Declare Interest on Higher Education Loan in Section 80E

Declare the details of the interest for higher education loan availed as per Section 80E.

As a Payroll User, declare the interest on higher education loan for employees availing this benefit.

As an employee you can access the investment declaration page from the employee self service portal.

Add Interest on Higher Education Loan in Section 80E

Here are the details of the attributes captured in this section:

1. As a Payroll User, from the home page navigate to Payroll Calculation > Manage Person > Manage Calculation Card > Income Tax Deductions > Complete Investment Declaration > Deductions under Chapter VIA .

2. From the dropdown list, select Interest on Higher Education Loan

   S No.	Field	Necessity	Description
   1	Interest Amount	Mandatory	Enter the interest amount paid for the higher education loan availed.

   Note: Employee can claim this exemption for loan availed for self, spouse and children. If multiple education loans are availed for self, spouse and children, you need to enter the total value of the interest amounts paid for the education loans.
3. Click Submit.