Other Informations
REQUEST TO DEPOSIT HOLDERS : ALL DEPOSITHOLDERS SUBMIT FORM15G OR FORM15H AS QUICK AS POSSIBLE.
உறுப்பினர்கள் தாங்கள் செலுத்த வேண்டிய கடன் தொகை & வட்டி தொகை போன்றவை அருகில் உள்ள இந்தியன் ஓவர்சீஸ் வங்கியில் SHENOY NAGAR SASWATHA NIDHI LIMITED ,A/c No. 000502000001588 என்ற கணக்கில் பணம் செலுத்தி எங்களுக்கு உடனேதெரிவிக்கவும் அவ்வாறு தெரிவித்தால் அந்த தொகை நீங்கள் தெரிவிக்கும் உங்கள் கடன் கணக்கில் வரவு வைக்கப்படும் கண்டிப்பாக உடனே தெரிவிக்கவும் மேலும் மற்ற வங்கியில் நீங்கள் கணக்கு வைத்திருந்தால் உங்கள் நெட்பாங்கில்( Net Bank ) இருந்து பணத்தை எங்கள் வங்கி கணக்குக்கு மாற்றம் செய்து எங்களுக்கு தெரிவிக்கவும் எங்கள் வங்கியின் கணக்கு விவரம்
SHENOY NAGAR SASWATHA NIDHI LIMITED, ACCOUNT NO. 000502000001588 INDIAN OVERSEAS BANK , IFSC CODE IOBA000005, AMINJIKARAI BRANCH, CHENNAI 600031
OUR NIDHI’S FORTY FIFTH ANNUAL GENERAL MEETING HELD ON 25TH SEP 2025 AT OUR REGISTERED OFFICE AT 10.00 AM all SHAREHOLDERS request to ATTENDED THE MEETING AND PASS ALL THE RESOLUTIONS .
THANK YOU FOR SHAREHOLDERS
LAKSHMIPATHI R ,
MANAGER,
SHENOY NAGAR SASWATHA NIDHI LTD
SNS Nidhi Loan Facilities
Financial Solutions Designed Around Our Members
At Shenoy Nagar Saswatha Nidhi Limited, eligible members can access structured loan facilities against approved properties, gold ornaments and deposits maintained with the Company.
Our loan schemes are designed with defined eligibility criteria, repayment tenures and applicable interest rates, enabling members to select a facility according to their financial requirements and repayment capacity.
01 — SNS NIDHI LOAN ON HOUSE PROPERTY
Property-Backed Financial Assistance Within Chennai
Loans are available against the mortgage of eligible landed house properties and flats situated within the City Limits of Chennai, subject to valuation, repayment capacity, legal verification and the applicable terms and conditions.
Key Features
- Eligible Security
Loans are provided against the mortgage of eligible landed house properties and flats located within the City Limits of Chennai. - Loan Valuation
The loan amount is determined based on the valuation of the property carried out by an approved appraiser. The eligible loan is subject to a maximum of 50% of the appraised value, along with consideration of the borrower’s repayment capacity and favourable legal opinion.
Flexible Repayment Tenures
Members can select a repayment period based on their repayment capacity:
- 36 Months
- 60 Months
- 84 Months
Interest Rate
The applicable interest rate is 15% per annum for all house property loan schemes.
Estimation Fees
Borrowers are required to pay applicable estimation fees as determined by the Board of Directors from time to time.
02 — SNS NIDHI LOAN ON GOLD ORNAMENTS
Convenient Financial Support Against Gold
Eligible members can obtain loans against gold ornaments, gold coins and other eligible gold security, subject to valuation and the applicable terms and conditions.
Key Features
Maximum Loan Amount
Loans are available up to a maximum of ₹7.50 Lakhs per borrower.
Interest Rate
The interest rate for fresh gold loans is 13.20% per annum, with interest calculated on a 15-day basis, as per the applicable terms.
Loan Value Against Gold
Loans are provided at ₹6,500/- per gram, or at such rate as may be determined by the management from time to time, subject to applicable conditions and valuation.
Maximum Tenure
The maximum tenure of a gold loan is 12 months. Upon completion of the applicable tenure, the loan is required to be repaid or renewed in accordance with the applicable regulations of the Ministry of Corporate Affairs.
