Travancore Urban Nidhi Ltd. (TUNL) is a newly established Nidhi company, in the year 2020 under The Central Government of India (section 406 of The Companies Act 2013) at a rate of interest prescribed by The Reserve Bank of India. Under its principles, a company is incorporated as Nidhi with the motive of cultivating the habit of thrift saving amongst its members by receiving and lending deposits to its members for his or her mutual benefit.