Highlights

Approved by Govt.

Governed by The Ministry Of Corporate Affairs. Government Of India has approved our company under section 620A of companies act as a Nidhi company.

Gold loan

Advancing loan on gold jewels to its members is the primary business. Funds collected from its members is deployed only for Jewel loans to its members, hence 100% safe

Service

Serves middle class, lower middle class and farmers with in the locality

Government of India has allowed maximum payout of 24% dividend for Nidhi companies and we have been paying the maximum of 24% since 2015, even though we have better profits to pay more dividend.

Schemes

8%

Fixed deposit

*1 Year

9%

Recurring deposit

*1 Year

5%

Savings deposit

*on the minimum balance Between 10th and last working day of The month, credited in sep/march

About

  • 1992

    Founded in year 1992.
    Company registered with Registrar Of Companies. Late V. Ramalingam was the Founder President (1992-1993).

  • 2012

    Site bought for Vilamal branch.
    Late P.R.M. Nagarajan was President during (1992-2012)

  • 2017

    Celebrated Silver Jubliee
    ( Chief Guest : Mr. S. Balasubramanian , Chairman-CUB)

  • 2021

    Total number of Shareholders : 48939 (as on 31.3.2021).
    Present Directors list (as on 31.03.2021)
    Mr. R. Senthilnathan, Mr. G. Manoharan,
    Mr. K. Rajaraman, Mr. K. Kathirvelu,
    Mr. B. Suresh, Mr. T. Senthilkumar,
    Mrs. M. Sivakami, Mrs. A. Renuka.

  • Divident payouts

    Dividend payout to shareholders:

    • 1999 -2005   15%
    • 2006 -2009   18%
    • 2010 -2014   21%
    • 2015 -2018   24%
    • 2015 -2020   24%

  • Upcoming

    Upcoming branches for next financial year: Eravancherry, Lakshmangudi, Aduthurai

Contact Us

Registered Office:

No.36/1, Ellaiyamman Sannathi,
Vijayapuram,
THIRUVARUR – 610 001
63819 94009

Branches:

No.3/297-A, 1ST Street,
E.B. Nagar, VILAMAL – 610 104
63819 80443
Local Fund Road, (Near CUB),
KODAVASAL – 612 601
63819 72866
No.52, Papanasam Road,
VALANGAIMAN – 612 804
63819 86505
Thiruvarur-Mayiladuthurai road, (Near CUB),
POONTHOTTAM – 609 503
63819 97296
No.1-D, Karaikattu Street,
THIRUVARUR – 610 002
63819 85382
No.2/337, Main Road,
ERAVANCHERY – 609 501
93610 88189
No.141/1, A.R Road,
LAKSHMANGUDI – 614 102
99441 72289