Bank's History

Metro Samrudhi Nidhi Limited Sub-Banking (CIN U65990UP2021PLN150488was incorporated on 10 August 2021 under the Registrar of Companies, Kanpur.

It is registered at: P-233, Sector-12, Pratap Vihar, Vijay Nagar, Ghaziabad, Uttar Pradesh 201009.

It is categorized as a Public company, non-government, limited by shares, with an authorised capital of ?10 lakh and paid-up capital of ?5 lakh.

The company’s business activity (as per NIC code 6599) is recorded as “Other financial intermediation .

The branch listing (or “Sub-Banking”) under the name indicates a physical outlet in Ghaziabad: Address: “Near Union Bank, P-233 Sector 12 Pratap Vihar, Vijay Nagar, Ghaziabad – 201009.”

 Caveats & things not fully clear

The term “Sub-Banking” suggests a branch/outlet functioning for the Nidhi company, but it is not a bank (i.e., not regulated as a commercial bank) — it is a “nidhi company” which under Indian law is a mutual benefit society type company for its members, subject to specific rules under the Companies Act + Nidhi Rules.

There is limited publicly available information about their detailed history of operations when the sub-banking branch opened, how many members, volumes of deposits/loans, etc).

Financials such as revenue, profit, assets are not comprehensively disclosed in publicly free sources. One source shows some metrics but at a high-level and requiring paid access.

The use of “Sub-Banking” in listings like on Justdial) is possibly a marketing service-description term; one should verify the exact nature of services (deposits from members, loans to members, etc) under Nidhi company norms.

 Recommended next steps (if you need deeper history

If you are investigating their full sub-banking history (for example for due-diligence), you might consider:

Checking filings on the Ministry of Corporate Affairs (MCA) portal: annual returns, financial return (Form MGT-7, AOC-4) for Metro Samrudhi Nidhi Ltd.

Visiting their branch (Pratap Vihar, Ghaziabad) to ask for member register, business profile, number of members, deposit/loan portfolio.

Checking whether they are registered under the Nidhi Rules, 2014 and whether their accounts are audited, as required.

Looking for any regulatory compliance / warning information from the Reserve Bank of India (RBI) or via state registrar of companies about Nidhi