By Justin | Published | No Comments
While filing your income tax return, you can claim deduction for the interest paid on your home loan.
SBI’s Home Loan Provisional Interest Certificate acts as a temporary document that details the interest paid on your home loan for a specific period during the current financial year. It is not a final statement but an interim document for various purposes like filing taxes or claiming deductions.
This indicates that the certificate is not the final audited statement for the year. This is an estimate based on available data and is subject to slight changes.
Requirement of provisional loan certificate from SBI
A provisional loan certificate mainly reflects the amount of interest paid on your home loan during the chosen period. It may also include details like loan account number, interest rate and loan tenure.
The certificate specifically reflects the interest paid within the current financial year, which usually starts from April 01 to March 31.
Here are some of the major situations where a Home Loan Provisional Interest Certificate can be useful:
How to view home loan provisional interest certificate online?
Home loan borrowers can view/download the interest certificates (provisional) of their home loan account(s).
Steps to follow;
Offline Method to Download Home Loan Provisional Interest Certificate
Follow us on Google news ,Twitter , and Join Whatsapp Group of thelocalreport.in
Justin, a prolific blog writer and tech aficionado, holds a Bachelor's degree in Computer Science. Armed with a deep understanding of the digital realm, Justin's journey unfolds through the lens of technology and creative expression.With a B.Tech in Computer Science, Justin navigates the ever-evolving landscape of coding languages and emerging technologies. His blogs seamlessly blend the technical intricacies of the digital world with a touch of creativity, offering readers a unique and insightful perspective.