A nidhi company, is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members.
They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. They are regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to them in matters relating to their deposit acceptance activities..
To make financial services easily available; to promote poverty alleviation through the development of a strong, sustainable economic infrastructure using financially sound market mechanisms.
It is having financial exchange / transaction arrangements and its management within the society members in accordance with the provisions of Section 406 of Companies Act 2013 and Companies (Nidhi Companies) Rules, 2014 governs The Law and Procedure for Nidhi Company..
The vision of TRUE WAVE NIDHI LIMITED is “Public prosperity” by offering financial services to all groups of people and offering equal opportunity to all...
Create the awareness about saving and value of the money so that they can change their life style. Our mission is to create an employee with loyalty, reliability and hard work. Our mission to change thought of public regarding their lifestyle and development.
Speak to a True Wave Nidhi Limited at: +91-9565147191
Pratappur Rupaipatti Padumpur Chowk Kamhriya Road Ambedkar Nagar U.P.- 224137