Mazhil Nidhi Limited , Incorporated under company act 2013, under Nidhi Rules 2014, by the innovative leadership of inspired professionals in this revolutionary market trend. A company declared as a Nidhi (NBFC) under section 7 of the Companies Act, 2013. Nidhi have many features which make them stand distinctly apart from many other Non-Banking financial institutions who are working under the guide line of R.B.I
The Company, right from the beginning has been following the principles of Trust and Guarantee of fairness and balance which remain the cause of our goodwill. We are being governed by the Ministry of Corporate Affairs, Government of India. The heritage of our company speaks itself for its strength, financial conduct and discipline among the people. Our Company has truly bridged the chasm between promise and performance. We accept deposits from our Members/shareholders within the stipulated norms issued by the Ministry of Corporate Affairs.
Mazhil Nidhi Limited, we are committed to helping promote economic growth and economic inclusion through our key philanthropic initiatives in the areas of workforce readiness, small business development and financial capability. Our investments aim to increase the number of quality jobs created for the underserved individuals and communities, helping small businesses become more sustainable, as well as assisting marginalized people in gaining access to affordable financial products so that they can become more financially secure.
The vision of Mazhil 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 society is to create self sufficient sustainable ecosystem of members through co-operation. To enable financial inclusion by providing affordable financial services to the under-privileged and socially excluded community, and inculcate the savings habit among the common man through innovative low cost financial products and services using co-operative principles, self-help and mutual aid.
The Primary objective of our institution is to cultivate the habit of savings among our members. Our first and foremost aim is satisfy our members and create mutuality among them Mazhil Nidhi Limited is fully financial services company.