Education Loan Interest (80E)

To claim deduction under Section 80E, please click on "Other Deductions" tab and then "Edu. Loan-80E" sub-tab.

As soon as you click on the

icon on top of the right extreme column in the table, you will see a row with blank fields. Please click on the respective cells to update information on interest payment on loan taken for higher education under Section 80E.

You can create as many rows as you wish to enter details in the respective fields by clicking

the icon. If you wish to delete any of the rows, you could do so by clicking on the

icon at the beginning of the row.

Proof Submission for Education Loan Interest

The details for the various investment options along with the required proofs and guidelines are given below for your ready reference.

Under Section 80E

Proof to be submitted

Guidelines

Education Loan Interest Benefit

Letter / certificate from the Bank / Financial Institution specifying the following:

The loan is an educational loan
Amount of interest paid on the loan in the current year

Interest paid for the first 8 years on loans taken for Higher Education such as Engineering / Medical etc
Eligible only if loan is availed by the employee/children for pursuing his / her higher education
Loans availed only from FI /Bank only is eligible.
No Limit
Interest paid in the current year only