A Member-Based Nidhi Company operating under the Companies Act, 2013 — promoting thrift, savings and secured lending among its members.
Member-Centric Financial Institution
Heavy Nidhi Limited operates as a Nidhi Company under applicable provisions of the Companies Act, 2013 and Nidhi Rules. The company promotes a culture of savings and mutual financial support among its registered members.
Its primary objective is to accept deposits from and lend to its members only, in accordance with statutory regulations and internal governance policies.
Core Activities
Deposit Mobilization
Acceptance of deposits exclusively from registered members under prescribed regulatory limits.
Secured Lending
Provision of secured loans to members against approved collateral categories.
Mutual Benefit Model
Encouraging financial discipline, thrift and internal capital circulation among members.
Regulatory Compliance
Adherence to Nidhi Rules, statutory filings and corporate governance standards.
Governance & Compliance Framework
Heavy Nidhi Limited maintains statutory compliance through regular filings, board oversight and internal documentation controls. Lending policies, deposit limits and capital adequacy norms are governed strictly in accordance with regulatory guidelines.
The company functions solely for the benefit of its members and does not operate as a public deposit-taking institution.
Regulatory Note: Heavy Nidhi Limited operates as a Nidhi Company under the Companies Act, 2013. Deposits are accepted from and loans are granted to members only, subject to regulatory conditions.
Institutional Vision
Heavy Nidhi Limited aims to build a stable and compliant member-based financial ecosystem that strengthens savings habits and responsible borrowing practices.
Through structured governance and disciplined financial management, the company seeks long-term sustainability within the Nidhi framework.
