What conditions must be met by members of the Nidhi Company to obtain a loan? – Suvarna Laxmi Nidhi Ltd

x

S U V A R N A L A X M I

Get upto 11.25%* on our Fixed Deposit.

The member must have completed at least six months of membership.
The loan amount is limited to a certain percentage of the member’s deposits.
The member must provide adequate security or collateral for the loan.

Who is eligible to become a shareholder/member of a Nidhi Company?

How does the Nidhi Company use the funds it receives?

admin