24. Repayment of public deposits by a non-banking financial company not being a problem non-banking financial company

Subject to the provisions contained in paragraph 23, a non-banking financial company not being a problem Non-Banking Financial Company may,

(i) permit premature repayment of a public deposit at its sole discretion:

Provided such non-banking financial company shall, if so permitted by the terms and conditions of acceptance of such deposit, repay it prematurely at the request of the depositor, after the expiry of three months from the date of deposit;

(ii) grant a loan up to seventy-five percent of the amount of public deposit to a depositor after the expiry of three months from the date of deposit at a rate of interest two percentage points above the interest rate payable on the deposit.