NIDHI COMPANY REGISTRATION
Get Started @ Rs.0 for Our Expert Consultation Session
Our Nidhi Company Registration Packages Includes
| INCORPORATION CERTIFICATE |
| Company MASTER DATA |
| Company PAN |
| Company TAN |
| Company MOA |
| Company AOA |
| DIRECTOR IDENTIFICATION NUMBER (DIN) |
| DIGITAL SIGNATURE (DSC) |
| Company EPFO,ESIC REGISTATION |
| Company MSME REGISTRATION |
| Company SHOP ACT |
Get Your Nidhi Company Registered Online For ₹ 30,000/- Only
4 Easy Step To Register Your Nidhi Company
1
Fill The Form
Once you submitted the above form, you will be qualified to Get a Free Expert Consultation Session & you will be receiving a Call from Our Expert, Quotation Instantly.
2
Evaluation With Our Professionals
We will Evaluate your Nidhi Company requirements.
3
Online Documentation
Our Experts will Collect the required Documents Online.
4
Checkout – PAY REAL FEE ONLY
Many online Search results may mislead you with wrong details of Government Fee. Only Registerkaro provides 100% Transparent Fee Quote Online. See the “REAL GOVERNMENT FEE” for Company Registration. Provide your details in the form above and you will be getting instant quotation through E-mail & Whatsapp.
Nidhi Company Registration
Are you preparing to get ready to commence a finance business without too much capital investing? If your answer is yes, then Nidhi company is the best choice. Nidhi Company is one kind of Non-Banking Financial Company (NBFC) which is an excellent choice of company for individuals looking to save money and lead a careful business and life. So, it is always better to undergo Nidhi Company Registration online
What is Nidhi Company and how it works?
Nidhi Companies belong to the Non-banking financial companies structure. Registering a Nidhi Company allows a Nidhi to borrow from its members and lend to the members.
Nidhi Companies are registered in India are created to cultivate the habit of thrift and savings among its members. The funds that are contributed to a Nidhi Company are only from its members.
For Incorporating a Nidhi Company, no license is required from the Reserve Bank of India. Hence, the formation of the Nidhi Company is easy. Nidhi Companies are registered as Public Companies and should have Nidhi Limited at the last of the name.
It should also be noted that the Nidhi Companies fall under the purview of the Reserve Bank of India as the functioning of Nidhi Companies is similar to NBFCs.
Advantages of Nidhi Company Registration
Limited RBI regulatory compliance
Nidhi Companies can be incorporated as Public Limited Companies. But it’s not needed to acquire an RBI license to operate.
Less Risky proposition
A Nidhi Company can provide loans and accept deposits, with its members only.
Limited capital requirement
As per Nidhi Rules, 2022, the minimum capital requirement to register a Nidhi Company is Rs. 20 lakhs only.
Simple Procedure
All you need are seven members, and a few basic documents to incorporate a company with the MCA
Uninterrupted Operations
Operations remain uninterrupted during the death, insolvency, insanity or retirement of any member, due to the practice of perpetual succession.
Nidhi Company Key features
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)
Documents Required For Nidhi Company Registration
PAN Card – PAN Card of shareholders and Directors.
Foreign nationals must provide a valid passport.
Director’s Address Proof – Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors.
Note – In case of NRI or Foreign National, documents of director (s) must be notarized or apostilled
Frequently asked questions
What is Nidhi Company ?
A Nidhi Company falls in the category of “Non-Banking Financial Companies (NBFCs)”, which does not require any license from the Reserve Bank of India (RBI). It is formed for the sole purpose of accepting deposits and lending loans to it’s members only. It works through it’s members only.
What is the time period taken for setting up of a Nidhi Company?
Approximately, a time period of 15 business working days is needed for incorporating a Nidhi Company.
Is it mandatory to use the word 'Nidhi Limited” at the end of the company name ?
Yes, it is mandatory to use the word ‘Nidhi Limited” in the company name. Nevertheless, the term ‘Mutual Benefit” can also be used.
What is the least number of individuals required to start a Nidhi Company?
At least three directors and seven shareholders are required for a Nidhi Company registration.
Can a minor person become the director of a Nidhi Company?
No, a minor person is not allowed to become the director of a Nidhi Company. Only an individual who is 18 years old or more can become the Director of a Nidhi Company.
Is it mandatory for the promoters to be there before the Authority for the purpose of Registration?
No, there is no need for the promoters to be there or to visit our office personally, as the registration process of Nidhi Company is completely online.
Is there any restriction on the maximum number of members in a Nidhi Company?
No, there is no restriction on the maximum number of members. However, it is compulsory for a Nidhi Company to have a minimum of two hundred members within one year of commencement.
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