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About Us:- Vedant Mutual Benefit India Ltd.
Vedant Mutual Benefit India Ltd. (VMBI Expansion) is a mutual benefit Company carrying on the business of a non-banking financial institution. Mutual Benefit Companies Are Incorporated Under Indian Companies Act, 1956. It is a nonbanking 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. Vedant Mutual Benefit India Ltd. is fully complied with capital 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. The Vedant Mutual Benefit India Ltd is fully financial services company. We accept deposits from our shareholders within the stipulated norms issued by the Ministry of Corporate Affairs.
The funds mobilized are utilized to a great extent for advancing of Gold Loans, Property Loans, & invest in Education Sector, Health Sector & in Real Estates. Thus, the funds are fully secured and therefore the investments with us are in very safer havens. We believe that the success of business comes from each individual's creativity and team work. We at VMBI Expansion, stimulate the mutual growth of our members through Trust and Responsibility and in this process VMBI Expansion strives to contribute to the development of the society overall.
Our company functions like a well oiled machine and the objective of this initiative is to ensure welfare of our members through financial support by improving the standards of life and rendering all possible technology driven financial services under one roof.
Our Objective
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. The Vedant Mutual Benefit India Ltd. is fully financial services company. We believe that the success of business comes from each individual's creativity and team work. We at VMBI Expansion, stimulate the mutual growth of our members through Trust and Responsibility and in this process VMBI Expansion strives to contribute to the development of society overall.
Company Information
The Company, right from the beginning has been following the principles of Trust and Guarantee of fairness and balance which remain the cause of our goodwill. In the current era of high speed banking and marketing and in the changing phenomena of banking pluralism, VMBI has been treading its way with an inevitable pace. VMBI serves each class of the society and has been totally free from the unethical rivalries.
We are being governed by the Ministry of Corporate Affairs, Government of India. The heritage of our company speaks itself for its strength, financial conduct and discipline among the people. Our Company has truly bridged the chasm between promise and performance.
We accept deposits from our shareholders within the stipulated norms issued by the Ministry of Corporate Affairs. The funds mobilized are utilized to a great extent for advancing of Gold Loans, Property Loans, & invest in Education Sector, Health Sector & in Real Estates. Thus, the funds are fully secured and therefore the investments with us are in very safer havens.
There has never been any instance of delay/non repayment of deposits, claimed on maturity dates.
We believe that “Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results”.