Bare ActsThe Kerala Banning of Unregulated Deposit Schemes Rules

Section 3

Ceiling for self-help groups

Amendment status not verified — confirm the current text below against the official source.

Ceiling for self-help groups.- Where periodic payments or any amount made by the members of self help groups operating with ceiling, the ceiling per transaction of member of self help groups for deposit shall be Rs.7,00,000/- (Rupees Seven Lakhs Only) per annum.

Section 3 – The Kerala Banning of Unregulated Deposit Schemes Rules | DailyLaw.ai