Rate of interest for private loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 August 2014
Iam giving loan to one of my friend , what minimum interest rate I can show on loan in my return
Nikhil Kaushik
(Expert)
14 August 2014
ZERO. That is the minimum rate you can show.
Rupesh Jain
(Expert)
14 August 2014
there is not rule for that.
CA UMESH DULAL
(Expert)
14 August 2014
It is up to you to decide at what rate you want to give.
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