Lending money

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Is it legal for an individual to lend money to others, at an interest rate, in India ?
Replies (3)

Yes, if its not your business and just investment....

note-on-registration-of-money-lender-license

Can I make agreement mentioning interest and is it legal? Can I move to coart in future with it if any wrong situation happen?

Yes

But it should not be your business .....


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