Item-Wise Redemption
Borrowers have the convenience of redeeming pledged jewellery items individually, subject to the applicable repayment and release conditions.
Simple Process. Secured Assistance. Flexible Redemption.
Our gold loan facility enables eligible members to access financial assistance against qualifying gold assets while providing a structured repayment framework.
03 — SNS NIDHI LOAN ON DEPOSITS
Access Funds Against Your Deposits
Members can avail themselves of loan facilities against eligible Fixed Deposits, Cumulative Deposits and Recurring Deposits maintained with the Company, subject to the applicable terms and conditions.
Key Features
Loan Eligibility
Loans against deposits may be sanctioned up to a maximum of 75% of the eligible deposit amount.
Tenure
The tenure of the loan against deposit shall not exceed the remaining tenure of the respective deposit.
Interest Rate
The interest rate applicable to loans against deposits will be 3% higher than the rate of interest applicable to the respective Fixed Deposit, Cumulative Deposit or Recurring Deposit.
DEPOSIT FACILITIES AVAILABLE
We accept Fresh Fixed Deposits and Cumulative Deposits from eligible members, subject to the applicable terms, conditions and regulations.
Choose the Facility That Fits Your Financial Requirement
Whether secured against property, gold or eligible deposits, our loan facilities are structured around defined terms and responsible lending practices.
Clear Terms. Structured Repayment. Member-Focused Financial Support.
All loan facilities are subject to eligibility, valuation, documentation, legal verification, repayment capacity, applicable rules and regulations, and the terms and conditions prescribed by the Company from time to time.
BUILD A STRONGER FINANCIAL FUTURE TOGETHER
Your Savings. Your Financial Goals. Our Commitment.
With a legacy spanning more than 45 years, Shenoy Nagar Saswatha Nidhi Limited continues to serve its members through structured savings, deposit and loan facilities designed around responsible financial management.
Whether you are looking to save regularly, invest through a deposit scheme, explore loan facilities or understand our membership services, our team is here to provide the information and assistance you need.
Take the next step towards managing your financial requirements with greater clarity and confidence. Contact our office to learn more about our membership, deposit schemes, loan facilities, applications and other member services.
Other Informations
REQUEST TO DEPOSIT HOLDERS : ALL DEPOSITHOLDERS SUBMIT FORM15G OR FORM15H AS QUICK AS POSSIBLE.
உறுப்பினர்கள் தாங்கள் செலுத்த வேண்டிய கடன் தொகை & வட்டி தொகை போன்றவை அருகில் உள்ள இந்தியன் ஓவர்சீஸ் வங்கியில் SHENOY NAGAR SASWATHA NIDHI LIMITED ,A/c No. 000502000001588 என்ற கணக்கில் பணம் செலுத்தி எங்களுக்கு உடனேதெரிவிக்கவும் அவ்வாறு தெரிவித்தால் அந்த தொகை நீங்கள் தெரிவிக்கும் உங்கள் கடன் கணக்கில் வரவு வைக்கப்படும் கண்டிப்பாக உடனே தெரிவிக்கவும் மேலும் மற்ற வங்கியில் நீங்கள் கணக்கு வைத்திருந்தால் உங்கள் நெட்பாங்கில்( Net Bank ) இருந்து பணத்தை எங்கள் வங்கி கணக்குக்கு மாற்றம் செய்து எங்களுக்கு தெரிவிக்கவும் எங்கள் வங்கியின் கணக்கு விவரம்
SHENOY NAGAR SASWATHA NIDHI LIMITED, ACCOUNT NO. 000502000001588 INDIAN OVERSEAS BANK , IFSC CODE IOBA000005, AMINJIKARAI BRANCH, CHENNAI 600031
OUR NIDHI’S FORTY FIFTH ANNUAL GENERAL MEETING HELD ON 25TH SEP 2025 AT OUR REGISTERED OFFICE AT 10.00 AM all SHAREHOLDERS request to ATTENDED THE MEETING AND PASS ALL THE RESOLUTIONS .
THANK YOU FOR SHAREHOLDERS
LAKSHMIPATHI R ,
MANAGER,
SHENOY NAGAR SASWATHA NIDHI LTD
SNS Nidhi Loan Facilities
Financial Solutions Designed Around Our Members
At Shenoy Nagar Saswatha Nidhi Limited, eligible members can access structured loan facilities against approved properties, gold ornaments and deposits maintained with the Company.
