Membership
Suvarna Laxmi Nidhi Limited’s policy is based on a borrowing and lending model where members deposits their money for specific period of time and also take secured loans against their deposits or against gold/property etc.
Saving Accounts
The main objective of company is to cultivate the habit of thrift and savings among its members & receiving deposits from, and lending to, members only, for their mutual benefit.
Fixed Deposit
A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
WELCOME TO SUVARNA LAXMI NIDHI LTD.
Section 406 of the Companies Act of 2013 and the Companies (Nidhi Companies) Rules of 2014 is comprising of all the provisions which are in relation to the “incorporation and governance of the Nidhi Companies in India”.
The guidelines and directives for the Nidhi Companies are also issued by the RBI. These are mainly related to financial activities and investments by companies including the NBFCs.
Because of “Nidhi Companies” being engaged in the business of deposits and loans by it’s members only, certain exemptions have been provided to these companies, by the RBI.
The interest charged on the loans under a Nidhi Company is quite reasonable. The purposes these are sought for, includes, manufacturing/renovation of houses or child’s education, etc. The loans are provided against security only.
Contact us for information or any queries related to FINANCIAL NEEDS
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Mithun Samala
– Banker
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Mithun Samala
– Banker
Contact us for information or any queries related to FINANCIAL NEEDS