TNPSC Thervupettagam

Tamil Nadu Usury Complaints Portal

April 16 , 2026 12 hrs 0 min 15 0
  • The Government of Tamil Nadu launched an online portal for victims of usury to file complaints.
  • The portal is created under the Tamil Nadu Money Lending Entities (Prevention of Coercive Actions) Act, 2025.
  • It aims to regulate money lending and prevent coercive, unfair, and illegal recovery practices.
  • The portal provides services like registration, renewal, filings, and grievance redressal.
  • It protects borrowers such as farmers, women, and self-help groups from illegal moneylenders.
  • Coercive actions can lead to punishment up to 5 years imprisonment or 5 lakh fine or both.

 

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories