The Kilpauk Benefit Saswatha Nidhi Limited (KBS) was established in the year 1975 with the motive of inculcating the habit of saving and investment among all classes of people as its Members, so that the amount pooled could be lent to the needy Members on the security of movable or immovable assets at a reasonable rate of interest.
THE KILPAUK BENEFIT SOCIETY PRIVATE LIMITED (KBS) was incorporated on 25 January 1975 under the Leadership of its founding fathers Dr. B.M. SUNDARAVADANAN, Dr. K. THULASI NAIDU and Sri. M.A. GOPALAKRISHNAN whose far-sighted ideals and hopes have been realised in the past 45 years to provide service to its members with a tagline “ A SYMBOL OF SECURITY”.
Our establishment was notified by the Government of India as a Nidhi Company and the name was changed to “ THE KILPAUK BENEFIT SASWATHA NIDHI LIMITED” as per the Nidhi Rules 2014 and continues its business activities under the above name to serve its members at large.
KBS started its business with great enthusiasm and dedication which made the Company one of the leading Nidhi Companies in Chennai. The Registered Office is functioning now at its spacious owned premises at Kilpauk since June 1988.
Read MoreDr B.M.S, who was our first President was 1926 alumnus of Madras Medical College and went on to complete his FRCS in England.
View moreA Medical practitioner who worked in Sundaravadanan Nursing Home for more than four decades and was well known for his punctuality and honesty.
View moreHailing from agriculture background,he went on to start his own transport business and later on expanded it in to brick manufacturing..
View moreThe Kilpauk Benefit Saswatha Nidhi Limited has dedicated and well experienced Board of Directors from various fields regulating the company's prosperity by collectively upholding the appropriate interest of the stakeholders. Two of its Directors-Trustees manage the day-to-day activities ensuring better functioning of Head office and Branches.
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