Micro Finance
Nidhi Company, is the one of non banking Indian Finance sector and acknowledged under area 620A of the Business Act, 1956. Their primary business is providing and obtaining money only between their members.
You can do monetary business like collecting deposits from members in type of taken care of deposit, recurring deposit, open savings accounts of members and disperse loans to members(individual, properly, home mortgage, jewellery, gold, vehicle and so on) Nidhis are more popular in South India and are extremely localized single workplace institutions.They are mutual advantage societies, because their dealings are limited just to the members; and subscription is restricted to individuals. The principal source of funds is contribution from the members. The loans are provided to the members at relatively sensible rates for functions such as home building or repairs and are usually secured.
Address:Crystal Vision,45B,Hasanpur Main Road,1st Floor,I.P.Extension,Patparganj,Delhi-110092.
Contact:011–43557608, 7838272423, 9711105597, 01122235922