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Know about UAR Nidhi

UAR nidhi company, it is a blooming non banking finance company in Chennai city. It instigate with three directors and four stockholders’ with the preliminary capital amount.The term NIDHI (National Initiative for Development and Harnessing Innovations) Accordingly, a Nidhi Company is a perfect lawful element to take a “deposit from and loan to” a particular gathering of members. It’s acting business operation accepting deposits in the method of fixed deposits, lending loan against tangibles assets within its members. Accepting deposit in many saving scheme in reasonable rates of interest and lend generally secured as per the need.

Nidhi Finance India are Non-Banking Financial Companies (NBFCs) which are registered under the Companies Act, 2013 and regulated by the Reserve Bank of India (RBI). UAR Nidhi Limited” registered under Companies Act 2013 and notified Nidhi Rule 2014, as a Nidhi company by Central Government under Section 406 of Companies Act.

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