How to use this calculator
- Enter the interest paid in the year, the date of loan sanction and the purpose of the loan.
- Choose the loan type to match your situation.
- Read the deduction allowed under each section and the total in the result.
These deductions are for the old regime; confirm the conditions on the loan and the lender.
The result is an estimate for the figures you enter. It is not a filed return, a certificate or professional advice. Rates, thresholds and section numbers change with each Finance Act, and the Income-tax Act, 2025 applies from 1 April 2026 with new section and form numbers.
For the related work, see Income tax return (ITR) filing.
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