Frequently Asked Questions

A Nidhi Company is a type of Non-Banking Financial Company (NBFC) recognized under Section 406 of the Companies Act 2013. It is formed to cultivate the habit of thrift and savings among its members.

To become a member, visit our nearest branch with your Aadhaar card, PAN card, and passport-size photos. Our staff will help you complete the registration process.

Yes! Nidhi Companies are regulated by the Ministry of Corporate Affairs, Government of India. Your savings are used only for lending to other members within the company.

RD is a savings scheme where you deposit a fixed amount every month for a fixed tenure and earn interest. At maturity, you get back your principal plus interest.

You can start an RD with as low as ₹500 per month. Higher installments earn better returns.

Premature withdrawal is allowed after a lock-in period, but a penalty may be charged on the interest earned.

FD is an investment where you deposit a lump sum for a fixed period and earn interest. At maturity, you receive principal plus interest.

We offer FD tenures from 6 months to 10 years. Longer tenure generally earns higher interest rates.

MIS is an FD variant where interest is paid monthly to your account, providing regular income. Principal is returned at maturity.

Any active member of our Nidhi Company who has been a member for at least 3-6 months is eligible to apply for a loan.

You need Aadhaar card, PAN card, address proof, income proof, and 2 passport-size photos. Additional documents may be required based on loan type.

Most loans are processed within 3-7 working days after submission of complete documents. Emergency loans may be processed faster.