It could very well be that many of you came to know about Nidhi companies a bit recently, and that’s why you’re digging deep into how these companies function and what the best options available in India are, right? Well, for those who have little to no idea about it all, a Nidhi company falls under the category of a non-banking financial company (NBFC), and it is regulated under the Companies Act of 2013. These are mainly operated by the members, who also work as the shareholders. So, now, in our opinion, we should get on with the introduction of the Top 10 Leading Nidhi Companies in India 2025. Here we go then.
1. Maben Nidhi Limited
Maben Nidhi Limited is still at the forefront of Nidhi companies in India, coming 1st in the list of 2025, and no wonder. This company from Kerala has more than 60 branches and has obtained the NDH-4 certificate from the Ministry of Corporate Affairs, thus ensuring a high level of trust and regulation. Maben, the company that was previously called Manappuram Benefit Fund Limited, is a unit of the Manappuram Group, which is a well-known name for the last few years in the field of finance-related services, with a record of being transparent and super reliable.
2. Kerala State Financial Enterprises (KSFE) Nidhi Limited
When we discuss finance and trust in Kerala, we can’t just overlook KSFE, the very and only state-owned Nidhi company from Kerala. Staying at Thrissur since 1969, KSFE has been one of the most highly earning public-sector financial institutions for a very long time. One of the most important reasons that the company has made a BIG name for itself is its “Chitty” systems, through which customers can gain the advantages of saving as well as borrowing in one easy plan. KSFE has an extreme degree of trustworthiness with its parent, the Kerala government, making it a very strong contender.
3. Mahamudra Global Nidhi Limited
A company that came into existence only a few years ago, but has an impact of such a magnitude in the financial world, is a rarity. Nevertheless, Mahamudra Global Nidhi Limited has managed to achieve this very feat. The company, which is still fresh, was founded in 2019 and operates in Delhi. This Nidhi company has the confidence of a large number of members these days. Mahamudra is different because it uses a contemporary method to deal with the customary Nidhi transactions that involve financing by the community, along with the use of technology.
4. Adambakkam Janopakara Saswatha Nidhi Limited (AJS Nidhi)
Established in 1931, AJS Nidhi is one of the oldest Nidhi companies in India, and with its almost 100 years of existence, the company has been serving the people of Chennai and the neighboring places. One of the most noteworthy aspects is the way AJS has kept on doing exactly what it did when it was first set up over 80 years ago, supporting regular families to save and take loans with trust. That is precisely what it is up to right now as well, after all those long years.
5. Siddhivinayak Nidhi Limited
Following is Siddhivinayak Nidhi Limited, the biggest of the newly most promising entrants in the Nidhi area. Nidhi has made a remarkable start in 2023, and it has attracted the attention of many; and it is already a good compliance with MCA and RBI guidelines. It provides safe loans of various kinds, including secured loans against real estate, gold, silver, and insurance policies. Siddhivinayak’s strength in handling its competition is that it concentrates on changing the way the Nidhi functions, but still maintains the characteristic of being a trusted and simple company.
6. Mini Muthoottu Nidhi Kerala Limited
Mini Muthoottu Nidhi Kerala Limited is a Muthoottu Group family-supported venture with over 100 years of experience in the Nidhi sector since the group’s financial beginning in 1921. With its main office in Kozhencherry, Kerala, and more than 250 branches, the business is ranked as the second-largest Nidhi institution in the state. Mini Muthoottu mainly deals with fixed deposits, recurring deposits, and gold loans, as well as being fully open and honest with customers.
7. Samartha Nidhi Limited
Samartha Nidhi Limited is a company from Karnataka, which is ranked seventh and has been effectively involved in the process of financial inclusion in the rural and semi-urban areas. Puttur is home to this company, which offers deposit schemes and loans specially designed for small business owners and people who are regularly unable to access traditional banking. That’s the main way it has gained quite a lot of traction.
8. Kumbakonam Mutual Benefit Fund Nidhi Limited
One of the oldest and most reputed mutual benefit companies in India is the Kumbakonam Mutual Benefit Fund Nidhi Limited, and the reason is simple because it has been at it since 1904, when it was founded. This institution from Tamil Nadu was set up by Rao Bahadur Sri N. Krishnaswami Iyyengar. A 120-year-long unbroken good business record still links the company not only with the concept of gold loans but also with savings programs having a wide user base from the urban and rural banks.
9. People’s Urban Nidhi Limited
People’s Urban Nidhi Limited, a rapidly expanding financial institution located down there in Pathanamthitta, Kerala, is at the 9th spot. Providing easy and affordable financial services to families belonging to the middle and lower-income groups is the main reason the company is getting THIS MUCH attention. People’s Urban not only supports accessibility for various services like fixed deposits and personal loans but also ensures that all the required compliances as per the Companies Act, 2013, are met, no matter what.
10. Jayant India Nidhi Limited
Jayant India Nidhi Limited, situated in Gurugram, is the company that comes at the last position of our list but has shown phenomenal progress in the blink of an eye. Although it is among the recent companies to enter the market, in a very short time, Jayant India has created a member base of more than 5,000 and has extended its reach by nearly 20 branches across the country.
Conclusion
That’s about it. As of 2025, there are quite literally hundreds of Nidhi companies in India, which means you can find these companies established in literally every part of the country. But if we talk about the top one and the best ones in this niche, then sure enough, as of 2025, we have specifically mentioned these ten today.
