KTMC NIDHI LIMITED is a Nidhi company having registered office at Maharajganj Uttar Pradesh. 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 members only by receiving long and short term deposits by way of savings, recurring and fixed deposits and lending loans to them as are allowed by law for Nidhi or Mutual Benefits Companies.

The company cannot give any unsecured loans. The loans may be given against security of Gold Jewellery and ornaments, immovable property and Against NSC, Deposits, Vikas Patra, Govt securities and LIC policies. Nidhi Company cannot open current account of its members.

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. The core business of Nidhi Company is borrowing and lending money between the members. Nidhi Companies are regulated by ministry of corporate affairs. Reserve Bank of India is empowered to issue directions to Nidhi Companies in matters relating to their entire activities.

The Company, right from the beginning has been following the principles of Trust and Guarantee of fairness and balance which remain the cause of our goodwill. In the current era of high speed banking and marketing and in the changing phenomena of banking pluralism, KTMC NIDHI LIMITED has been treating its way with an inevitable pace. KTMC NIDHI LIMITED serves each class of the society and has been totally free from the unethical rivalries. We are being governed by the Ministry of Corporate Affairs, Government of India. The heritage of our company speaks itself for its strength, financial conduct and discipline among the people. Our Company has truly bridged the chasm between promise and performance. We accept deposits from our Members/shareholders within the stipulated norms issued by the Ministry of Corporate Affairs.