Sansarbhavisya Mutual Benefit Nidhi Limited - Policies and Guidelines

Policies

• Shareholder Membership:-Transactions with the company are limited to shareholders. To become a member, individuals must subscribe to a minimum of 10 equity shares, ensuring that all stakeholders are equally invested in the company’s success.
• Deposits:- We offer Fixed Deposit, Recurring Deposit, and Savings Deposit accounts, designed with competitive interest rates and flexible terms. Our deposit schemes follow strict regulations, ensuring the safety and return of your investments.
• Loans and Advances: Our loan schemes are designed to support the financial needs of our members, with attractive interest rates and flexible repayment options. Loan policies are regulated by the board to ensure responsible lending and member satisfaction.
• Transparency: Our Articles of Association and internal regulations, based on the Companies Act, 2013, ensure that all processes and operations are conducted with full transparency. Members are kept informed of company operations, decisions, and financial health.
• Board of Directors: The company is managed by a board of directors with a minimum of three and a maximum of twelve members. The board is empowered to manage the company’s resources responsibly, ensuring sustainable growth and success.
• Remuneration and Expenses: The board of directors is entitled to remuneration based on company profits and sitting fees for meetings, ensuring that they are motivated to drive the company towards financial success while keeping operational costs reasonable.

At Sansarbhavisya Mutual Benefit Nidhi Limited, we are committed to helping you achieve financial freedom through safe, reliable, and community-driven financial solutions.