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Home Loan Statement

Viswa Jayanth Matta and Christina Matta have been granted a housing loan of Rs. 2,008,913 for property purchase/construction, with details provided including loan account number and property address. They can claim deductions under Sections 24(b) and 80C of the Income Tax Act, 1961, for interest and principal repayment, respectively, subject to conditions. The document includes a breakdown of the Equated Monthly Installments (EMIs) for the loan from April 2024 to March 2025.

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15 views1 page

Home Loan Statement

Viswa Jayanth Matta and Christina Matta have been granted a housing loan of Rs. 2,008,913 for property purchase/construction, with details provided including loan account number and property address. They can claim deductions under Sections 24(b) and 80C of the Income Tax Act, 1961, for interest and principal repayment, respectively, subject to conditions. The document includes a breakdown of the Equated Monthly Installments (EMIs) for the loan from April 2024 to March 2025.

Uploaded by

mvjayanth88
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TO WHOMSOEVER IT MAY CONCERN

STATEMENT FOR CLAIMING DEDUCTIONS UNDER SECTIONS 24


(b) & 80C (2) (xviii) OF THE INCOME TAX ACT, 1961
This is to state that Viswa Jayanth Matta & Christina Matta has/have been granted Housing Loan for purchase/
construction of house property of Rs.2,008,913/-, the details of which are given below:
Loan Account Number LBHYD00003145566
Application Form Number 7721100491
Address of the Property Flat No 402 4th Floor Plot No 3 H No 30-194/3, Maha Devi Colony,
Old Safilguda Malkajgiri Circle And Mandal Under Ghmc Malkajgiri
Rangareddy Hyderabad, 415/1, Hyderabad-500056
The above loan is repayable in Equated Monthly Installments (EMIs) comprising of principal and interest. The break-up
of the EMI amount for the above loan into principal and interest is as follows :
Payable from April 2024 to March 2025 Paid from April 2024 to
(in Rs.) March 2025 (in Rs.)
EMI Amount / Prepayment if any 309972.00 309972.00
Principal Component 157300.00 157300.00
Interest Component 152672.00 152672.00
Pre-EMI Interest 0.00 0.00
Principal Repayment during Pre-EMI 0.00 0.00
Please Note
*Deduction under Section 24(b) of the Income-tax Act, 1961, in respect of the interest on the borrowed principal
amount and under section 80C of the Income-tax Act, 1961 in respect of repayment of the principal amount can be
claimed subject to fulfillment of the conditions as per the prevailing Income Tax provision.
*The utilization/end use of the loan is as per the Borrower's discretion and is required to be in accordance with the
details provided in the loan application and the undertakings given, if any, in the Loan Agreement, which, where such
details has been provided, has solely relied upon.
*Calculation of Interest/additional interest and other charges are done on monthly basis, number of days in a month
being 30. Broken period Pre-EMI interest is apportioned on actual number of days for which interest is due as against
360 days in a year.

For ICICI Bank Limited,


(Acting for itself and / or as duly constituted attorney on behalf of ICICI Home Finance Co. Limited)

Address of borrower –
Matta Viswa Jayanth
30-194/3, 402 Jayasree Plaza, Mahadevi Colony,
Authorised Signatory Old Safilguda, Malkajgiri, Hyderabad - 500056
Date: 20th January, 2025

Regd Off: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, Gujarat - 390 007. CIN: L65190GJ1994PLC021012. PAN
No: AAACII 195H
Corp Off: ICICI Bank Towers, Bandra Kurla Complex, Mumbai - 400051. India. Website: www.icicibank.com You can access your loan
details through ICICI Bank iMobile app. To download, SMS iMQbiIe to 5676766.

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