Loan


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Querist : Anonymous

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Querist : Anonymous (Querist)
06 October 2017 I am a private vehicle financier providing loan to customers by hire purchase agreement. I want to know whether i can receive the instalments every month in cash or not? I make payment by cheque only.

RAJA P M (Expert)
06 October 2017 Yes...
You can received if less than 10k... But, It's not advisable, So, You ll be receive as Bank payment....

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 October 2017 This 10,000/- limit is for whole year or one instalment.


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