Yes. After you avail a studies mortgage, the eye repaid (that is an element of their EMI) into the student loan are greet since good deduction below Section 80E of Income tax Act, 1961. The latest deduction can be obtained for a total of 8 years otherwise up until the attract are paid, any was earlier.
Simply go into the current interest rate while the loan matter and you may installment period required in the appropriate areas in order to assess
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