Lending money
Samrat Karar (111 Points)
12 June 2018
Is it legal for an individual to lend money to others, at an interest rate, in India ?
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195029 Points)
Replied 12 June 2018
Yes, if its not your business and just investment....
Samrat Karar
(111 Points)
Replied 12 June 2018
Can I make agreement mentioning interest and is it legal? Can I move to coart in future with it if any wrong situation happen?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195029 Points)
Replied 13 June 2018
Yes
But it should not be your business .....
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