What is the subhead for the interest accrued in the company's balance sheet whether interest is due or not on borrowings?

Other current liabilities

The correct answer is option 3- Other current liabilities.

Interest accrued but not due on loan should be included under the head current liabilities as it is an obligation on the part of the company and has to be met within a period of 12 months and hence will be regarded as a current liability under the subhead of other current liabilities.