Is getting a loan online safe

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is getting a loan online safe

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Generating an online statement from LIC Housing Finance Ltd is very easy, simply follow the below steps to create an online account with LICHFL and generate statements online!

You may use the online generated statement as a proof for principal paid for a housing loan(under section 80C ) and interest paid(under section 24 ) while filing income tax returns.

Before reading further, make sure you have the following information with you:

  • Your Loan Account Number
  • Sanctioned Amount

At the end of the financial year you need to submit your home loan statement to the Income Tax Department to avail tax benefits.

You can save tax on the Principal paid under Section 80C and on the interest under Section 80E . Section 80C limits the maximum saving to Rs.1 Lakh where Section 80E allows up to Rs.1.5 Lakhs.

Generating Provisional Interest Certificate Online is very easy. Log on to your State Bank of India account using this link and go to Enquiries -> Home Loan Int. Cert . Select your home loan account and download the Tax Certificate for your income tax filing needs.

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