About Us

Sanveda About Us

Sanveda is carrying on the business of a non-banking financial institution. Mutual Benefit Companies Are Incorporated Under Indian Companies Act, 2013. It is a non-banking financial company doing the business of lending and borrowing with its members or shareholders. The government has set up law for the Security of the deposit in the company to which the cradle is legally necessary. Sanveda is fully complied with capital in Rs.25,00000 (25 Lac) adequacy norms set by the government. The Primary objective of our institution is to cultivate the habit of savings among our members. Our first and foremost aim is to satisfy our members and create mutuality among them. Sanveda is fully financial services company. We accept deposits from our shareholders within the stipulated norms Regulations or guidlines of reserve bank of india (RBI), Department of companies of affairs (DCA) and regulatory authority on NBFC and NIDHI.

Our Objective

Sanveda is fully financial services company. We believe that the success of business comes from each individual's creativity and team work. We at SMNIL Expansion, stimulate the mutual growth of our members through Trust and Responsibility and in this process SMNIL Expansion strives to contribute to the development of society overall.

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