Register Nidhi Company in Rs. 16,999 (All Inc.)
Q. What is the maximum interest rate that can be charged by Nidhi Company on loans?
Paras Mehra February 10, 2017 997 Views
A Nidhi Company can charge 7.5% more than it is paying on deposits. E.g. If Nidhi Company is paying 11% on Fixed Deposits, then maximum interest rate on loan can be charged at 18.5%.
Nidhi Company Registration Rs.16,999 (All Inc.)