Our loan schemes are designed with defined eligibility criteria, repayment tenures and applicable interest rates, enabling members to select a facility according to their financial requirements and repayment capacity.
01 — SNS NIDHI LOAN ON HOUSE PROPERTY
Property-Backed Financial Assistance Within Chennai
Loans are available against the mortgage of eligible landed house properties and flats situated within the City Limits of Chennai, subject to valuation, repayment capacity, legal verification and the applicable terms and conditions.
Key Features
- Eligible Security
Loans are provided against the mortgage of eligible landed house properties and flats located within the City Limits of Chennai. - Loan Valuation
The loan amount is determined based on the valuation of the property carried out by an approved appraiser. The eligible loan is subject to a maximum of 50% of the appraised value, along with consideration of the borrower’s repayment capacity and favourable legal opinion.
Flexible Repayment Tenures
Members can select a repayment period based on their repayment capacity:
- 36 Months
- 60 Months
- 84 Months
Interest Rate
The applicable interest rate is 15% per annum for all house property loan schemes.
Estimation Fees
Borrowers are required to pay applicable estimation fees as determined by the Board of Directors from time to time.
02 — SNS NIDHI LOAN ON GOLD ORNAMENTS
Convenient Financial Support Against Gold
Eligible members can obtain loans against gold ornaments, gold coins and other eligible gold security, subject to valuation and the applicable terms and conditions.
Key Features
Maximum Loan Amount
Loans are available up to a maximum of ₹7.50 Lakhs per borrower.
Interest Rate
The interest rate for fresh gold loans is 13.20% per annum, with interest calculated on a 15-day basis, as per the applicable terms.
Loan Value Against Gold
Loans are provided at ₹6,500/- per gram, or at such rate as may be determined by the management from time to time, subject to applicable conditions and valuation.
Maximum Tenure
The maximum tenure of a gold loan is 12 months. Upon completion of the applicable tenure, the loan is required to be repaid or renewed in accordance with the applicable regulations of the Ministry of Corporate Affairs.
Item-Wise Redemption
Borrowers have the convenience of redeeming pledged jewellery items individually, subject to the applicable repayment and release conditions.
Simple Process. Secured Assistance. Flexible Redemption.
Our gold loan facility enables eligible members to access financial assistance against qualifying gold assets while providing a structured repayment framework.
03 — SNS NIDHI LOAN ON DEPOSITS
Access Funds Against Your Deposits
Members can avail themselves of loan facilities against eligible Fixed Deposits, Cumulative Deposits and Recurring Deposits maintained with the Company, subject to the applicable terms and conditions.
Key Features
Loan Eligibility
Loans against deposits may be sanctioned up to a maximum of 75% of the eligible deposit amount.
Tenure
The tenure of the loan against deposit shall not exceed the remaining tenure of the respective deposit.
Interest Rate
The interest rate applicable to loans against deposits will be 3% higher than the rate of interest applicable to the respective Fixed Deposit, Cumulative Deposit or Recurring Deposit.
DEPOSIT FACILITIES AVAILABLE
We accept Fresh Fixed Deposits and Cumulative Deposits from eligible members, subject to the applicable terms, conditions and regulations.
Choose the Facility That Fits Your Financial Requirement
Whether secured against property, gold or eligible deposits, our loan facilities are structured around defined terms and responsible lending practices.
Clear Terms. Structured Repayment. Member-Focused Financial Support.
All loan facilities are subject to eligibility, valuation, documentation, legal verification, repayment capacity, applicable rules and regulations, and the terms and conditions prescribed by the Company from time to time.
BUILD A STRONGER FINANCIAL FUTURE TOGETHER
Your Savings. Your Financial Goals. Our Commitment.
With a legacy spanning more than 45 years, Shenoy Nagar Saswatha Nidhi Limited continues to serve its members through structured savings, deposit and loan facilities designed around responsible financial management.
Whether you are looking to save regularly, invest through a deposit scheme, explore loan facilities or understand our membership services, our team is here to provide the information and assistance you need.
Take the next step towards managing your financial requirements with greater clarity and confidence. Contact our office to learn more about our membership, deposit schemes, loan facilities, applications and other member services.