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(Guest)

In Delhi,how to do the business of money lending legally ?

 

But I have come to know that I need to have some Money lender License if I want to do this business legally. And some one told me that there is some ceiling upon interest charged /what is that cieling ? What is the truth? How to start this business in a leglize way ? How to get that License and what should be the maximum legal rate of interest? Please answer. Thank you all in advance.



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 1 Replies


(Guest)

 Dear,

for money laundering permission u have to visit the regional office of Reserve Bank of India and complete necessary formalities. all information abt ur query u will get at RBI

 

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