Section 80EEA of income tax act gives a first-home buyer up to ₹1,50,000 a year of extra deduction for home loan interest, on top of the ₹2 lakh under section 24(b), if the loan was sanctioned between FY 2019-20 and FY 2021-22 and the house's stamp duty value is ₹45 lakh or less. Section 80EE is an older version worth ₹50,000 for loans sanctioned in FY 2016-17.
Section 80E is different: it allows the whole of the interest on an education loan, with no cap, for up to eight years. All three are old regime deductions for FY 2025-26. Because the sanction windows for 80EE and 80EEA have closed, only borrowers with those older loans can still claim them. Read the 24(b) guide first, since 80EEA kicks in only after that limit is used.
Quick facts
80EEA limit
₹1,50,000 a year, over and above 24(b)80EEA loan window
Sanctioned in FY 2019-20 to FY 2021-2280EEA house value
Stamp duty value up to ₹45 lakh80EE limit
₹50,000; loan of FY 2016-17, loan up to ₹35 lakh, house up to ₹50 lakh80E
All education loan interest for up to 8 years80TTA
Up to ₹10,000 of savings account interestRegime
All of these: old regime only
Section 80EEA of income tax act: conditions
| Condition | Rule |
|---|---|
| Who | Individual (not HUF or firm) |
| Lender | Bank or housing finance company or other financial institution |
| Loan sanctioned | Within FY 2019-20, FY 2020-21 or FY 2021-22 |
| Stamp duty value of the house | ₹45 lakh or less |
| Other houses | You owned no residential house on the date of sanction |
| Overlap | You must not be claiming 80EE |
| Amount | Interest left after 24(b), up to ₹1,50,000 a year |
The deduction runs every year until the loan is repaid, so a borrower who qualified at sanction can keep claiming it in FY 2025-26 and later, as long as the old regime is chosen.
80EE income tax deduction
80EE came first. It allowed ₹50,000 a year of interest beyond 24(b) for a first home where the loan was sanctioned in FY 2016-17, the loan was ₹35 lakh or less and the house cost ₹50 lakh or less. The same person could not use both 80EE and 80EEA. If you took such a loan and are still repaying it, the claim continues; no new loans qualify.
Both deductions are claimed only after 24(b) is used in full. Interest that fits within the ₹2 lakh limit is claimed under 24(b), and only the balance moves to 80EE or 80EEA.
Worked examples: 80EEA and 80E
Home loan. Sneha's loan was sanctioned in FY 2020-21 for a flat with a stamp duty value of ₹42 lakh. She owned no other house then. Interest for FY 2025-26 is ₹3,20,000.
- Under 24(b): ₹2,00,000
- Balance ₹1,20,000 under 80EEA (below the ₹1,50,000 cap)
- Total interest deducted: ₹3,20,000
At a 30% slab in the old regime, the 80EEA part alone cuts tax by ₹36,000 plus cess of ₹1,440.
Education loan. Ramesh repays a loan for his daughter's master's degree. Repayment began in FY 2022-23. Interest in FY 2025-26 is ₹96,000, all of it deductible under 80E. He can claim each year up to FY 2029-30, eight years in all, or until the interest is fully paid if sooner.
Section 80E of income tax act: education loans
- Who: an individual who takes the loan for higher education of self, spouse, children, or a student for whom he or she is the legal guardian.
- Lender: a bank, a financial institution or an approved charitable institution. A loan from a relative or employer does not count.
- Amount: interest only, no limit. Principal gets no deduction.
- Period: the year repayment starts and the next seven years.
- Course: any course after school, in India or abroad.
Keep the lender's yearly certificate showing interest paid; that is the figure you claim.
80 TTA income tax deduction on savings interest
| Section | Who | Covers | Limit |
|---|---|---|---|
| 80TTA | Individuals and HUFs other than resident senior citizens | Savings account interest only | ₹10,000 |
| 80TTB | Resident senior citizens | Savings and fixed deposit interest | ₹50,000 |
Fixed deposit and recurring deposit interest does not get 80TTA; see TDS on FD interest for how banks treat it. Both deductions belong to the old regime. Interest still has to be shown in full under income from other sources before the deduction is taken.
Claiming these deductions
- Collect the interest certificates from your lender and bank.
- Choose the old regime in your return on the e-filing portal.
- Enter home loan interest up to the limit in Schedule HP, then the balance under 80EEA or 80EE in the deductions schedule, with the loan sanction date and the lender's name.
- Enter education loan interest under 80E and savings interest under 80TTA or 80TTB.
For tax year 2026-27 these deductions sit in the deductions chapter of the Income-tax Act, 2025, still only for the old regime. A full list is on the deductions page.
Common errors with 80E, 80EE and 80EEA
| Error | Correction |
|---|---|
| Claiming 80EEA for a loan sanctioned after FY 2021-22 | Not eligible; only 24(b) applies |
| Claiming 80EEA before using the full ₹2 lakh under 24(b) | Use 24(b) first, then the balance |
| Claiming 80E on a loan from a family member | Only loans from banks, financial or approved charitable institutions qualify |
| Claiming 80TTA on FD interest | 80TTA covers savings accounts only |
We describe these loan deductions in general terms only. Your own eligibility depends on loan papers and dates, so have a chartered accountant look at them, or check the portal's help pages, before you claim.
Sources we checked
- Income-tax Act, 1961, section 80E
- Income-tax Act, 1961, sections 80EE and 80EEA
- Income-tax Act, 1961, sections 80TTA and 80TTB
Frequently asked questions
What is section 80EEA of income tax act?
It allows up to ₹1.5 lakh a year of extra home loan interest for a first home, beyond the ₹2 lakh under 24(b). The loan must have been sanctioned in FY 2019-20 to FY 2021-22 and the stamp duty value must be ₹45 lakh or less.
Can I claim 80EEA for a new home loan taken now?
No. The sanction window ended with FY 2021-22, so new loans do not qualify.
What is section 80EE of income tax act?
It gave up to ₹50,000 a year of extra home loan interest for loans sanctioned in FY 2016-17, with a loan of up to ₹35 lakh and a house of up to ₹50 lakh.
What is section 80E of income tax act?
It allows the full interest on a loan for higher education of self, spouse, children or a ward. There is no amount limit; the claim lasts up to eight years.
Can I claim 80EE and 80EEA together?
No. A person who claims one cannot claim the other for the same house.