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

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  • November 2, 2014 at 6:22 am #48236
    samkapoor77
    Keymaster

    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.

    November 4, 2014 at 1:48 am #48237
    samkapoor77
    Keymaster

    Yes, you can claim HRA.

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