PRADISON NIDHI LIMITED, a public limited company, was incorporated in 2018, company having registered office at PRADISON NIDHI LIMITED, 10 B, NEAR SD HOSPITAL, Ganesh Nagar, NAGPUR-440012. The object of the Company is to encourage and afford all facilities for cultivating thrift, saving habits and to render all financial assistance to its member only by receiving long and short term deposits and lend, grant loans to them as are allowed by law for Nidhi Companies.
A nidhi company is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Our business model stands on the principles of transacting within members of the Nidhi Company. We accept deposits from lend credit to our members and thus inculcate the habit of savings among the masses and also provide credit at lower costs than traditional banks.
We believe that Integrity should be at the heart and soul of a company’s culture. We have clear commitment towards achieving professional goals and objectives through ethical conduct of our business.
Our Goal is to fulfill all public financial needs in order to raise our organization into small bank covering target with more than 100cr authorized capital within a period of 5years.