State Bank of India (SBI) Lending Rates for Income Tax Purpose
- Friday, April 8, 2011, 9:56
- Income Tax
- News
Income Tax : SBI Lending Rates
We have attached herewith a file which have SBI lending rates for Assessment years 2006-07, 2007-08, 2008-09, 2009-10, 2010-11 and 2011-12. It Contains the Interest Rate on following Kinds of Loan for different period:-
- Interest Rate on Housing Loan up to 5 Years, Above 5 years but up to 10 years, Above 10 years but up to 15 years and Above 15 years but up to 20 years.
- Car Loan
- Two Wheeler Loan
- Education Loan
- Personal Loan
- Loan to employees to subscribe ESOP.
Download Interest rate for Income Tax purpose (As on April 1, 2005 for the Assessment year 2006-07, As on April 1, 2006 for the Assessment year 2007-08, As on April 1, 2007 for the Assessment year 2008-09, As on April 1, 2008 for the Assessment year 2009-10, As on April 1, 2009 for the Assessment year 2010-11, As on April 1, 2010 for the Assessment year 2011-12 and As on April 1, 2011 for the Assessment year 2012-13)
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- Major Banks raises deposit and lending rates
- Merger of State Bank of Indore with State Bank of India (SBI)
- CBI Arrests a Deputy Manager of State Bank of India for accepting a bribe of Rs.30,000/-
- Acquisition of State Bank of Indore by State Bank of India approved
sir i am a cash officer in sbi. i am living in a rent(7500rs per month in ranchi jharkhand) which is provided my bank.but i want to know that how many rupees my landowner pay in income tex.
In this case, bank has provided you rent free accomodation, hence it will be treated perquisite in your hand. value shall be determined lower of 15% of salary or rent paid by bank, which shall be taxable in your hand.