JAITHRA NIDHI LIMITED is a Nidhi company having registered office at Peramangalam (Thrissur) The object of the Company is to encourage and afford all facilities for cultivating thrift, saving habits and to render all financial assistance to its member only by receiving long and short term deposits and lend, grant loans to them as are allowed by law for Nidhi or Mutual Benefits Companies. A Nidhi company is one that belongs to the non-banking Indian Finance sector and is recognized under section 620A of the Companies Act, 1956. The core business of Nidhi Company is borrowing and lending money between the members. Nidhi Companies are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. It is regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to the Nidhi Companies in matters relating to their entire activities.