What is the maximum interest rate a Nidhi Company can offer on deposits?

What is the maximum interest rate a Nidhi Company can offer on deposits?

The maximum interest rate a Nidhi Company can offer on deposits must equal to the rate of interest offered by NBFC which is currently 11.00%. Further, in case of saving account, the maximum Interest rate can be 2% more than a nationalized bank is offering.


Visit HireCA.com Now