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  • Welcome To Town Benefit Fund

            Our Nidhi Company was established on 29 th August 1993 by  CA. M. RAMAN in the Temple City of Kumbakonam, with the blessings of the  Makkal Sakthi Movement Founder Dr. M.S. Udayamurthi, Sri. S.R.G. Renganathan Chettiar, (President of KMBF Limited), Sri P. Vaidhyanathan, Chairman Integrated  Enterprises (India) Ltd, Sri. Ramasubramanian, (President Madurai Permanent Fund Limited) along with our Founder Members Sri. S.M. Swaminathan, Dr. P. Ravichandran, Sr.i T. Manickavasagam, Sri. S.R. Sridharan, Sri. B. Mukuntharamanujam, Smt. Y.Kanniga, Sri. G. Baskaran, Sri. R. Vijayakumar, Sri. N. Rengasamy, Sri. V. Mohanram, Sri. M. Sureshkumar and Sri. P.V. Nathan.

            The Primary object 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 themselves.  We are pleased to inform our members that Our Registered Office Kumbakonam (Main Branch), Kumbakonam (Town Branch). Thiruvarur Branch, Nanganallur Branch, Madipakkam Branch,Pattukkottai Branch and Mannargudi were housed at our own premises " HOUSE OF MUTUALS "

            Presently we are servicing our members through 35 Branches  namely Main Branch, Town Branch, Pattukkottai, Thanjavur, Mannargudi, Thiruvarur, Madipakkam, Panruti, Madurai, Nanganallur, West Mambalam, Srirangam, AnnaNagar, Ambattur, Virugambakkam, Triplicane, Manapparai, Coimbatore, Virudhachlam, Jayankondam, Mayiladuthurai, Karur, Salem, Tiruppur, Erode, Sirkazhi, Chitlapakkam, Tambaram, Pammal, Karanthai, Ariyalur, Urapakkam, Vadavalli, Cuddalore and Pazanganatham.   Apart from servicing our members for the past 21 years, Our Company conducted various social awareness programs like (Eye camps, Motivation for Students) especially of 9th Standard and 11th Standard Students at our Branches. We have declared dividends constantly for the past 10 Years and declared 14% dividend for the year ended 31 March 2014.  Rewarding Shareholders with rich cash dividends as well as ploughing back of profits to support company's future growth have been that twin objectives of your company over many years.

     Share Application     Nomination Form    Deposit Application  



    A NIDHI Company can be defined as a Company By the Members, For the Members and To the Members.
    Difference between Nidhi Companies and most of the other companies?
            A Nidhi Company is A Company Incorporated Under Section 620 A Of the Indian Companies Act 1956 and Approved by Both The Houses Of The Parliament by notifying it in the official gazette of the Central Government. Where As most Of The Companies Are Incorporated Under Indian Companies Act, 1956 only.

         On  31st March 2014 our company  mobilized deposits to the tune of  Rs.199.27 Crores from our members and advanced to tune of Rs.144.40 Crores to our members.

         For the Financial Year 2014-2015 our Company Projected to achieve a total Business of Rs.550 Crores comprising Rs.300 Crores as Deposits and Rs.250 Crores as Advances.

         Presently 139 Permanent Employees and 80 Temporary Employees  were Servicing our Members through 35 Branches.

         Further our Company proposed to open 10  branches at   Porur, Medavakkam, Siruseri, Chenkalpattu, Neyveli, Kattur, Athur, Perambalur,  Kallakurichi and Peralam very shortly.

    2011 Town Benefit Fund (Kumbakonam) Limited.,
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