Interest Rates dated 01.04.2009 of State Bank of India Required for Perquisites

Friends,

Happy Christmas to All

Meaning of Perquisites = Benefit of Employees

To know the value/amount of perquisites as per new rules, there is major requirement of Interest Rates of State Bank of India as on 01.04.2009 (1st April, 2009),as mentioned in Notification. The Loan types are given as under :-

• House Loan
• Car Loan
• Two Wheeler Loan
• Personal Loan
• Loan ESOP

Interest Rates of SBI (State Bank of India) as on 01.04.2009 is given as under:-

Rates charged by SBI as on 01.04.2009

Interest Rates of State Bank of India as on 01.04.2009
Type of Loan	Period	Amount
House Loan		up to 30 Lakh	30-75 lakhs	above 75 lakhs
	up to 5 years	9.75	10.25	10.25
	5-to10 years	10.00	10.50	10.50
	>10- upto 15 years	10.00	10.50	10.50
	>15- up to 20 years	10.25	10.75	11.00
	>20-upto 25 years	11.00	11.00	11.00
Car Loan		up to 7.5 lakh	>=7.5 lakh
	up to 3 years	11.75	11.50
	>3-up to 5 years	11.75	11.75
	>5 upto 7 years	12.00	12.00
Two wheeler		any amount
		16.25
Education loan		upto 4 lakh	4 lakh to 7.5	above 7.5 lakh
	Girl student	11.25	12.75	12.00
	Boy student	11.75	13.25	12.50
Personal Loan		any amount
		16.50
Loan Esop		14.50

New Notification issued by Income Tax Department regarding Perquisites

Click Here to read the Notification

Income Tax Calculator on-line (Click Here)

Present Bank Interest Rates of All Indian Banks for Loans/Deposits (Click Here)