They appear to operate a “Sub-Banking” outlet in Ghaziabad Pratap Vihar area.
information on account opening for “current accounts” with MSNL as one would with a full-fledged bank (like a regular commercial bank current account).
Being a “Nidhi company” it may have a different regulatory & operational framework than a scheduled commercial bank: the rights, obligations, services offered ( cheques, deposits, withdrawals, current account facility) may differ.
Published terms & conditions for account opening, minimum balances, fees, or whether they support full “current account” (business) banking features.
It is clear whether this Not entity is regulated like a bank under the Reserve Bank of India (RBI) banking licence regime, or functions under different rules applicable to “nidhi” companies.
Open an account
If you are intending to open a current account (business or professional) with Metro Samrudhi Nidhi Ltd, here is a checklist you should follow:
1. Visit the branch/office: Go to their Pratap Vihar, Ghaziabad outlet (as listed) or official head-office and ask for account opening forms.
2. Ask for a printed terms and conditions document that explains:
- Whether the account is a “current account” (for business) or some other deposit account.
- Minimum balance requirements, fees, cheque-book facility, online banking.
- Deposit insurance / protection (for example, for banks, deposits up to ₹ 5 lakh are covered by Deposit Insurance and Credit Guarantee Corporation (DICGC) — but that may not apply here).
3. Verify regulatory status: Ask whether Metro Samrudhi Nidhi Ltd is regulated under RBI/Banking regulation or only under the laws applicable to “nidhi companies”. Knowing this affects the safeguards you have.
4. Check services you need: If you need features like cheque facility, fund transfers, overdraft, business payments, etc., ask whether they support them.
5. Identity & KYC compliance: Provide the usual documents (PAN, Aadhaar, address proof, business proof if it’s