Need A Financial Product Forums Tax Savings Can I claim HRA with two outstanding home loans

This topic contains 1 reply, has 2 voices, and was last updated by  Mukund Sane 3 years, 2 months ago.

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    Mukund Sane

    I have an outstanding loan of Rs. 24 lakhs from HDFC Ltd. for a flat in Greater Noida. I am staying in a rented accommodation in Bangalore. I have taken another loan of Rs. 18 lakhs for a flat in Banglaore from ICICI Bank. The flat is under construction. Till I get possession of the flat, I will have to stay in rented accommodation. Now my question is that with two running home loans and ownership of one ready to move in house, can I claim HRA.


    Nirav Patel

    Yes, you can claim HRA.

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