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Interest Rate

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(Querist)
27 August 2009 Interest perk for salary purposes is calculated by taking out the difference between the SBI Rate as on 1.4.2009 and the rate which is paid by the employee.
Can someone send a document certifying the SBI Rate as on 1.4.2009.

Regards
Satish
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chetan soni

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chetan soni (Expert)
27 August 2009 you can get the SBI lending rate on http://statebankofindia.com/#

go for interest rate page.
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satish prabhu

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satish prabhu (Querist)
27 August 2009 The interest rate on the website does not give the interest rate as on 1.4.2009
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