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कुसीदवृद्धिर्द्वैगुण्यं नात्येति सकृदाहृता । धान्ये सदे लवे वाह्ये नातिक्रामति पञ्चताम् ॥ १५१ ॥
In money transactions interest paid at one time (not by instalments) shall never exceed the double (of the principal); on grain, fruit, wool or hair, (and) beasts of burden it must not be more than five times (the original amount).
english translation
कृतानुसारादधिका व्यतिरिक्ता न सिध्यति । कुसीदपथमाहुस्तं पञ्चकं शतमर्हति ॥ १५२ ॥
Stipulated interest beyond the legal rate, being against (the law), cannot be recovered; they call that a usurious way (of lending); (the lender) is (in no case) entitled to (more than) five in the hundred.
english translation
नातिसांवत्सरीं वृद्धिं न चादृष्टां पुनर्हरेत् । चक्रवृद्धिः कालवृद्धिः कारिता कायिका च या ॥ १५३ ॥
Let him not take interest beyond the year, nor such as is unapproved, nor compound interest, periodical interest, stipulated interest, and corporal interest.
english translation
ऋणं दातुमशक्तो यः कर्तुमिच्छेत् पुनः क्रियाम् । स दत्त्वा निर्जितां वृद्धिं करणं परिवर्तयेत् ॥ १५४ ॥
He who, unable to pay a debt (at the fixed time), wishes to make a new contract, may renew the agreement, after paying the interest which is due.
english translation
अदर्शयित्वा तत्रैव हिरण्यं परिवर्तयेत् । यावती सम्भवेद् वृद्धिस्तावतीं दातुमर्हति ॥ १५५ ॥
If he cannot pay the money (due as interest), he may insert it in the renewed (agreement); he must pay as much interest as may be due.
english translation