Note: If loan in aggregate is less than ₹ 20,000/-, the perquisite value will be Nil.
| Perquisite Value Calculator for Concessional / Interest Free Loans | ||
|---|---|---|
| Outstanding as on 1st April 2015 | ||
| Monthly repayment | ||
| SBI Interest Rate for loan type | ||
| Interest charged by Employer | ||
| Balance as on last day of | Interest as per SBI Loan Rate | |
| April | ||
| May | ||
| June | ||
| July | ||
| August | ||
| September | ||
| October | ||
| November | ||
| December | ||
| January | ||
| February | ||
| March | ||
| Total Interest as per SBI Loan Rate | ||
| Less : Interest Charged by the employer | ||
| Taxable Value of Concessional / Free of Interest Loan | ||