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    This document is a statement from ICICI Bank providing details of a housing loan granted to Saket Saurabh and Jai Prasad Bhagat for the purchase of a property. It specifies the loan amount of Rs. 4260000, loan and application numbers, date of sanction and disbursal. It also lists the address of the purchased property and notes that the loan is repayable in EMIs over 147 months at a variable interest rate as agreed upon signing. The document clarifies that interest deductions can be claimed under Section 24(b) and principal repayment deductions under Section 80C of the Income Tax Act, subject to conditions.

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    This document is a statement from ICICI Bank providing details of a housing loan granted to Saket Saurabh and Jai Prasad Bhagat for the purchase of a property. It specifies the loan amount of Rs. 4260000, loan and application numbers, date of sanction and disbursal. It also lists the address of the purchased property and notes that the loan is repayable in EMIs over 147 months at a variable interest rate as agreed upon signing. The document clarifies that interest deductions can be claimed under Section 24(b) and principal repayment deductions under Section 80C of the Income Tax Act, subject to conditions.

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    This document is a statement from ICICI Bank providing details of a housing loan granted to Saket Saurabh and Jai Prasad Bhagat for the purchase of a property. It specifies the loan amount of Rs. 4260000, loan and application numbers, date of sanction and disbursal. It also lists the address of the purchased property and notes that the loan is repayable in EMIs over 147 months at a variable interest rate as agreed upon signing. The document clarifies that interest deductions can be claimed under Section 24(b) and principal repayment deductions under Section 80C of the Income Tax Act, subject to conditions.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    11 views2 pages

    Document

    Uploaded by

    kitchencloud2022
    This document is a statement from ICICI Bank providing details of a housing loan granted to Saket Saurabh and Jai Prasad Bhagat for the purchase of a property. It specifies the loan amount of Rs. 4260000, loan and application numbers, date of sanction and disbursal. It also lists the address of the purchased property and notes that the loan is repayable in EMIs over 147 months at a variable interest rate as agreed upon signing. The document clarifies that interest deductions can be claimed under Section 24(b) and principal repayment deductions under Section 80C of the Income Tax Act, subject to conditions.

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    of 2

    Branch SOL ID 0712-ICICI Bank Ltd.

    , Pratik, Bhatta Bazar, Purnia Bihar - 854301


    TO WHOMSOEVER IT MAY CONCERN
    STATEMENT FOR CLAIMING DEDUCTIONS UNDER SECTIONS 24 (b) &
    80 (c)(2) (xviii) OF THE INCOME TAX ACT, 1961
    This is to state that Ms./Mr Saket Saurabh & Jai Prasad Bhagat has/have been granted a Housing Loan for
    purchase/construction of house property for an amount of Rs. 4260000/-, the details of which are provided as
    below:
    Loan Account Number : LBPUP00005419580
    Application Form Number : 7726799955
    Date of Sanction : 24-MAR-21
    Date of Disbursal : 24-MAR-21
    Address of the property : Duplex No 80,Duplex No 80 Panorama City Phase 3 Nh 31 Bypass
    Road Purnea Khata No 550 551 595 Khesra No 110 61115 1116 21
    By 22 Panorama City Pahse Iii,Purnia,Khata No 550 551 595 ,Purnia-
    854326

    The above loan is repayable in Equated Monthly Installments (EMIs) comprising of principal and interest
    wherein the calculation of interest levied on a monthly basis has been computed on the basis of the terms of
    sanction as agreed upon by the Borrower(s) including any amendments to such terms from time to time (or
    basis request/s received for change in rate of interest (ROI)).

    The break-up of the EMI amount for the above loan into principal and interest is as follows:
    Month Installment Interest Principal Interest Principal
    Amount (Payable) (Payable) (Paid) (Paid)

    Total

    * As on date of issuance of the instant certificate the residual/balance tenor of repayment stands at 147 ,
    which may undergo change/s (by either increasing or decreasing) in future basis changes in applicable ROI.

    The variable amounts in principal and interest as mentioned aforesaid are on account of revision of ROI.
    Please refer to the communication on reset of ROI issued by way of letter/email / sms, on the address and
    mobile number registered as per the records of the Bank and/or by way of post in case of the aforesaid details
    not having been registered/updated with the Bank. You may alternatively, also refer to your Repayment
    Schedule by visiting your nearest branch or logging into the internet banking portal on the ICICI Bank website.

    Please Note -
    *Deduction under section 24(b) of the Income-tax Act, 1961, in respect of the interest on the borrowed
    principal amount & 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, have been 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(s) :
    Saket Saurabh & Jai Prasad Bhagat
    S O J P Bhagat
    Sharda Nagar
    Bus Stand
    Date: January 24, 2024
    Near Bus Stand
    Purnea-Purnea-854301

    Regd Off: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, Gujarat - 390 007. CIN:
    L65190GJ1994PLC021012. PAN No: AAACI1195H
    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 iMobile to 5676766.

    This is a system generated letter. Hence, it does not require any signature.
    AOG_SR200931900_24052022

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