Tharani Mutual Benefit Nidhi Ltd., is founded by a team of Executives retired from TAMILNAD MERCANTILE BANK LTD (TMB), along with the members of SVPS family - a family of repute from Subramaniapuram, Sawyerpuram, Thoothukudi District.
The company is Registered under the Companies Act 2013, functioning under Nidhi Rules - Regulated by Ministry of Corporate Affairs (MCA) - Government of India.
The objective of the company is to encourage the middle class and small business holders to save money, by cultivating the habit of thrift and savings and lend money at favourable interest on movable and immovable properties to those who are usually depending on money lenders. We transact with transparent Rules and Regulations with Latest Technology.
THARANI is accepting deposits from its members (Share Holders) at an attractive rate of interest through various schemes, suitable to each section of people.
THARANI is also offering loans to its members against gold ornaments, and properties at a reasonable rate of interest, without any hidden charges.
THARANI is having locker facility , offering lockers of all sizes at reasonable rent in a safe and secured Strong room as available in Banks.
- For the benefit of working class people, the Working Hours is fixed as from 9.30 a.m. to 6.00 p.m on all days, including Saturday. Members can avail loan, deposit cash upto 6.00 p.m. without absenting to their work.
- The Safe Deposit Locker is in Strong Room, as available in Big Banks, which is Safe and Secured.
- Interest for Savings Deposit is 6%p.a and it is calculated on daily balance basis.
- Age for Senior Citizen is fixed at 58 years.
