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Home / Finance / Banking / What Is The Pan Number Of LIC Housing Finance?
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What Is The Pan Number Of LIC Housing Finance?

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2 2023-02-27T18:23:29+00:00

It is now required to provide one's permanent account number in almost all financial transactions (PAN). The requirement to use the bank's PAN in order to earn specific tax benefits on home loans, however, was unknown to most people, including me. I opted for home loan from LIC Housing Finance. Identifying the LIC HFL PAN number confused me a little. Further, it could be difficult to locate the appropriate PAN for the bank.

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After my research about what is the pan number of LIC housing finance, I discovered that the LIC housing finance PAN number is AAACL1799C.

Since June 1, 2016, in order to claim the tax advantages on salary income in line with Rule 26C of the Income Tax Act, the employee must give the employer particular information. The employee must fill out Form 12BB and submit it to the employer in order to collect tax benefits or rebates on purchases and expenses.

Form 12BB is essentially a statement of claims made by an employee for tax deductions on house loan interest, chapter VIA deductions (such as Section 80C and 80D), housing rent expenses (HRE), and leave travel expenses (LTE). Particular information on the house loan must be included in Form 12BB, such as;

  • Interest payable/paid to the lender (during the financial year)

  • Name of the lender

  • Address of the lender

  • Permanent Account Number (PAN) of the lender

I hope this answer suffices your query about the LIC HFL PAN number. I hope this helps:)

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