CA Rohit Jain
(Practice)
(1865 Points)
Replied 31 May 2016
No you can't receive amount more than Rs 20000 as loan in cash
CA Rohit Jain
(Practice)
(1865 Points)
Replied 31 May 2016
Sorry maximum amount one can lend or borrow in cash is Rs 20000. Any amount more than that should be routed through banking channel
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