loan
This query is : Resolved
24 March 2009
hi all of u
can any one tell me that what is the limit of loan & advances in cash.
I want to give loan any one by cash.
please tell me the limit
thanks
mukesh kumar
can any one tell me that what is the limit of loan & advances in cash.
I want to give loan any one by cash.
please tell me the limit
thanks
mukesh kumar
24 March 2009
Rs. 20,000.
24 March 2009
as per sec 269SS & 269T one cannot give loan more than Rs. 20000 in cash
Message likes :
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25 March 2009
thanks
29 March 2009
Loan Amount exceeding Rs.20000/- can not be given by cash .It has to be by a crossed cheque or DD.
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