As per MCA guidelines, Nidhi Company Registration is ideal for businesses promoting savings and lending among members.
As per MCA guidelines, Nidhi Company Registration is ideal for businesses promoting savings and lending among members.
Fill up the below mentioned form and our experts will connect with you shortly to guide you through the complete registration process.
A Nidhi Company is a type of Non-Banking Financial Company (NBFC) that is formed to promote the habit of savings among its members. It operates on the principle of mutual benefit, where members contribute funds and can also avail loans within the group. This structure is mainly used for encouraging financial discipline and supporting small-scale financial needs.
Nidhi Companies are regulated by the Ministry of Corporate Affairs (MCA) and do not require direct approval from the Reserve Bank of India (RBI). They are easy to set up, have simple compliance requirements, and are considered a low-risk business model as they deal only with their registered members.
| Documents Required |
|---|
| PAN & Aadhaar of Directors |
| Address Proof |
| Photographs |
| Registered Office Proof |
| NOC |
Fill up the below mentioned form and our experts will connect with you shortly to guide you through the complete registration process.
A Nidhi Company is a type of NBFC that encourages savings among its members and provides loans within the member group.
| Documents Required |
|---|
| PAN & Aadhaar of Directors |
| Address Proof |
| Photographs |
| Registered Office Proof |
| NOC |
A Nidhi Company is a type of NBFC registered under the Companies Act that promotes savings among members and provides loans only to its members.
A minimum of 7 members is required to start a Nidhi Company, along with at least 3 directors.
Yes, a Nidhi Company can accept deposits, but only from its registered members.
Nidhi Company registration usually takes 10–15 working days, depending on document verification and approvals.
No, Nidhi Companies do not require direct RBI approval, but they must follow MCA rules and regulations.
A Nidhi Company is a type of NBFC registered under the Companies Act that promotes savings among members and provides loans only to its members.
A minimum of 7 members is required to start a Nidhi Company, along with at least 3 directors.
Yes, a Nidhi Company can accept deposits, but only from its registered members.
Nidhi Company registration usually takes 10–15 working days, depending on document verification and approvals.
No, Nidhi Companies do not require direct RBI approval, but they must follow MCA rules and regulations.
