Private money lender licence

Arup Kumar (Querist) 18 July 2015 This query is : Resolved
Dear sir,
Please guide me for obtain Money Lending License in West Bengal . What are the rules and formalities for the same.

Awaiting for response.

With regards

ARUP KUMAR
PURULIA,WEST BENGAL, INDIA
MOBILE: 8798116412

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R.K Nanda (Expert) 18 July 2015
consult local lawyer.

Rajendra K Goyal (Expert) 18 July 2015
Consult local lawyer and get the procedure in view of the local law. A large no. of restrictions has also been laid in lending money and collecting deposits by RBI which also need to be observed.

Arup Kumar (Querist) 18 July 2015
Thanks for response sir.

Arup Kumar (Querist) 18 July 2015
Sir, I want to start private money lending business as Microfinance in West Bengal. Please guide me. I have only 2 lac. Can I start microfinance?

M/s. Y-not legal services (Expert) 18 July 2015
for this only our team guided you as consult your local lawyer..

-M/s.Y-not legal services-

Arup Kumar (Querist) 19 July 2015
Thanks sir

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