As the system as well as technologies are getting advanced, so now there is no need to people in order run a lot for the banking facilities. However, along with the help of the website home loan borrowers now can easily view as well as download the Interest Certificate (Provisional) of their home loan account.
In order to accomplish this procedure they are just required to log in on the personal banking section of the internet banking site and with the help of the credentials select the “Home Loan Int.Cert (Prov)” link under “Enquirer” tab. After you have completed this step now you are required to select the account for which you are required to get home loan provisional certificate. Thus, in order to receive a home loan provisional certificate it is essential for you to have knowledge about How to Get SBI Home Loan Provisional Certificate.
Home Loan Provisional Certificate:
In order to get home loan it is important for you to understand the importance of the home loan provisional certificate. It is a account that is being provided by the lender. However, basically a home loan provisional certificate is a summary of the interest and principal amount which is being repaid by you towards the home loan. This is done on the basis of the given financial year. Apart from this it also serves as the proof which states that you have accomplished your home loan repayment. There are many cases when a provisional interest certificate can also be obtained at the beginning of the financial year. As it indicates the amount which is payable for that year.
What Is The Use Of Home Loan Certificate?
There are various uses of the home loan certificate. However, its one of the most important use is that home loan certificate is require to claim tax deductions. Moreover, as we know the principal and the EMI component of a home loan are being subjected to the respective tax deductions. Under the section of the 8oC of the income tax act. The principal amount must be repaid by you. However, under the section 24 the cap on the interest claim is Rs. 2,00,000. Apart from this, stamp duty charges and registration fees are also considered as deductions. However, in order to successfully avail all these tax benefits on a home loan. Hence, it is essential to submit the home loan certificate by everyone. In the process of the fillings the return.
How to Get SBI Home Loan Provisional Certificate?
However, if you are looking to get the home loan certificate from the state bank of India. As we all know it is very important to get the home loan provisional certificate. For this follow the steps given below:
Step 1: First of all you are required to visit to the official website of the SBI at https://www.onlinesbi.com/personal/
Step 2: Once you have visited then on the basis of your credentials detail you are required to log in to the personal banking section of the site.
Step 3: After this you need to select the ‘Enquiries’ tab and click on ‘Home Loan Interest Certificate (Provisional)’ link.
Step 4: The last step is to select the account for which you need the home loan certificate. Hence, you can now view, print or download your home loan interest certificate.
However, in order to get the home loan provisional certificate these are the few steps you need to follow. As it is very essential for an individual to get the home loan provisional certificate.
There are different procedure to get the home loan provision statement from different bank. But to get this statement from the SBI bank you need to go through these steps. So that you can easily achieve the Statement.