Nidhi alternate to Bank 1

Nidhi Company

Nidhi means a treasure, where money has been borrowed from its Members by way of issuing Fixed Deposit (FD), RD, Savings accounts etc. In India, to start the Nidhi Business is very easy and no need to take any License from Reserve Bank of India (RBI).  Nidhi business is popular in few States Like Tamilnadu, AP, …

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