Home loan provisional certificate

A home loan provisional certificate is a statement that shows the details of your home loan account with the respective lender. In this letter, you will find the summary of the interest and the principal amount that you have repaid towards your home loan for the given financial year. This certificate serves as proof of home loan repayment. 

How to get home loan provisional certificate?


The process to obtain your home loan provisional certificate from your bank is quick and simple. You can do this process right from the comfort of your home or office. Most of the financial institution these days have made it possible for their customers to access the provisional certificate online. All you need to do is visit the official website of your financial institution and login to your account. Then you can access your home loan summary statement, provisional tax certificate, and other relevant documents.


Alternatively, you can also visit the nearest bank branch and ask the officials for the statement in person. For this, you would need to provide them with your loan account number and other details such as PAN Card, date of birth, etc.

Why are home loan provisional required?

  • A home provisional certificate can be used to do the following activities -
  • It can help the borrowers to keep a regular check on their home loan activities. The borrowers can know about their upcoming home loan EMIs, due amount, the amount paid and the remaining loan tenure.
  • Home loan statements are even useful after the completion of a particular loan and it acts as a proof of repayment of the loans. Banks check the home loan statements for lending the credit in future.

Home loan statements are also essential to claim tax deductions. You can claim tax deductions on a home loan:

  • Under Section 80C of the Income Tax Act, you can claim tax deductions up to Rs. 1,50,000 on the principal amount of the home loan.
  • You can get tax deductions up to Rs. 2,00,000 on the interest paid on the home loan under Section 24 of the Income Tax Act.
  • Amount paid on stamp duty, and registration charges of a home loan can also be claimed for tax deductions.