Education and Career Forum

Sir,
I am working in Tata Motors and my son is studying in B.Com. After his B.Com he want to do MBA. So, as I am an employee of Tata I can apply and get education loan for my son easily. But I want to know that I can also claim Tax Rebate?

Yes, you can definitely claim for Income tax rebate for the education loan of your son provided you become the co-borrower of the education loan. Since you are an employee of TATA Motors, so you can get education loan easily for your son once he gets admission in a recognized college. Then you need to get bank statement as a proof to claim your income tax rebate.