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About us

Welcome to Alagendran Nidhi Limited

Mr.R.Alaghentren, the founder and promoter of Alagendran group of Companies, is the pioneer in retailing and wholesaling of auto spares and accessories and distribution of motor cycles in Tamil Nadu.

Under his able leadership and guidance, Alagendran Benefit Fund Limited was established in the year, 1992. Mr.R.Alaghentren’s rich experience in trading, manufacturing, finance and property development, is vital for managing the administration and finance, sourcing of deposits, recruitment of staff, and statuary compliance. His expertise in timely decision making fosters growth of the fund.

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Years of
Experience

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Branches Spread over Tamil Nadu

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Employees In Over All Branches

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Thousand Members in our portfolio

Notice Board

Opening Our prestigious branch at Namakkal shortly at "Bathri Complex", Rangar Sannathi Street

Our combined workforce across all offices amounts to 131 individuals.

Our Nidhi boasted 63,257 shareholders on 31-03-2025

Our total business stood at around Rs.437 crores on 28-02-2026

We have lent more than 207.71 crores by way of pledged jewels to our members as on 28-02-2026

We have been providing Nidhi services for more than 34 years

Stay Updates With Us

All official announcements and important updates are regularly published here.

Why Us

Vision, Mission & Purpose

Purpose

To gain dominance in market place by acheiving desired size in business volume by way of canvassing deposits from membersand lending the funds by way of jewel mortage loans to the members across Tamil Nadu and acquire remarkable market share by 2030.

Vision

To spread the branches across the state to emerge as a “Best practicing Nidhi” by pursuing global standards in profitability, operational efficiency, higher value creation for Shareholder as a responsive Corporate social citizen by effectively blending the products available at the Nidhi and also to create customer loyalty and employee satisfaction.

Mission

To deliver a seamless customer experience by the most of the advanced technology, dedicated services and honest relationship of our employees and also serve the communities by increasing the habit of savings for mutual benefit among its members..

Member-Oriented Facilities

Reliable Financial Support System

Testimonials

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