About Us

Shashwatha Nidhi Limited (SNL) is registered under the Companies Act 2013. Main objective of SNL is to encourage thrift, savings habit of members and to render all financial assistance by receiving long and short term deposits. SNL provide loan to its members based on security /collateral. Additionally, providing hassle free experience in managing the financial needs through technology such as internet enabled tools.

SNL will provide membership only through reference from existing membership. Any citizen resident of Karnataka can apply for membership.

SNL offers various deposit options to its members such as recurring deposit,fixed deposit, thrift deposit, savings deposit and other deposits as allowed by law for Nidhi Companies. SNL grant loans only to the members against securities of immovable properties, on the security of deposits, movable assets such as gold jewelry, silver jewelry, Kisan Vikas Patra, National Saving Certificates, insurance policies and other Government securities up on such terms and condition as may from time to time prescribed in law for Nidhi Companies.

Mission

To be innovative in developing cutting- edge financial solutions to meet the expectations of our members thereby improving their income and socio-economic status. We do this by deploying state of the art technology, the most efficient staff and a complimentary range of financial products aimed at maximizing shareholder returns in a socially responsible manner.

Vision

To be a world class Financial Institution affording a comprehensive and ready access to high quality financial services and building long term partnerships with our stakeholders.