Find answers to common questions about our services, membership, and financial security.
Buddhism Urban Multiple Nidhi Limited is a mutual benefit financial institution registered under the Ministry of Corporate Affairs, Govt. of India. Our primary goal is to encourage thrift and savings among our members and provide them with credit facilities for their growth.
Deposits in a Nidhi Company are highly secure as they are strictly regulated by the Nidhi Rules, 2014, under the Ministry of Corporate Affairs. We maintain a high ratio of Net Owned Funds and follow strict lending norms against collateral like gold or property.
Any Indian citizen above the age of 18 who shares our vision of community financial growth can become a member by submitting the membership form and valid KYC documents (Aadhaar, PAN, etc.).
Level Income is an incentive program for our members who help grow our community. When you introduce a new member who starts an FD or RD, you earn a percentage as a reward. This benefit extends up to 6 levels, allowing for significant passive earnings.
Yes, premature withdrawal is possible after a minimum lock-in period as per Nidhi Rules. However, interest rates may be adjusted according to the time the deposit was held with us.
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