Nidhi Company

INR 12,999/-

  • Digital Signature Certificates
  • Director Identification Number
  • Certificate of Incorporation
  • Permanent Account Number
  • TAN
  • Memorandum of Association
  • Articles of Association
  • Government fees
  • 100% Money Back guarantee
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Nidhi Company Registration ?

Nidhi Business is a non-banking organization (NBFC). It is learned to borrow and lend its members money. It instill in its members the tradition of investing and operate under the shared benefit principle. Usually they work in the south of the country. Nidhi Business does not need a reserve bank of India (RBI) licence, so it is simple to develop. He is registered as a public undertaking and should have the last terms of his name "Nidhi Limited."

Operations Banned in the organization Nidhi.

Nidhi Company cannot negotiate with chit funds, hire-buying finances, lending, insurance or shares. It is explicitly forbidden if any other entity but members takes deposits from or lends funds to. It can't even advertise to request a refund. Amount of Members. Number of Members. A Nidhi Business shall be set up by at least seven founders, three of them being the company directors.


Documents Required


Only Scanned Copies are needed, Scanned copy of PAN Card of all directors and Aadhar card/ Voter ID/ Passport/ Driving


Pan Card OR Passport Or Election ID Proof

Scanned copy of PAN Card of all directors and Aadhar card/ Voter ID/ Passport/ Driving License


Latest Bank Statement

Latest Bank statement/ Utility bill in the name of director which should not be older than two months



Latest passport size photograph


Voter ID/Passport/Driver's License

Scanned copy of Any of all these.


Any Utility Bills

Scanned copy of PAN Card of all directors and Aadhar card/ Voter ID/ Passport/ Driving License


Rent Agreement

Scan copy of Rent agreement with NOC from owner



Scan copy of Signature(Signature must be same as on PAN CARD)

How long does it take?

15-20 DAYS


Mandatory Requirement for Nidhi Company Registration


Minimum 7 shareholders


Minimum 3 Directors


Minimum Capital of Rs. 10 lacs


DIN for all directors


Minimum Requirements After Registration


Minimum number of 200 Members (in 12 Months )


Net owned fund must be Rs. 10 Lakh and above


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


Advantages Of Nidhi Or Section 8 Company

Limited RBI Regulations

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 center in respect of the activities and workings of Nidhi Companies.

Sickness Benefit

Limited Capital Requirement

The Ministry of Corporate Affairs has done away with the minimum capital requirement of INR 5 Lakhs for Nidhis. It is only after Nidhi Rules, 2014, that mandated the infusion of INR 10 lakhs for such companies.

Disablement Benefit

Ease of formation

Unlike other NBFCs, Nidhis 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.


The lower rate of credit

The loans given to the members are at a lower rate of interest than the market rate. This brings greater savings to the members.

No intervention

No outsider intervention

The Nidhi companies are formed by, managed by, and provide benefits to their members only. The outsider is not allowed to intervene in the working of the Nidhis, neither allowed to deposit money or avail credit from these companies.


Compare your options

Private Limited Limited Liability Partnership One Person Company Partnership Firm Sole Proprietorship Public Limited Company
Recommended For Start-ups and growing companies Professional services firms Sole promoters Home businesses Small traders and manufacturers Growth Stage and also for early stage with broad business vision
Ease of Accommodating Investment Very easy to accommodate Possible, but unlikely Possible, but severely unlikely Almost impossible Impossible Very easily
Limited Liability Protection Yes Yes Yes No No Yes
Tax Advantages Few benefits Most efficient Few benefits Minimal Minimal Minimal
Perpetual Existence Yes Yes Yes No No Yes
Statutory Compliances High Low High Minimal Minimal Yes
Shares Listing Yes

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