Generate FREE Rent Receipts

Need rent receipts to claim HRA tax exemption? Generate it now instantly by simply filling in the details below. It’s easy, quick, and hassle-free.

RENTAL DETAILS
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TENANT DETAILS

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Date:

Rent Receipt

This is to acknowledge the receipt from the sum of rupees towards rent payment for the period from to towards the property bearing the address

Landlord Name:
Revenue Stamp
Revenue Stamp

What is a Rent Receipt?

Rent receipt is a document that acknowledges rent payment by a tenant to the landlord. A rent receipt generally includes the following information:

  • Tenant's name
  • Landlord's name
  • Rent amount
  • Rent period
  • Date of payment
  • Rented property address
  • Mode of payment
  • Landlord's PAN (if the annual rent exceeds Rs 1 Lakh)

How to generate free rent receipts online?

You can use the Free Rent Receipt Generator tool by TyTil .com to instantly generate your online rent receipts at any time. Check out the steps below to understand how it works and how to download rent receipt in PDF format.
Step1
Enter all the required details and click on "Generate Rent Receipts Now"
Step2
Click on "Download Rent Receipt Now " to download & save the receipt on your device
Step3
Your rent receipt is ready

Why do you need house rent receipts?

Your house rent is probably your biggest monthly expense. Most tenants, especially those who pay rent in cash, do not realize why rent receipts are important and how they can be used to save tax. TyTil .com lets you generate template-based rent receipt online which can be downloaded in PDF format.

Let us look at some of the major benefits of house rent receipt :

Rent receipts save you from legal disputes

A house rent receipt serves as proof that you've paid your rent. In the event of any legal dispute between you and your landlord regarding non-payment of rent, you can show your rent receipts to prove your innocence. Additionally, rent receipts also mention the date of payment, in case the landlord wrongfully asks you for a late payment fine.

Rent receipts for HRA tax exemption

If you are a salaried individual, you can use rent receipts to claim House Rent Allowance (HRA) tax exemption under Section 10 (13A) of the IT Act. The deduction you can claim will be the lowest of the following:

  • The HRA given by your employer
  • 50% of your salary if you live in a Metro city
  • 40% of your salary if you live in any other city
  • The actual rent you pay minus 10% of your basic salary and dearness allowance

If you are a self-employed individual, you can avail tax exemption under Section 80GG.

 

Frequently Asked Questions

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You can apply by entering your details, such as loan amount, location, and other requirements. A Relationship Manager will then guide you through the process.
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Eligibility depends on factors like age, income, credit score, and employment stability. TyTil provides tools to help you check eligibility with different lenders.
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Fixed rates stay constant throughout the loan tenure, while floating rates vary based on market conditions, which can impact your EMI.
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TyTil allows you to compare rates, tenures, and terms from various banks and financial institutions to find the offer that suits your needs.
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Yes, you can apply jointly with a co-applicant, such as a spouse or family member, which may increase loan eligibility.
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Typically, a down payment of 10% to 20% of the property value is required. A larger down payment can lead to better terms and lower EMIs.

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