Look Beyond 80 C There are certain set of individuals who don't care to go beyond their boundaries and collect information regarding deductions apart from the ones that fall under section 80C. If you have paid a premium of 15, 000 on a health insurance for self, you are eligible to claim deduction under section 80D. Under section 24, if you have a house loan, you are eligible a tax benefit of up to 1,50,000 on the interest paid. You can also get benefits from repayment of educational loans taken for self, spouse or children. Under section 80E, you can claim the deduction paid for the entire interest amount.