- NIDHI
- COMPANY
- REGISTRATION
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Thank you for considering our services. Our expert team will assess your Nidhi Company's needs and provide tailored, high-quality solutions to exceed your expectations. Trust us to guide you towards success.
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You have two payments to make using Easy Payment. The first payment is for starting the process of registering your company. The second payment is for after getting your digital signature certificate (DSC).
Nidhi Companies can be incorporated as public limited company, But it’s not needed to acquire an RBI License.
A Nidhi Company can provide Loans and accept deposits, with its member
As Per Nidhi Rules 2014 the minimum capital requirement to register a Nidhi Company is Rs.10 lakhs only
All you need are seven member, are a few basic documents to incorporate a company with the MCA.
Operation Remain uninterrupted during the death, insolvency insanity or retirement of any member, due to the practice of perpetual succession
No RBI Requirement
Nidhi Company do not require RBI registration to do loan business in India
Branches for Nidhi
Nidhi Company can open 3 branches after 3 years within the district.
Loan against security
Nidhi Company can lend only against gold, property, FD, Govt securities.
Interest on loan
Nidhi Company can earn max 20% interest on loan on reducing balance method.
Interest on deposits
Nidhi Company can accept FD, RD & savings and can earn 12% rate of interest
Lowest Price
Nidhi Company Registration at just ₹16,899/- (lowest price across web)
A Nidhi Company is classified as a “Non-Banking Financial Company (NBFC)” and does not necessitate a license from the Reserve Bank of India (RBI). Its primary objective is to accept deposits and extend loans exclusively to its members, operating exclusively through its members.
Typically, it takes approximately 15 business working days to complete the incorporation process for a Nidhi Company.
Indeed, it is mandatory to include the term ‘Nidhi Limited’ in the company name when establishing a Nidhi Company. However, the term ‘Mutual Benefit’ can also be used in conjunction with it if desired.
For the registration of a Nidhi Company, a minimum of three directors and seven shareholders is indeed required.
In the context of a Nidhi Company, a minor individual, who is below the age of 18, is not eligible to become a director. Only individuals who are 18 years old or older are permitted to serve as directors of a Nidhi Company.
There is typically no restriction on the maximum number of members in a Nidhi Company. However, it is mandatory for a Nidhi Company to have a minimum of two hundred members within one year of its establishment.
No, there is no requirement for the promoters to be physically present or visit our office in person, as the registration process for a Nidhi Company is entirely conducted online.
ETaxwala Business Solutions Pvt Ltd is India’s largest cloud-based business service platform that is completely dedicated to helping Entrepreneurs easily start and grow their business at an affordable cost. We commenced in 2015 April with a mission of making the setting up of business easier for entrepreneurs. We have helped lakhs of businesses by offering a range of business services right from incorporation to managing the compliances. We aim to help the entrepreneurs with legal as well as regulatory requirement and be a guiding partner throughout the business lifecycle. We will offer support and guidance at every stage to ensure that the business is compliant with the regulations and is continually growing.
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