Personal Loan
About Metro Samrudhi Nidhi Limited (Sub-Banking, Ghaziabad) — and some things to check if you are interested in taking a personal loan from .
public “nidhi” company (a type of deposit‐taking & small‐loan institution under Indian
It has a “Sub-Banking” branch or sub-unit listed at the same locality (Pratap Vihar, Ghaziabad) with some customer ratings.
Their loan/EMI payment account is registered in online payment portals (eg. for EMI / bill payment) as a lender for “Metro Samrudhi Nidhi Limited”.
What is clearly documented (or what to verify)
I did not find clear publicly listed terms (interest rate, maximum loan amount, tenure) for a “personal loan” product from Metro Samrudhi.
Being a “nidhi” company: Nidhi companies are regulated under the Companies Act and Nidhi Rules (not like NBFCs) and typically accept deposits from and lend to their members. So suitability for your purpose depends on whether you qualify as their member.
Since incorporation is recent (2021) and paid-up capital is modest (₹5 lakh as per last publicly available) — — you’ll want to check their stability, track record, regulatory compliance.
What to ask / check before applying
1. Ask for loan terms: interest rate, processing fees, tenure, repayment schedule, prepayment/part‐payment options.
2. Check whether you need to be a member of the Nidhi company (many nidhi companies lend only to their members) and what the membership criteria are (minimum deposit).
3. Ensure clarity on eligibility: your employment status, income proof, credit history, any collateral/security required (though “personal loan” may be unsecured).
4. Confirm the company’s registration / regulatory status: Are they properly registered as a Nidhi company in UP, in good standing with Registrar of Companies (ROC)? The listing shows “Active”.
5. Request a loan agreement in writing, check for any hidden charges, forced insurance, high penalties.
6. Given your location (Ghaziabad, Uttar Pradesh), check branch accessibility, staff transparency, customer reviews (some reviews are present: 4.3★ from 17 ratings at one listing)
My recommendation
If I were you, and if I needed a personal loan, I would:
Visit the branch at Pratap Vihar, Ghaziabad and speak with their loan officer, ask for a product sheet.
Compare their offered interest rate and terms with local banks or NBFCs (sometimes bank personal loans may offer better security and terms).
If the terms are satisfactory and you meet membership/eligibility requirements, proceed— but keep documentation and check payment channels carefully.
find clear transparency, consider alternatives (banks/NBFCs)