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Section 8: Display of rates of interest charged by MFIs

The Andhra Pradesh Micro Finance Institutions (Regulation of Money Lending) Act, 2011State Act of Andhra Pradesh · Act 1 of 2011

(1) All MFIs shall display the rates of interest charged by them in a conspicuous place in their premises in bold letters visible to the members of the public.

(2) No MFI shall charge any other amount from the borrower except any charge prescribed in the rules for submission of an application for grant of a loan.

Where this provision sits

ActThe Andhra Pradesh Micro Finance Institutions (Regulation of Money Lending) Act, 2011
Section8
Marginal noteDisplay of rates of interest charged by MFIs
JurisdictionState of Andhra Pradesh
StatusIn force as published by the source

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