ERNAD NIDHI

Malappuram, India Founded: 2016 • Age: 10 yrs
Provides loans, deposits, and savings schemes to members in India.
Annual revenue $333,032 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 6 Services tracked
Competitors 8 Brand Intelligence

About ERNAD NIDHI

ERNAD NIDHI is a company based in Malappuram (India) founded in 2016. It operates as a B2C. ERNAD NIDHI offers products and services including Gold Loan, Mortgage Loan, Loan Against Deposits, Term Deposits, and Savings Deposits. ERNAD NIDHI operates in a competitive market with competitors including Margadarsi Chit Fund, Kannattu, Saya Nidhi, Smart Nidhi Finance and Jodhpur Gramin Nidhi, among others.

  • Headquarter Malappuram, India
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Ernad Nidhi Limited
  • Date of Incorporation 05 Feb, 2016
  • Jurisdiction Malappuram, Kerala, India
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $333.03 K (USD)
    27.55
    as on Mar 31, 2022
  • Net Profit
    $2.75 K (USD)
    -51.23
    as on Mar 31, 2022
  • EBITDA
    $257.21 K (USD)
    34.97
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of ERNAD NIDHI

ERNAD NIDHI offers a comprehensive portfolio of products and services, including Gold Loan, Mortgage Loan, Loan Against Deposits, Term Deposits, and Savings Deposits.

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Primary

Offers loans against gold with low interest rates.

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Provides loans secured by property mortgages.

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Facilitates loans using existing deposits as collateral.

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Allows fixed-term savings with interest returns.

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Enables basic savings accounts for members.

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Supports regular deposit plans for future growth.

Funding Insights of ERNAD NIDHI

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Detailed funding history for ERNAD NIDHI

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Investments & Acquisitions by ERNAD NIDHI

Investments
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Investment portfolio details for ERNAD NIDHI

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Financial Statements - ERNAD NIDHI

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Detailed financials for ERNAD NIDHI

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Ernad Nidhi Comparisons

ERNAD NIDHI Primary company
Description
Provides loans, deposits, and savings schemes to members in ...
Location
Malappuram, India
Founded Year
2016
Annual Revenue
$333.03 K (USD)
Net Profit
$2.75 K (USD)
EBITDA
$257.21 K (USD)
Employees
Not available
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Peer comparison for ERNAD NIDHI

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Competitors of ERNAD NIDHI

ERNAD NIDHI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Margadarsi Chit Fund, Kannattu, Saya Nidhi, Smart Nidhi Finance and Jodhpur Gramin Nidhi, among others.

Company Name Domain Founded year HQ Location Description
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Functions as a cooperative lending company providing financial services.
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Offers gold loans, insurance, travel services, and money transfer in India.
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Financial company providing deposits, loans, saving accounts, and schemes for members in India.
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Operates as a cooperative firm offering consumer loans.
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Jodhpur Gramin Nidhi provides gold, mortgage, daily, and other loan services to members.
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Detailed competitors of ERNAD NIDHI

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Latest news on Ernad Nidhi

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Complete news archive for ERNAD NIDHI

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Frequently Asked Questions about ERNAD NIDHI

ERNAD NIDHI was founded in 2016.

ERNAD NIDHI is headquartered in Malappuram, India. It is registered at Malappuram, Kerala, India.

Annual revenue of ERNAD NIDHI is $333.03K as on Mar 31, 2022.

Ernad Nidhi Limited is a registered Nidhi company under the Companies Act, 2013, based in Malappuram, India. It provides financial services including gold loans, mortgage loans, term deposits, and savings schemes to promote thrift among members. Operating under the Ministry of Corporate Affairs, it has multiple branches and focuses on safe, low-interest lending options for thousands of satisfied members.

ERNAD NIDHI's top competitors include Margadarsi Chit Fund, Kannattu and Saya Nidhi.

ERNAD NIDHI offers Gold Loan, Mortgage Loan, Loan Against Deposits, Term Deposits, and 2 more products and services.

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