RRUT NIDHI COMPANY Registered under Companies Act 2013(CIN NO: U65990DL2020PLN373816) Nidhi Companies are regulated by Ministry of Corporate Affairs, Government of India. Companies that do financial business but are regulated by other regulators are given specific exemption by the Reserve Bank from its regulatory requirements for avoiding duality of regulation.
Rules made there under and to encourage afford all facilities for cultivating thrift, saving habits to make their Business Capitals for Income Resource and to render all Financial Assistance to its Members only to receive, accept or collects saving or money from its members of all categories as deposits Fixed deposits (FD), Recurring Deposits (R.D), Monthly Installment Scheme (MIS) , Term Deposit (T.D) under various scheme formulated from time to time by company and to provide interest or benefit on the deposits, as is fit for and beneficial to the company and to the members as per the rules & regulations or guidelines of Reserve Bank of India (RBI), Ministry of corporate affairs and regulatory authority on NBFC or NIDHI.
Our holistic approach is to ‘help people help themselves’ by traditionally making the disadvantaged self-reliant and enabling them to lead a life of dignity. This philosophy lays the foundation for our programs so that they have the buy-in of the entire community and are hence sustainable and effective.
We work with and through people that have a passion and intended purpose but are strapped for funds, education, encouragement, etc. We will help such people with not just funding but also capacity building, systems, and planning so that they are able to continue their work even after the duration of our financial support. Our all-embracing approach ensures that through the programs we support, we reach out to diverse target groups that include children, women, men, the elderly, and the disabled and rural communities from the marginalized sections of society. Our strengths in institution building, management support, monitoring, and comprehensive evaluation make our projects scalable and sustainable.
To create a bank in which any member (account holder) gets all the facilities at his house without any service charge. Members of this bank do not need to go anywhere else for financial work.
Creating a bank that is not just a bank is like a family. The member (account holder) of this bank should get the correct value of his money. These banks will meet the target of creating one Lakh account holders in just one year, breaking the record of all banks. Members of this Company would feel safe as if they are dealing with a Family member, not from the company, but the account holder would never face difficulties for any work. The account holder can take all the facilities related to the bank at home. Do not take the name of RRUT Nidhi Limited only for banking service but to promote the habit of saving in the account holders of this company. The aim of our company will be to increase the habit of saving in members. With his savings he can fulfill his all requirements this Do not need to, take loan .