On 23rd Aug 2012 Shri Narayani Town Benefit fund came into being and has progressed well and in terms of Ministry of Corporate Affairs, all the names of Benefit fund companies have come to be known as Nidhi Companies. The Company is headquartered at Tiruvarur in Tamilnadu and presently has eighty branches with over 500 employees. The Company has been recognized with the Nidhi Status (NDH-4) by the Government of India through Ministry of Corporate Affairs and the same has been published in the official Gazette of Government of India.

VISION:

“To build Shri Narayani Nidhi Ltd into a strong, trusted and sustainable people movement which will strive towards providing equitable opportunities for the under privileged to empower them financially.

MISSION

“To bring about financial inclusion to the deepest rural parts of Tamilnadu by offering accessible credit and customized & tailor-made deposit schemes to the farmers, small business men, households and low-income groups which will fit to the income pattern of the above category.”

Shri Narayani Nidhi Ltd. is led by Mr.S.Karthikeyan who is a native of Thippirajapuram, a traditional cultured village near the temple town of Kumbakonam. Mr.S.Karthikeyan possesses a very strong background both in terms of financial stability as also his expertise in the business for quite some time. It is with the sincere involvement of Mr.S.Karthikeyan as Chairman & Founder, ably supported by his brother Mr.S.Ramprasad as Managing Director, is in the process of expansion of its business in places nearer to Thiruvarur where it has established its roots on a stronger base. Head Office and Corporate office has started functioning from Thiruvarur and Shri Narayani Nidhi is slowly marching towards a strong future. Taking a cue from the Government policies to introduce financial literacy amongst the villages, Shri Narayani Nidhi is aiming at achieving the goal by its presence in and around Thiruvarur.

1.SMS Alert- All transactions are immediately transmitted to the mobile phones of the member 
Mobile Spot collection- Door Step services are offered by our designated staff and immediate authenticated receipt is given to the members for their remittances made.
3. Net Access- Through system, member can view all his assets & liabilities held in all branches using his credentials
4. Mobile Access- Company has developed an App “SNNL Dhanam”which is a user-friendly app, accessible through the mobile number in their mobile phones to view their assets & liabilities held in all branches

Shri Narayani Nidhi Ltd is slowly on its growth path with utmost courteous services rendered with able management and having a dedicated team of staff. Moreover, the interest rates on deposits attract a reasonably higher level of earning. Thus, in all probabilities, being a member in Shri Narayani Nidhi Ltd could be advantageous to receive dedicated service and earning higher interest rate by a member.

Yes.
100% safety is assured as the management is very efficient and follows ethical way of business besides the company is being monitored by Government regulatory authorities. Therefore, once the deposits are with Placed the Shri Narayani Nidhi Ltd., one can be assured of safety and security of deposits.

Moreover, the Company has been recognized by the Ministry of Corporate Affairs, Government of India to carry out Nidhi business which indicates strong foundation, reliable & safe of investments.

Yes.
Shri Narayani Nidhi Ltd is a registered Member of Chamber of Nidhis.

Net access is an advanced facility available for members and it is an easy way of sitting at home or wherever to access through website by logging in with appropriate Login Id and Password generated through system. It is a convenient and secured system of finding all the assets and liabilities of the member in all the branches of the Company.

Member are offered the facilities of deposit accounts – Savings Deposit, Recurring Deposit and Fixed Deposits at slightly higher rate of interest over the other market players and also loan facilities – Loan against deposits, Jewel loans and Mortgage loans with lesser processing time.

Also, the Company offers Locker facilities to its members at selected branches.

The member can feed the details on the grievances under “Contact Us” and the same will be processed by our designated Customer Relations Officer and will arrange for redressal of the grievances

The Jewels pledged are kept in strong rooms and are insured. Hence safety is assured.

Lockers are placed in strong rooms and modern electronic surveillance technology is deployed in all branches to protect the safety of the assets of the members.

Members can view their assets and liabilities held in all branches of the Company by accessing through their mobile number in the App downloaded through Play store in their mobiles which is very user friendly and gives the member an insight of their financial holdings at their palm.