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Education Loan

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0% found this document useful (0 votes)
39 views1 page

Education Loan

Uploaded by

abhishek.abbey
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Date: 24/12/2024

To Whomsoever It May Concern

This is to inform that HDFC Credila Financial Services Limited (Formerly known as HDFC Credila
Financial Services Private Limited) sanctioned an education loan of Rs. 8,80,000 /- to Mrs.
DEEKSHA ABBEY (Student), Mr. ABHISHEK ABBEY (Coborrower1) for pursuing course in
MASTER OF BUSINESS ADMINISTRATION: conducted by SYMBIOSIS INSTITUTE OF
MANAGEMENT STUDIES (SIMS) in INDIA. The details of the loan as of date are as follows

Tranche No. Education Loan Account Number Date of Disbursement Amount of Disbursement
1 A1702230065 13/04/2024 Rs. 8,80,000/-
Total

The details of repayment for financial year 2024 - 2025 are given below:-

Tranche Education Amount of Amount of Amount of Projected Total Amount


No. Loan Installment Interest Paid Principal Paid Additional of Interest
Account Paid as of as of Date as of Date Amount of Due for FY
Number Date Interest Payable 2024-2025
in FY 2024-2025
1 A1702230065 Rs. 1,90,200/- Rs. 1,35,000/- Rs. 55,200/- Rs. 73,000/- Rs. 2,08,000/-

Total Rs.1,90,200/- Rs.1,35,000/- Rs. 55,200/- Rs.73,000/- Rs. 2,08,000/-

Note: This certificate is issued at the request of the borrower(s) and neither the company nor any of its
official shall be responsible or liable directly or indirectly with regards the issuance of this certificate.
Further though reasonable care and diligence has been exercised in generating this certificate, however,
pursuant to the education loan agreements, nothing herein shall prejudice HDFC Credila’s interest or rights
if there is any clerical or arithmetical error in the statement and / or the calculations due and payable by the
borrowers.

HDFC Credila Corporate Identity Number: U67190MH2006PTC159411; PAN Number: AACCC8789P

We further advise that the above details of tentative principal and interest payable are given on the
assumption that there will be no further drawal from your unavailed sanctioned limit or changes to the
amortisation schedule on account of tenure or rate of interest as applicable at the given point of time. The
above interest would qualify for deduction under section 80E of the Income Tax Act, 1961, subject to
fulfilment of the conditions prescribed therein and the rules defined therein. These conditions have not
been verified by HDFC Credila. Customer should seek professional tax advice to confirm the eligibility for
deduction under this section.

This is a computer generated document, does not require signature.

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