About Kurumbranad Nidhi Limited
Kurumbranad Gold Loan is a gold-backed lending institution that provides financial assistance to customers by accepting gold ornaments as collateral. Our objective is to offer gold loan services tailored to members' financial needs, while prioritising trust, transparency, prompt service, and responsible financial transactions.

A message from our director
Praveen A.V., Director of Kurumbranad Nidhi Limited, on what the company stands for.
Praveen A.V., Director, Kurumbranad Nidhi Limited
Verified company facts
Sourced directly from Kurumbranad's own corporate profile.
- Legal structure
- Nidhi company
- Year established
- 2020
- First branch
- Perambra, Kerala
- Branches today
- 5, across Kozhikode & Kannur districts
Vision
To be a world-class financial institution affording comprehensive and ready access to high-quality financial services and building long-term partnerships with our members. Our success is measured not only in economic terms but by the respect, trust, and credibility we earn.
Mission
To achieve complete customer satisfaction through efficient, professional, and courteous service — and to keep developing practical financial solutions that meet our members' expectations and improve their income and socio-economic standing.
Core values
- Integrity
- Goals
- Innovation
- Quality
- Excellence
A member-centric approach
We aim to treat every member enquiry as a conversation, not a transaction — explaining terms clearly and never asking for more than is required to serve you responsibly.
Board of Directors
Kurumbranad Nidhi Limited is led by a four-member board with backgrounds in export trade, risk management, and banking.

Ranjithkumar Kopparath Balan
Non-Executive Director
- 20+ years of export trading and marketing experience
- Holds an MBA from Calicut University

Praveen Azhikodan Veetil
Director
- Wide experience in risk management
- Holds an MBA from Calicut University
- Started his career with HDFC Bank

Balakrishnan Roshit Komathheethal
Director
- Holds an MBA from Calicut University
- Began his career with the Kuwait Army
- Joined the Kurumbranad Group in 2020

Vibeesh Meethale Vattakkandi
Director
- Holds an MBA from Calicut University
- Started his career with ICICI Bank
- Joined the Kurumbranad Group in 2020