RBI Rules: Deposit can pay more than 12.5% as return, Become Illegal.


Under RBI (Reserve Bank Of India) rules, no deposit can pay more than 12.5% as return. 

Which means schemes of almost all companies become illegal.



The maximum interest rate that an NBFC can pay to a depositor should not exceed 12.5 %.


The RBI keeps altering the interest rates depending on the macro-economic environment. The RBI publishes the change in the interest rates on www.rbi.org.in
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