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Change the perk interest rate -Payroll

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Dear Team,

My client pay the interest free loans (Car or personal loan) i.e. zero interest, due to this perk are generated. The perk interest rate is decided by the government or generally interest rate equivalents to bank rate. Client would like to change the rate of interest.

 

My question is where & how to change the perk interest rate?

 

 

Thank you in advance.

 

Regards,

Rakesh


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