About us
Janota India Nidhi is committed to create wealth for its patrons!
Janota Nidhi was incorporated and declared the Central Government of India in the year of 2023. Janota Nidhi ltd. is in compliance with all statutory requirements and regulation issued by Reserve Bank of India. Bandhab Nidhi Companies are NBFC but they have been exempted from the requirements of registration under section 45-1A of the R.B.I. Act, 1934. Subject to certain condition, Bandhab Nidhi Companies are regulated by Ministry of Corporate Affairs Government of India Companies that do financial business but regulated by other regulators are given specific exemption by the Reserve Bank from its regulatory requirements for avoiding duality of regulation . Bandhab Nidhi means a Company which has been incorporate as a Nidhi with the object of cultivating the habit of Thrift and Savings amongst its members receiving deposit and lending to its members only.
Our main object is to encourage and afford all facilities for cultivating thrift, savings habits and to render all, financial assistance to its member-only by receiving long and short term deposits,