Financial Services - Salem, Tamil Nadu, India
SUNDHUJA INDIA VENTREK PLUS NIDHI LIMITED, one of the leading Nidhi Companies in TamilNadu(Salem).Recognized under section 406 of the Indian companies act 2013 and approved by both the houses of the parliament by notifying in the official gazette of the Central Government. The object of the Company 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 lend, grant loans to them as are allowed by law for Nidhi or Mutual Benefits Companies.Like all financial institutions, we comply with all necessary operating guidelines such as, Capital Adequacy, Statutory Liquidity Ratio and Asset Classification and Income Recognition. We offer attractive interest rates for all types of deposits. We can lend only against a security of gold, against our fixed deposits, LIC policies, government securities / bonds and property mortgage loans. The Central Government may by notification direct any of the provision of this Act shall not apply of shall apply with some exceptions, modifications and adaptation specified in the notification to any Nidhi company. SUNDHUJA INDIA VENTREK PLUS NIDHI LIMITED founding members and is currently operational in the state of TamilNadu. The NIDHI is backed with members from variety of backgrounds, community, social status and age group, making it one of the most versatile organizations currently functional. SUNDHUJA INDIA VENTREK PLUS NIDHI LIMITED is "public prosperity" by offering financial services to all groups of people and offering equal opportunity to all, to live an improved life by financial enablement and empowerment. The mission of the NIDHI is to create self sufficient sustainable ecosystem of members through Investment, the NIDHI is to enable financial inclusion by providing affordable financial services to the under – privileged and socially excluded community, and inculcate the saving habit among the common man through innovative low cast financial products and services using NIDHI's regulations. The NIDHI is authorized by its laws to accept deposits from its members under different schemes, from saving account to term deposits like daily deposit, monthly deposit and fixed deposits. The deposit schemes are designed to deliver maximum value to its members, offering attractive rate of interest along-with other benefits. The NIDHI's rate of interest is among the best rates offered in the industry in comparison to nationalized banks, financial institutions and other co – operative societies, making it the preferred choice of investment by members.