Nidhi Company, is the among non banking Indian Financing sector and acknowledged under area 620A of the Companies Act, 1956. Their primary company is borrowing and providing cash only between their members. The companies doing Nidhi business, viz. borrowing from members and lending to members just, are understood under different names such as Nidhi, Permanent Fund, Advantage Funds, Mutual Benefit Funds and Mutual Benefit Business.
You can do financial company like gathering deposits from members in kind of taken care of deposit, repeating deposit, open savings accounts of members and distribute loans to members(personal, effectively, home mortgage, jewellery, gold, vehicle and so on) Nidhis are more popular in South India and are extremely localized single office institutions.They are shared benefit societies, since their transactions are limited just to the members; and subscription is limited to people. The primary source of funds is contribution from the members. The loans are provided to the members at relatively affordable rates for functions such as house construction or repairs and are normally secured.
Address:Crystal Vision,45B,Hasanpur Main Road,1st Floor,I.P.Extension,Patparganj,Delhi-110092.
Contact:011-43557608, 7838272423, 9711105597, 01122235922
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