Posts with Tag "employer loans"

Official Interest Rate Change for Employer Loans

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The Reserve Bank has announced a second consecutive hike of the repurchase rate (repo rate). This blog post contains all of the important information you need to know.

Interest Rate Change for Employer Loans

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As a result of the latest repo rate change, the official interest rate for employer loans will change effective 1 June 2020.

Interest Rate Change for Employer Loans

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The repo rate has decreased by 100 basis points, resulting in the official interest rate for employer loans changing to 6.25%.

Interest Rate Change for Employer Loans

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The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.25%.

Interest Rate Change for Employer Loans

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The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.5%.

Interest Rate Change for Employer Loans

    1 minute read    

A change in the repo rate results in a change in the fringe benefit interest rate for low or interest free employer loans to employees.