Metro Samrudhi Nidhi Limited is indeed registered as a Nidhi company (a non-banking financial entity regulated under the Companies Act) .
Public document (via my search) clearly outlines the terms of a “ Monthly Income Scheme ” by this company — such as deposits, interest rates, payout terms etc.
the scheme’s specific terms, if you are considering investing or placing deposits there, you should conduct thorough due diligence. Key things to check:
1. Scheme document & terms
Ask the company for an official brochure or scheme details: how much deposit is required, what monthly income payout you’ll get, for how many months / years.
Confirm interest rate / payout rate, whether it’s guaranteed, how “monthly income” is defined (fixed amount, variable with bank rate.
2. Regulation & compliance
Since it’s a Nidhi company, ensure it complies with relevant laws under the Companies Act, Rules for Nidhi companies, and is registered with the right authorities.
Check whether the scheme is approved / permited under the applicable regulatory framework for deposits.
3. Risk & liquidity
Understand what happens if you want to withdraw early .
4. Transparency & record‐keeping
Get receipts, statements, clear documentation of your deposit and monthly income payouts.
Ask for audited accounts / financial health of the company (though many small Nidhi companies may not have extensive disclosures).
5. Red flags
Promises of very high monthly income relative to deposit or market norms: verify the basis.
Lack of clarity on terms, no written contract, vague “earn monthly” claims.
Monthly Income Scheme with Metro Samrudhi Nidhi Ltd:
Compare with alternative deposit/investment instruments (bank fixed deposits, small saving schemes, credit-cooperatives) to see risk vs return.
legal advisor to check the scheme’s legitimacy and suitability .