Nidhi Company


A Nidhi Company Now

@18,999.00 All inclusive. No hidden charges

Advantages Of Nidhi Company

Nidhi company is one of that…..

Registration Time

Company Registration in just 25-30 Days

Documents Required

List of Documents / IDs for registration

What is Nidhi Company ?

A Nidhi company is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company.

Advantages Of Nidhi Company

Separate Legal Entity

A Nidhi company is a legal entity and a juristic person established under the Act. Therefore, a Nidhi company has a wide legal capacity and can own property and also incur debts. The members (Directors) of a Nidhi company have no liability to the creditors of a Nidhi company.

Ease of formation

Unlike other NBFCs, Nidhi’s don’t have to obtain a license from RBI. They just have to incorporate themselves as a public company with the MCA, infuse the required amount of capital as per Nidhi Rules, 2014 and they are all set to go.

Limited RBI Regulations

Owing to their non-dealing with the funds of any person other than their members, the regulations imposed upon the Nidhi’s by RBI is limited. These companies follow the Nidhi Rules, 2014 issued by the centre in respect of the activities and workings of Nidhi Companies.

Uninterrupted Existence

A Nidhi company has ‘perpetual succession’, that is continued or uninterrupted existence until it is legally dissolved. A Nidhi company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership.

Help in channelizing small savings

The main aim of such companies is to promote the habit of saving and thrifts among lower and middle section of the society. These small sections of the population contribute to the funds of and avail credit from Nidhi companies.

Requirements Before Incorporation:

1. Minimum 3 Directors

2. Minimum 7 Shareholders

3. Minimum Capital Requirement 10 lacs

4. Din for all Directors


Requirements After Incorporation:

1.Minimum no. of 200 shareholders

2.Net owned Fund shall not be less than Rs. 10 Lacs

3.Unencumbered deposits of not less than 10% of the outstanding deposits

4.Net owned funds to deposits ratio should be more than 1:20

Procedure for Nidhi Company Registration

  • 1.Complete our registration form:


    You need to fill our registration form and submit the required documents

  • 2. Verification and Name Approval: 3 working days


    We will verify and then apply for the name approval. One time one name shall be applied.

  • 3. Get DIN and DSC: 2 working days


    After applying the name approval we will make DIN and DSC

  • 4. Documents Submission: 3 working days


    After name approval and allotment of DIN and DSC you need to sign some documents to proceed the final steps for incorporation

  • 5. Company approval: 10- 15 working days


    Once all documents submitted to the ROC. ROC will verify the documents and issue certification of incorporation

  • 6. Your work is completed:


    Once your company is incorporated, we will send you the Company kit includes COI/ MOA/ AOA and DSC

Procedure for Nidhi Company Registration

1.Complete our registration form:

You need to fill our registration form and submit the required documents

2. Get DIN and DSC: 2 working days

After submitting all the required documents, we will make your DIN and DSC

3. Verification and Name Approval: 2 working days

We will verify your details and then apply for the name reservation form.

4. Documents Submission: 3 working days

Once you get the name approval, you need to sign some documents to proceed for the final incorporation step

5. Company approval : 10 – 15 working days

Once all the documents are submitted to ROC your company will be approved by MCA

6. Your work is completed:

Once your company is incorporated, we will send you the Company Kit includes MOA/AOA and DSC’s.

Registration Of Nidhi Company @18,999.00

* Stamp duty Extra for States: Punjab, Kerala, Madhya Pradesh
* Charges extra for NRI/Foreign Directors, or Foreign shareholding companies.


ID Proof

PAN Card

Address Proof

Utility Bills Or Election ID Or Driving License

Passport Size Photo

Passport Size Photo

Registered Office

NOC From The Owner With Utility Bills With Rent Agreement Or Registry Proof Or House Tax Receipt

Frequently Asked Questions

  • What are the requirements for registration of a Nidhi Company?

    1. Nidhi company must be a public company having a minimum paid up capital of Rs 10,00,000.
    2. Minimum 3 directors and 7 shareholders required for Incorporation of "Nidhi company".
    3 It must also ensure that the ratio of net owned funds to deposits is not more than 1:20.
    4 The name must have "Nidhi limited".
    5 The objective of Nidhi company must be to cultivating the habit of thrift and savings among its members.

  • What are the restrictions of a Nidhi company?

    According to the Nidhi rules no Nidhi shall :
    1 Carry on the business of chit funds, hire purchase finance, leasing finance;
    2 Issue any preference share, debentures or any other debt instrument by any name or in any form whatsoever;
    3 Open any current account with its members;
    4 Acquire another company by purchase of securities or control the composition of board of directors of any other company in any manner;
    5 Enter into any partnership agreement in its borrowings or lending activities;
    6 Take deposits from or lend money to anybody corporate;
    7 Issue or cause to be issued any advertisement in any form for soliciting deposit;
    8 Must not pledge any of the assets that have been lodged by its members as security.

  • How many branches a Nidhi company can open?

    Nidhi company can open maximum 3 branches within its district only when Nidhi company have earned profits in previous 3 years continuously. However, Nidhi company cannot open any branch outside the district without prior approval. There is also prohibition to open any branch outside the "STATE".

  • What is the maximum interest rate that can be charged by Nidhi Company on loans?

    Nidhi Company can charge 7.5% more than it is paying on deposits. E.g. If Nidhi Company is paying 11% on Fixed Deposits, then the maximum interest rate on loan can be charged at 18.5%.

  • How does the Nidhi Company use the fund/deposit procured by it?

    Nidhi company uses their funds to lend the money to its members only. These small sections of the population contribute to the funds of and avail credit from Nidhi companies.

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