Does a personal loan come under 80c?

A personal loan does not offer any benefits under section 80C of the Income Tax Act, 1962 but if the money is used for the purchase or construction of a piece of property, then the interest paid can be claimed as an exemption under Section 24. This section does not distinguish the type of loan, whether a personal loan or home loan, and claim deduction as “Deduction from Income from House Property” for the maximum interest amount of Rs 2 Lakh. So you can take tax benefits for a personal loan easily under section 24.