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Interest rate.

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(Querist)
28 October 2012 Hi,
can anybody please tell me about the interest to be paid to the directors on the loan given by them to the company.??
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
28 October 2012 Normally it will be 3% more than the SBI Rate of interest for deposits.
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SUMIT PRALHADBHAI GOSWAMI

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SUMIT PRALHADBHAI GOSWAMI (Querist)
12 January 2013 Your message proved helpful to me. actually your message I had received 2 months ago but forgot to thank..
Thank you sir.!
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