Atha utthamarna:
adhamarnaadyathaa datthamartham gruhneeyaath
dvikam thrikam chathushkam panchakam cha
satham prathimaasam
The loans can be given and taken between borrower and lender. Generally charged interest rates are 2, 3, 4, or 5% per month.Sa paadapanaa dharmyaa maasavruddhi:
panassathasya panchapanaa vyaavaharikee
Reasonable (dharmic) rate of interest is 1.25% per month (i.e 15% per annum) on the transactions with common man for non commercial purposes. But for commercial purposes (for making profit out of it) interest rate can be 5% per month.]]>Recent Posts
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