Welcome To Seva Parmodharmah Nidhi
Seva Parmodharmah Nidhi has the rules and objectives of that are the same as a bank, but it is only in effect to someone (members group) who has agreed or joined this agreement, as a bank, but to do business for Its Member only. So, if the term is a quasi-bank, I think that the rules and objectives of that are the same as the commercial bank, but this thing are only in effect to someone (members group) who has agree/join on this agreement. If a bank, but not the one honored to do business for public. The way we provide service to our members is far better than others and we are trying to make it much better as our aim is to provide extreme level service to people as well as to our nation. Providing a world class financial support, Seva Parmodharmah Nidhi is continuously securing the society, we live in; on the other side, creating all new service method spontaneously Seva Parmodharmah Nidhi is presenting a pleasant way which will help human being to lead the life comfortably. In a word we can say that Seva Parmodharmah Nidhi is the "New Way of Your Savings.
What is Nidhi Company ?
Nidhi Company in Governed by Section 406 of the Companies Act, 2013 and Company Nidhi Rules, 2014. The Company is incorporated as a Public Company.
As per Section 406, “Nidhi” means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and saving amongst its members, receiving deposit from, and lending to, its members only, for their mutual benefit.