Tax Deduction Hacks
easy
low risk
Annual
1 min read
Updated October 2025
80E Unlimited Education Loan
Deduct full interest on education loan for 8 years
Potential Savings
₹2-5 lakhs over 8 years
Time Required
Annual
Complexity
easy
Legal Status
fully legal
Applicable to:
Student
Parent
What is This Hack?
Deduct full interest amount on education loan with no upper limit for 8 consecutive years, saving lakhs on higher education financing
Key Benefits
- Potential savings: ₹2-5 lakhs over 8 years
- Implementation time: Annual
- Legal status: fully legal
- Risk level: low
Related Topics
80e
education loan
interest
deduction
unlimited
Related Calculators
Income Tax Calculator
Compare old vs new tax regime and calculate your income tax liability
Section 80C Deductions
Track all 80C deductions with NPS additional ₹50K benefit under 80CCD(1B)
Comprehensive EMI Calculator
Calculate EMI for home, car, personal, education loans with tax benefits (80C, 24b, 80E)