DMBNL

DMBNL Devendra Mutual Benefit Nidhi Limited strictly abides by rules of the Nidhi Company and doing finance business with the members.

Nidhi being a Company Registered under the Company Act. It automatically comes under the supervision of the DCA. Being a finance company borrowing and lending money, the Nidhi perform a quasi banking function and hence comes under the supervision of RBI. On account of this position there is dual control over the Nidhi by the DCA and RBI. Nidhi have many features which make them stand distinctly ap

ort from many other Non Banking financial institution who are working under the guide line of RBI. An important characteristic of Nidhis is that they are Localized institutions.

Address

At-Paroo Kasba Tola
Muzaffarpur
843112

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