Upgrad LLM

bombay moneylenders act


hello,

Am running retail gold jewellery store in mumbai and now i wish to start providing loan against gold by acquiring money lenders license.

Can anyone tell me what is the the maximum rate of interest that could be charged on gold loan as per the moneylenders act.

thank you

 
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POWER OF DEFENSE IS IMMENSE

you will be earning interest so pay some money to legal adviser for proper advise.

 
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We want to form public unlisted company. Kindly guide us procedure for the registration &  fund rising related documentation procedures.

 
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Can an LLP or Pvt. Ltd. obtain moneylenders liscence under its name.

 
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yes, there is procedure to apply for license in maharashtra, feel free to call on 9850504350 for querries.

 
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POWER OF DEFENSE IS IMMENSE

Any legal entity can seek and get money lenders liesence.

 
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