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Nidhi Company Registration

Easy Process & Transparent Fee

A Nidhi company closely resembles an NBFC, however under a Nidhi Company deposits may be accepted from a closed group of persons only called members of the Nidhi Company. We will extend our support in documentation, preparation, filing and subsequent Follow-up with ROC.

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Nidhi Company Registration Online in India
A Nidhi company closely resembles an NBFC; however, under a Nidhi Company, deposits may be accepted from the members/shareholders of the Nidhi Company. A Nidhi Company is registered to borrow and lend to its members to promote the habit of saving money among its members and works on the principle of mutual help. Nidhi companies are very popular in southern states in India. Unlike an NBFC a Nidhi Company is not required to obtain a license from RBI; hence it is easy to incorporate

Wondering How to Start a Business.

Our startup advisors are available to answer all your queries on the requirements, step-wise process, cost and the documents required to set up a business.

Minimum Requirements to Start a Nidhi Company
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Prohibited Activities: Activities like Chit Fund, Hire-Purchase Finance, Leasing Finance, Insurance or Securities Business is strictly prohibited.
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Number of Members: It starts with 7 members as a public limited company, however, to obtain a Nidhi Company Status it needs at least 200 members in a year.
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Capital Requirement: The minimum paid-up equity capital required for Nidhi Company Status is Rs. 10,00,000 help by at least 200 members.
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Unique Name: Name of the company should be unique, and it must not be the same or similar to the name of any existing company or a trademark.
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List of Documents Required For Nidhi Company
A. Documentation of the Company & Promoters B. Documentation for the Company Registered Address
  1. Photo & Identity Proof of Each Promoter
  2. Address Proof of Promoter
  3. PAN Card of Each Promoter
  1. Proof of Registered Office
  2. Utility Bill as proof must be Latest
  3. NOC from the owner of premises

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Digital Signature Of Director
As the application for Company Incorporation is filed online, the process starts with the issuance of Digital Signatures of class two.
  • Digital Signature Of Director

    As the application for Company Incorporation is filed online, the process starts with the issuance of Digital Signatures of class two.

  • Name Approval Of Company

    The name of Nidhi Company must end with “Nidhi Limited” and must be unique and should not be the same or similar to an existing company.

  • Filling For Incorporation

    One single application (spice 32) is filed for incorporation of the company. with the approval of this, the Certificate is Issued.

  • Obtaining The Nidhi Company Status

    The application for Nidhi Status is filed when the net worth of the company is over Rupees Ten lacs and the minimum no. of members are 200.

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