Thazhayil Nidhi Company provides a golden opportunity to its members for meeting their immediate needs.
Features & Benefits-
• Avail loan amount starting fom Rs. 1000
• Hassle-free quick processing of loans
• No appraisal Charges
• Free Insurance Coverage on Gold
• Minimum documentation and quick disbursal
• Simplified Paperwork.
• Easy Payment options.
• Low interest Rate of 10%
• Permanent mechanism to monitor market value of gold Increase/Decrease etc.
• Gram rate upto 2300
A Maximum of Rs.10 Lakhs will be sanctioned per member.The loan will be restricted to 50% of the value of the Property. The loan shall be repaid in EMI and the maximum period of repayment shall be 60 months. Rate of interest shall be decided by the Board from time to time according to market conditions and as per Nidhi Rules. For more details, Contact our Branch/HQ With a full dedication and support of our skilled professionals and other experienced staffs we have been guiding customers for taking loans and documentation work easier. We have received many appreciations from our customers for the indefinable services we provide. The company has loans available to all members for all sorts of purposes and the loans are processed within a short period of time.
We issue loans against pledged term deposit certificates issued by ourselves. A ceiling of 90% of the deposit amount can be availed as loan and the maturity date of the certificate is the due date of the loan availed.Interest is calculated at 2% above the deposit rate and the interest is on day-to-day basis.
Customers can remit interest / principal monthly / any time and may close the loan on or before the due date. Otherwise we will automatically close the loan and deposit and the dues be settled to the customer