Welcome ToNichlaul Vikash Nidhi Ltd.
Nichlaul Vikash Nidhi Ltd. being a company registered under the Companies Act 2013, it
automatically comes under the supervision of the MCA. Also being registered under the Company Act 2013.
Main objective is to encourage and afford all facilities for cultivating thrift ,saving habits and to
render all financial assistance to its member only by receiving long and short term deposits and in
particular recurring ,fixed and other deposits, not being current accounts from the members as are allowed
by law for Nidhi 01 Mutual Benefits Companies, and to grant loans to the members only as against
securities of immovable properties (within City) and or on the security of deposits, movable such as gold,
silver, jewellery, Kisan Vikas Patra, National Saving Certificates Scheme, insurance policies and other
Government securities up on such terms and condition as may from time to time prescribed in law for Nidhi
or Mutual Benefits Companies.
A company declared as a Nidhi or Mutual Benefit Society registered under the section 406 of the Companies
Act, 2013. Nidhi is have many features which make them stand distinctly apart from many other Non-Banking
financial company who are working under the guideline of R.B.I