To accept deposit from the members of the Company under saving, Deposits, Fixed deposits,
Recurring Deposits and such other saving schemes that may from time to time be decided by the company.
RSABN Nidhi Limited is a mutual benefit Company carrying on the business of a non-banking financial institution. Mutual Benefit Companies Are Incorporated Under Indian Companies Act, 2013. It is a nonbanking financial company doing the business of lending and borrowing with its members or shareholders. The government has set up law for the Security of the deposit in the company to which the cradle is legally necessary.
The Company, right from the establishment has been following the principles of Trust and Guarantee of fairness and balance which remain the cause of our goodwill. In the current period of high speed banking and marketing and in the changing phenomena of banking pluralism, RSABN Nidhi Limited has been treading its way with an expected rapidity. RSABN Nidhi Limited serves each class of the society and has been totally free from the unethical rivalries.
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 within the stipulated norms issued by the Ministry of Corporate Affairs. The funds mobilized are utilized to a great extent for advancing of Gold Loans, Property Loans, & invest in Education Sector, Health Sector & in Real Estates.