Nidhi are mutual benefit societies, because their dealings are restricted only to the members; and membership is limited to individuals.
The principal source of funds is the contribution from the members. The loans are given to the members at relatively reasonable rates for purposes such as house construction or repairs and are generally secured. The deposits mobilized by Nidhis are not much when compared to the organized banking sector.
CVK PARIVAAR NIDHI LIMITED is one of the India’s leading company, working in under the guidelines of Ministry of Corporation Affairs (MCA) and Government of India, Nidhi Company's financial activities are governed by the Company Act, from which our CVK PARIVAAR NIDHI LIMITED is registered under the Act and CIN Number is U67190GJ2017PLC097225.