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Nidhi Company

  1.  Main Objectives of Nidhi Company

  • Savings – Nidhi Company Opens saving Account of its member, similar to a bank and Promoting the habit of saving money among Members.
  • Loan – Nidhi Company only lends to its members
  • Ease of Fund - Nidhi is the safest and the cheapest way of raising funds from the General public (just by registering them as members).
  • Micro Banking – Provides Rural banking services to the remote population of the nation which is still devoid of national banks and NBFCs.