Secure Your Financial Future with Trust

As a Nidhi company, our primary business is borrowing from and lending to our members, as per Section 406 of the Companies Act, 2013 and Nidhi Rules, 2014. Our authorized activities include:

• Accepting deposits from members in the form of fixed deposits, recurring deposits, and savings accounts.
• Granting loans to members against security of immovable property, gold, or personal surety.
• Investing in government securities, bonds, and other approved instruments to manage liquidity.
• Conducting financial literacy programs and member welfare activities.
• Issuing equity shares to members as per regulatory limits.

We are prohibited from engaging in chit funds, leasing, insurance, or capital market activities. Our geographical operations are focused in Maharashtra, with plans to expand to neighboring states after regulatory approvals.

Compliance is at our core: we file regular returns with the Registrar of Companies, maintain required net owned funds, and adhere to prudential norms on lending. Our internal audit team ensures robust governance, and we are rated 'Stable' by independent credit assessors.

Key financial highlights as of March 2024: Total deposits: ₹42.5 crores, Total loans disbursed: ₹38.2 crores, Member base: 5,200+, Net NPA: 0.8%, Capital adequacy ratio: 18.3%. These figures demonstrate our healthy growth and risk management.

We are registered with the Ministry of Corporate Affairs (MCA) and hold a valid Certificate of Registration. Our PAN is AAFCG1234M, and GSTIN is 27AAFCG1234M1Z5. We comply with KYC norms as per RBI guidelines and use secure banking channels for transactions.

Our business model emphasizes sustainability: we limit exposure to single borrowers, diversify investments, and maintain a contingency fund for unforeseen events. Technology upgrades are ongoing to enhance cybersecurity and service delivery.