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Company Profile

Greetings from MCS Nidhi Ltd. Our company is run by professionals with rich experience in financial services aims to make availing credit easy for below the line segment who are backbone of our nation thus by making a positive impact on the lives of millions of peoples engaged in informal activities who actually build the nation.

As part of our core business, we provide business loans secured by Gold ornaments. We help our customers meet unanticipated or other short-term liquidity requirements. Our core banking solution connects all branches to a central server on a real-time basis. This ensures enhanced control, scalability, and faster response to meet the evolving needs of our customers. Our company is constantly evolving and growing. We provide wide range of services. Our mission is to provide best solution that helps everyone.

MCS NIDHI LIMITED is a public limited company where only members can transact business. This is only company running for the members. It was incorporated on 20 April2018

Our company is registered under Registrar of Companies (RoC-Chennai) and it is classified as the Non-Govt company.

MCS Nidhi Limited’s Corporate Identification Number is (CIN) U65990TN2018PLC122256 and its registration number is 122256.Its Email address is VATRAJ30@GMAIL.COM and its registered address is 29 B JOTHI NAGAR 2ND STREEET, ALANGULAM  Tirunelveli TN 627851 INDIA


Activities of our company are closely monitored and controlled by the Department of Company Affairs (Govt. of India). At present working of the Company is under the direct supervision and responsibility of 3 Directors. Our Directors have strong competencies in finance and business administration, including Ex. College Professor, senior advocates, retired senior executives from banks and other government departments, leading

Businessmen    and    industrialists. Like all financial institutions, we comply with all necessary operating guidelines such as, Capital Adequacy, Statutory Liquidity Ratio and Asset Classification and Income Recognition. We offer attractive interest rates for all types of depositsBoard Of Directors





MR. VT Arumugaraj M.Sc.,M.Phil.,B.Ed.,( Director CHIEF BUSINESS HEAD)

Mr. VT Arumugaraj holds the position of Chief Business Head. . He brings with him professional rich experience comprises in a career spanning over 15 years in the areas of Business Development / Strategic Planning, Education & Training, Risk Management System, Portfolio Management Services, Branch Management, Sales & Marketing, Client Servicing, and Team Management. His previous assignment as Professor and as RM in Shriram General Insurance (SKI Retail Ltd)and Muthoot Mini Finance core strength lies in the mastering of the rules and regulations of the financial practises and makes sure that there is zero error in any departmental functions. He ensures that everyone abides by the principles and always finds a solution to raising demands of the industry verticals.

Mr. VT Arumugaraj is responsible for overseeing key business decisions and driving corporate strategy.

Mrs M Maria Chandra Selvi holds the positon as CEO is working as  Head of the Department in a PVT Polytechnic College for the past 25 Years. By the Guidance of the CEO our company is moving smoothly and steadily.
Mr A Antony Alex Pandian B.E., Managing Director
 Our Managing  Director Mr A Antony Alex Pandian B.E., is a Civil Engineer. Mr A Antony Alex Pandian B.E., ( Civil Engineering ) graduate from Coimbatore KPR Institute of Engineering Technology, Coimbatore. Graduated during the year 1994. He started his career in engineering SKY Tree consulting PVT Ltd Bangalore. He has wide exposure to international trade and the domestic market. By his business tenure our Company will grow up to a upgrade level as a Business Bank



*To enable, encourage members to save money, by cultivating the habit of thrift and savings amongst its members and provide facilities for this purpose.

**To lend, grant loans to the shareholders or members only as against securities of immovable properties and/ or on

the security of deposits, movable such as gold, silver, jewellery, Kisan Vikas Patra, National Saving Certificates

Scheme and other Government securities up on such terms and condition as may from time to time prescribed in law for Nidhi or Mutual Benefits Companies.


*** To restrict the business specifically it its members only and to have transaction only with its members and not with

the public and to carry on all the activities duly complying with the guidelines, rules, standards or any other conditions prescribed by the authority or law in carrying on Nidhi business under Section 406 and Rule 4(4) of the Nidhi Rules 2014.


**To make and alter the rules as may be determined from time to time by the board of directors for carrying on the business of the

company more profitably and efficiently.

** To pay out the capital of the company or otherwise all expenses incurred in connection with the formation and registration of the


**To enter into agreement with the Government State or Municipal or any local authority and to obtain any advantage for the company.

** To indemnify members, officers, directors and other staff of the company against proceedings, costs, claims and demands in respect of

anything done or ordered to be done by them for and in the interest of the company.

** To pay, satisfy or compromise claims made against the company which it may be necessary or deem expedient to pay, satisfy or


** To invest and deal with the monies of the company not immediately required in such manner as may from time to time seem expedient

and be determined.

**  To do all event and every things necessary, suitable, proper for the accomplishment of any of the purposes for the attainment of any of

the main objects of the Company either as principals, agents, contractors or otherwise alone or in conjunction with others.

** To open accounts with any bank or banks and to deposit moneys therein and to draw and endorse cheques on and to withdraw moneys

from such accounts and generally operate upon same as may be required for purposes of the Company.

Legal   (Refer attachment Certificate of incorporation)

Our Commitment

“You can employ men and hire hands to work for you, But you must win their hearts to have them work with you”

Even if you haven’t contemplated a career with Nidhi Company, with us you’ll have a rewarding career you’ve always dreamed of.

We believe in building a relationship with our external and Internal customers our manpower-Human Capital, therefore we look for people possessing a go-getter, passion to excel, can-do attitude, innate talent for success, personable nature and unwavering integrity, if you have it in you, we’ll nurture you, provide the necessary tools and the training to deliver excellent service and creative solutions that will build long-term client relationships and a fulfilling career.

we believe that the most important factor which provides sustainable competitive advantage in our business is our people. We strive to create an environment to attract and nurture them.

We realize the relationships are vital for people to work together. As a cohesive team we value integrity by honouring commitments and biding by ethics. The teams are aligned towards the overall purpose of the bank and are constantly aiming to achieve greater heights and superior results that make a visible difference.

We believe in the power of open communication. The 2-way communication culture leads to contribution of ideas and suggestions towards incomparable customer service delivery, unique and diverse product features and continuous process improvement. Trust is earned and preserved through active engagement and collaboration with colleagues, across departments.


We believe strongly in fostering an inclusive environment where every individual’s unique perspective, background and experiences are valued and recognized. We encourage the variety of thoughts and perspectives that reflect the diversity of our markets, customers and workforces.

We take pride in growth of our own people. Through a number of training and mentoring programs. We strive to give every employee an opportunity to grow and hone him/her in the preferred area to realize their full potential. Performance and making a difference at the organizational level is the key to success.


We  Work well done never goes unrewarded. We ensure that our people are well rewarded for high level of performance, exceptional contribution, exemplary behaviour and making a difference to the bank’s success.

Our  Ownership is the core which has enabled the bank of grow at a remarkably fast pace. Personal ownership enabled our people to achieve exceptional quality in their work. Accountability helps in risk management instead of risk avoidance. While working with Chandra Finances. Your impact on your work is greater than you can imagine.

We Recognize our duty as a responsible corporate citizen to help strengthen the communities in which we live and work.Our Foundation was setup as a public trust in 2017 to carry out the Corporate Social Responsibility initiative.


THANGAPANDI ARUMUGARAJ                     
08115608M MARIACHANDRASELVI                                         DIRECTOR20-APR-18