To carry on the business of all kinds and descriptions as may be permitted to be carried by Nidhi Companies in terms of the provisions of the Companies Act, 2013 and rules made there under and to encourage, afford all facilities for cultivating thrift, savings habits and to render all financial assistance to its members, to receive, accept or collect savings or money from its members of all categories as deposits i.e. Fixed Deposit (F.D), Recurring Deposit (R.D), Monthly Income Scheme (MIS), Term Deposit (T.D) under various schemes formulated from time to time by the company and to provide Interest or benefit on the Deposits, as is fit for and beneficial to the company and to the members as per the rules & regulation or guideline of Reserve Bank of India(RBI), Ministry of Corporate Affairs and Regulatory Authority on NBFC or NIDHI.
We accept deposits from our members/shareholders within the stipulated norms issued by the Ministry of Corporate Affairs. The funds mobilized are utilized to a great extent for advancing of Gold Loans, Property Loans, & invest in Education Sector, Health Sector & in Real Estates, Kisan Vikas Patra, National Saving certificate Schemes. Thus, the funds are fully secured and therefore the investments with us are in very safer havens. We believe that the success of business comes from each individual's creativity and team work.
