WELCOME TO KTBF NIDHI LIMITED.,
Our company is registered under the companies Act 1956 (N0.1 of 1956) and the company is limited.
Our company started its business on 16-04-1996 with the blessings of the almighty and with the following founder members.
1. Dr.K.Baalakumaaravelu 2. Mr.K.R.Vijayarengan 3. Mr.A.Palaniappan.4. Mr.A.Kajahusain
5. Dr. S.Mohanakrishnan 6. Mr.S.Aranaganathan. 7. Mrs.V.Shanthi.8. Mrs.Malarvizhi. 9.Mr.B.Balakrishnan. 10. Mrs.S.Dhanalakshmi. And 11. Mr.S.Ramamoorthi.
The main objects for the company is established are,
1. To encourage and afford all facilities for cultivating thrift saving habit and to render all financial assistance to our members by receiving long term and short term deposits as allowed by law.
2. To lend grand loans to our members /shareholders on the security of immovable properties such as land and & buildings and movable properties such as Gold Silver Jewellary, deposits with our company (Fixed deposits ,Cumulative deposits Recurring deposits and alike deposits.) Kisan vikas patras, National saving certificates, Insurance policies and Government securities and on other securities as may be permitted by the regulatory Authorities of the Government of India from time to time and upon such terms and conditions including rate of interest as may from time to time be decided by the Board of Directors and sell
dispose off , transfer such securities as and when necessary.”
Satisfaction of the members is our first aim
The deposits mobilized from members are used only for issue of Gold loan. Therefore the deposits invested with us are safe and secure. We maintain cash reserve in Commercial Banks as per the NIDHI rules.
Our Registered office is at KODAVASAL. At present we are serving to our members through eleven branches.
1.Kodavasal main branch.
2.Eravanchery.
3.Thiruvarur.
4.Kumbakonam.
5.Koradachery.
6.Valangaiman.
7.Mannarkudi.
8.Nannilam.
9.Manapparai.
10. Thanjavur
11. Thiruverumbur
12. Virugambakkam
We have got permission from the authorities to open one more branches at,
1. Erode