar Yerragunta has been sanctioned an education loan of Rs. 2,240,200. It provides details of the interest charged and paid on the loan account for the financial year 2023-2024, including that interest of Rs. 126,483 was debited and paid. The certificate is being issued to allow Mr. Yerragunta to claim tax deductions on the interest paid under Section 80E of India's Income Tax rules.

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Pavan Kumar
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4K views1 page

Education Loan Interest Certificate

This document is a certificate from a bank branch in Nagarutari, Jharkhand certifying that Mr. Pavan Kumar Yerragunta has been sanctioned an education loan of Rs. 2,240,200. It provides details of the interest charged and paid on the loan account for the financial year 2023-2024, including that interest of Rs. 126,483 was debited and paid. The certificate is being issued to allow Mr. Yerragunta to claim tax deductions on the interest paid under Section 80E of India's Income Tax rules.

Uploaded by

Pavan Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Branch Code : Branch Name Address :

03440
NAGARUTARI
MAIN ROAD,NAGARUTARI
NAGARUTARI
DIST:GARHWA ,JHARKHAND

TO WHOMSOEVER IT MAY CONCERN

This is to certify that Master/ Mr/ Ms Mr. Pavan Kumar Yerragunta has/ have been
sanctioned Education Loan Rs.2240200.00 ( )

Loan Account No . : 32385363465

The particulars of repayment of interest applied and repayment of interest upto 2024, for
financial year 01/04/2023 to 31/03/2024 are as under:

a)Interest debited to the account during the


financial year upto 31st :February 2024 Rs.126483.00

b)Amount paid by the customer towards interest during the financial :year upto 31st
February 2024 Rs.126483.00

Interest is calculated on the loan account and applied at monthly rests.


The Bank has not verified whether other conditions for claiming
deductions / exemptions under IT provision for the aforesaid amounts are
fulfilled and does not undertake any responsibility in this regard.

This certificate is issued to


Mr. Pavan Kumar yerragunta.

Branch Manager/Chief Manager/Asstt.General Manager

Date: 18-FEB-24

(It is not obligatory that the interest under section 80E is require to be certified by the
lender)

As per the provisions of the Income Tax Rules, the actual payment of interest will be eligible for deduction under section
80E in the year in which the interest is actually paid, irrespective of the year to which the interest pertains to.

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