Loans.
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....- (a) two lakh rupees, where the total amount of deposits of such Nidhi from its members is less than two crore rupees; (b) seven lakh fifty thousand rupees, where the total amount of deposits of such Nidhi from its members is more than two crore rupees but less than twenty crore rupees; (c) twelve lakh rupees, where the total amount of deposits of such Nidhi from its me....
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....l give loans to its members only against the following securities, namely:- (a) gold, silver and jewellery: Provided that the re-payment period of such loan shall not exceed one year. (b) immovable property: Provided that the total loans against immovable property [excluding mortgage loans granted on the security of property by registered mortgage, being a regis....
TaxTMI