In the Indian financial sector, it applies to any mutual benefit society notified as a Nidhi Company by the Central / Union Government. They are produced primarily for the purpose of cultivating the habit of treachery and saving among its members. Companies doing business with Nidhi, viz. Borrowing from members and lending only to members is classified under various names such as Financial, Permanent Fund, Benefit Funds, Mutual Benefit Funds, and Mutual Benefit Company. Finance is a society of mutual benefit since their dealings are limited.
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Our Scheme
Recurring Deposit
A Recurring Deposit (RD) is a financial instrument offered by Indian banks that provides investors with higher interest rates
Fixed Deposit
A fixed deposit (FD) is a financial instrument offered by Indian banks that provides investors with higher interest rates.
Daily Deposit
Daily Deposit Scheme is a monetary deposit scheme launched to help day-to-day wage earners, small traders, inculcate saving habits.
Monthly Income
Monthly Income Plan is a conventional participating program that provides the consumer with deferred monthly income