(n) Law prevailing in the land fix the upper interest rate chargeable on debt instruments. If the interest rate charged on a debt exceeds this limit, it is called Usury. Usury payment cannot be enforced by law
(n) Law prevailing in the land fix the upper interest rate chargeable on debt instruments. If the interest rate charged on a debt exceeds this limit, it is called Usury. Usury payment cannot be enforced by law