Nidhi Company Incorporation within 10 days

Nidhi Company is basically a NBFC (Non Banking Financial Company). The word ‘Nidhi means’ funds. It is a hindi word. In India, Section 406 of the Companies Act 2013 and Companies (Nidhi Companies) Rules, 2014 governs the procedure for Incorporation Process of a Nidhi Company. Nidhi Companies deals with lending and borrowing of funds to its members. It can lend money only to its members. In South India such types of companies are more in vogue. RBI has been discretionarily empowered in India to issue direction to such Companies for matters relating to acceptance of deposits from the members. Nidhi Companies are not allowed accept deposits other than its members.

Incorporation of a Nidhi Company requirements

Requisites before Incorporation process

  • Members : Minimum 7 members are required.
  • Director: Minimum 3 Directors
  • Capital : Minimum capital adequacy required to start a Nidhi Company is Indian_Currency_Rupee_New_Sumbol.png 10,00,000
  • DIN : For 3 members.
  • DSC : Digital Signature Certificate for 3 Directors

Requisites after Incorporation Process

  • Minimum members: Minimum 200 members
  • Net owned Funds: Indian_Currency_Rupee_New_Sumbol.png 10,00,000
  • Minimum net owned funds to deposit ratio: 1:20

Advantages for Incorporation of a Nidhi Company

  • Less Legal Compliance with Registrar of Companies
  • The liability of such Company is limited
  • Taxation benefits
  • Minimum documentation and formalities part for loans.
  • Loans are lended or borrowed only between members of the Company

Documents required

Note : As per Companies Incorporation rules Telephone bill, Mobile Bill or Electricity bill shall not be older than 2 months. (It should be latest)

What We Offer

What We Offer

Name Approval

Certificate of Incorporation


PAN Registration

TAN Registration

Digital Signature

Procedure for Incorporation of the Nidhi Company


Digital Signature

DSC for Directors is mandatory


DIN Application

Making online Application to opt for DIN i.e Directors Identification Number


Name Approval

Making Application for proposed name of the Nidhi Company from Options given by directors


Submission of Documents

We will prepare all the documents on your behalf and file the same withe the Registrar of Companies and take routine follow up with the officers.


Start up a Company

Once Certificate of Incorporation is opted, the directors can commence its business

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    FAQ's - Nidhi Company Registration

    What is a Nidhi Company?
    A Nidhi Company means a company which is similar to NBFC (Non Banking Financial Company) but the major difference is it lends money only to its members or borrow money only from its members. Also it can accept deposits only from its members.
    How many members are required for incorporation of a Nidhi Company
    Minimum 7 members are required to incorporate a Nidhi Company of which atleast 3 should be Directors.
    Who is the Governing Authority for Nidhi Companies in India
    Nidhi Companies fall under the ambit of two governing laws-
    • Companies Act, 2013 & Companies (Nidhi Companies) Rules, 2014
    • RBI Directives governing NBFC (Non Banking Financial Institution)
    After Incorporation of a Nidhi Company are there any other requirements?
    When a Nidhi Company is incorporated since from the date of incorporation within a period of one year it must
    • Have atleast 200 members
    • Minimum Net owned funds (NOF) of ₹ 10,00,000
    Are there any Statutory Complaince to be complied on part of Nidhi Company with Ministry of Corporate Affairs
    Yes. Returns of Statutory compliance is required to be filled in form NDH-1 and half yearly return in form NDH-3.

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