Chalakuzhi Nidhi Limited

Chalakuzhi Nidhi Limited is a non-banking financial company (NBFC) incorporated in India under the Companies Act, 2013, with the primary objective of cultivating the habit of thrift and savings among its members. The company operates by receiving deposits (such as Fixed Deposits, Recurring Deposits, and Savings Deposits) from its members and lending to them against various securities, including gold, property, and other financial instruments. It functions within the regulatory framework set by the Ministry of Corporate Affairs (MCA), Government of India, for Nidhi companies.