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Home > Videos > ನಿಮ್ಮ ಎಜುಕೇಶನ್ ಲೋನ್ ಗೆ ಟ್ಯಾಕ್ಸ್ ಬೆನಿಫಿಟ್ಸ್ ಪಡೆಯೋದು ಹೇಗೆ? EP-210

ನಿಮ್ಮ ಎಜುಕೇಶನ್ ಲೋನ್ ಗೆ ಟ್ಯಾಕ್ಸ್ ಬೆನಿಫಿಟ್ಸ್ ಪಡೆಯೋದು ಹೇಗೆ? EP-210

How to get tax benefit on your Education Loan?

Beware of these points while availing Education Loan.

1. You will get tax benefit on the interest you pay on the principal amount of education loan. Not on the principal of Education Loan.

2. You will not get a tax benefit on all education loan. Tax benefits are applicable only if you avail education loan from any banks, financial institutions, NBFCs or any charitable institutions.

3. Tax benefit on education loan is applicable only for graduation, post graduation or approved higher education.

4. You will get tax benefit on education loan only if you avail it for yourself or for your child or spouse.

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