Welcome to INGIT MUTUAL BENEFIT NIDHI LTD.

INGIT MUTUAL BENEFIT NIDHI LIMITED comes under one class of NBFCs, Reserve Bank of India (RBI) is empowered to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that Nidhi deal with their shareholder-members only, Reserve Bank of India (RBI) has exempted the notified Nidhi from the core provisions of the Reserve Bank of India (RBI) Act and other directions applicable to NBFCs. Nidhi in the Indian context / language means "treasure".
However, in the Indian financial sector it refers to any mutual benefit society notified by the Central / Union Government as a Nidhi Company. They are created mainly for cultivating the habit of thrift and savings amongst its members. The companies doing Nidhi business, viz. borrowing from members and lending to members only, are known under different names such as Nidhi, Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. Nidhi is a mutual benefit society, because their dealings are restricted only...

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Our Scheme

Reccuring Deposit

A Reccuring deposit (RD) is a financial instrument provided by Indian banks which provides investors with a higher rate of interest. >>Read More

Fixed Deposit

A fixed deposit (FD) is a financial instrument provided by Indian banks which provides investors with a higher rate of interest. >>Read More

Daily Deposit Scheme

Daily Deposit Scheme is a monetary deposit scheme introduced to help daily wage earners, small traders, to inculcate saving habits. >>Read More

Monthly Income Scheme

Monthly Income Plan is a traditional participating product, which provides deferred regular income to the customer for 15 years. >>Read More