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Parasia road Chhindwara (M.P) 480001
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It can receive deposits and lend out loans to its members only. Nidhi is the secure and the economical way of raising funds from the General public by registering them as members. Nidhi Companies are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds, and Mutual Benefit Company.
One of the most common ways to raise capital for your business is to take a business loan. A loan is also a better source of capital for a profitable business in comparison with the share capital as you can have a better leverage. You enjoy the surplus of rate of return over the interest you pay for the borrowings..
A personal loan is a versatile type of funding that can be used for almost any purpose, including unexpected expenses, large purchases or debt consolidation. You repay your loan with interest in fixed monthly installments.
If you have the sums to purchase the property in one go, it is better to take a home loan. Instead of spending a lump sum amount on the property, it is better to go for a large amount down-payment and pay off the remaining amount in higher amount, monthly EMIs, since you can afford it.
Identity proof (copy of passport/voter ID card/driving license/Aadhaar) Address proof (copy of passport/voter ID card/driving license/Aadhaar) Bank statement of previous 3 months (Passbook of previous 6 months. Latest salary slip/current dated salary certificate with the latest Form 16.