EV Tax Savings Calculator (Section 80EEB)
Estimate your potential income tax savings on an EV loan under Section 80EEB of the Indian Income Tax Act.
Important Disclaimer:
This calculator estimates potential tax savings under Section 80EEB. Please note:
- Applicable only to **Individual** taxpayers (not HUF, firms, companies etc.).
- Loan must have been sanctioned **between April 1, 2019, and March 31, 2023**.
- Applicable only for those opting for the **Old Tax Regime**.
- Consult a tax advisor for accurate tax planning.
Calculation Results
Estimated Total Interest Paid over Loan Tenure: -
Estimated Annual Average Interest Paid: -
Maximum Deduction Allowed (Section 80EEB): ₹1,50,000
Your Actual Eligible Deduction (per year): -
Estimated Annual Tax Saving: -