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A Nidhi Company

"A NIDHI Company can be defined as a Company By the Members, For the Members and To the Members."

A Nidhi Company is A Company Incorporated Under Section 620 A Of the Indian Companies Act 1956 U/S 406 of the Companies Act 2013.

The Primary object of our institution is to cultivate the habit of savings among our members.

Approved by Both The Houses Of The Parliament by notifying it in the official gazette of the Central Government.

Establishment of TBF

Our Nidhi Company was established on 29 th August 1993 in the Temple City of Kumbakonam, with the blessings of 

Dr. M.S. Udayamurthi

Makkal Sakthi Movement Founder

S.R.G. Renganathan Chettiar

President of KMBF Limited

Sri P. Vaidhyanathan

Chairman

Integrated  Enterprises (India) Ltd,

Sri. Ramasubramanian

President 

Madurai Permanent Fund Limited

Along with our Founder Members and Board of Directors 

38

Branches

186

Employees

550

Crores

64965

Members

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Mutuality

Our first and foremost aim is to satisfy our members and  create mutuality among themselves. 

Security

The funds are fully secured and therefore the investments with us are in very safer havens.

Deposits

We accept deposits from our shareholders within the stipulated norms issued by the Ministry of Corporate Affairs. 

Gold Loans

The funds mobilized are utilized to a great extent for advance of Gold Loans.