Vaibhav Nidhi India Limited

Vaibhav Nidhi India Limited is a Non-Banking Financial Company (NBFC) registered under the Companies Act, 2013, with its operations governed by the Nidhi Rules, 2014. The company's primary objective is to cultivate the habit of thrift and savings among its members, receiving deposits from and lending to its members only, for their mutual benefit. It offers a variety of financial products similar to traditional banks, including fixed deposits, recurring deposits, savings accounts, and secured loans (such as gold loans and loans against property), all within the regulatory framework established by the Ministry of Corporate Affairs (MCA), India.