Umavasudev Nidhi Limited is a unique kind of financial institution which is duly approved by the government of India, ministry of corporate affairs as Nidhi Company under section 620-A of the companies act.
Nidhi in the Indian context / language means "treasure". However, in the Indian financial sector it refers to any mutual benefit society notified by the Central / Union Government as a Nidhi Company. They are created mainly for cultivating the habit of thrift and savings amongst its members. The companies doing Nidhi Business, viz. borrowing from members and lending to members only, are known under different names such as Nidhi, Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company.
We are a Nidhi company incorporated under the Companies Act 2013 & regulated by Ministry of Corporate Affairs, Government of India. The main objective of Umavasudev Nidhi Limited is to cultivate the habit of thrift and savings among its members & receiving deposits from, and lending to, members only, for their mutual benefit.
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12
+ Years Experience
10000
Happy clients
40
40+ Branches
11
11+ States
Umavasudev Nidhi Limited’s mission is to offer quality financial services which meet the needs of its members and company’s service area; and to earn the trust and confidence of all stakeholders, exceeding their expectations and making the Umavasudev Nidhi Limited a renowned financial choice.
Mission
Umavasudev Nidhi Limited is amongst the fastest growing Nidhi companies in the country. As a young & dynamic company with a youthful & enthusiastic team, Umavasudev Nidhi Limited is determined to accomplish its vision of becoming a major regional financial institution in the near future.
Vision