Overview
BOFL Nidhi Limited is a Public Limited company registered under the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs (MCA), Government of India. Our main objective is to encourage saving habits among members and to offer secured, transparent and ethical financial services — including Fixed Deposits, Recurring Deposits, Savings Accounts, and member-based loan products.
Since inception, BOFL has been dedicated to empowering members with fair, interest-based returns, rapid maturity settlements, and hassle-free digital experiences. We uphold trust, transparency, and technology as our three pillars.
Share Capital & Growth
BOFL began its journey in 2023 with a paid-up share capital of ₹2 Crores. With growing trust among members and investors, we aim to expand our share capital to ₹5 Crores by the end of 2026.
BOFL shares have demonstrated consistent growth, with a projected valuation increase of 200% by 2027, reflecting strong member confidence and robust financial management.
Share Value ₹10
Share Value ₹20
Expected ₹30
Projected ₹45
Banking Partners
RBL Bank
For NEFT, RTGS, IMPS & UPI settlements under RBI supervision.
HDFC Bank
Partnered for nationwide ATM withdrawals and account integrations.
YES Bank
For account settlements and payment gateway enablement.
Our Directors
Mr. Rajesh Kumar Sharma
Founder of BOFL Nidhi Ltd, with 20+ years of experience in cooperative finance.
Ms. Pooja Reddy
Oversees BOFL’s accounting, investments, and growth operations.
Mr. Amit Bansal
Heads digital transformation and ensures RBI-compliant systems.
Mr. Suresh Patil
Advises on governance, compliance, and ethical business operations.
Our Members
As of 2025, BOFL Nidhi Limited proudly serves over 25,000+ active members across India. Below are sample registered members for demonstration purposes:
BOFL001234
Priya Sharma (Hyderabad)
BOFL001567
Ramesh Patel (Ahmedabad)
BOFL002001
Ananya Rao (Bangalore)
BOFL002301
Arjun Singh (Delhi)
BOFL002788
Sneha Das (Kolkata)
Support & Compliance
BOFL operates a fully digitized Customer Support & Query Resolution System. Members can raise service requests directly through their online dashboard or mobile portal without branch visits. Each ticket is tracked and resolved by our support team within defined SLA timelines.
We comply with all MCA and RBI guidelines under Nidhi Rules, 2014. All transactions and deposits are securely handled through our banking partners to ensure data integrity and safety.
Vision & Future Project
We aim to become a leading Nidhi company offering bank-like digital experiences while maintaining transparency and member trust. BOFL is in process of applying for an official banking license in the near future to extend more services under RBI supervision.
Our commitment is simple — Trust, Growth, and Empowerment. Every member is an integral part of our story and future.
“यत भावो तत भवति – You Become What You Believe.”