A finance business that cultivate the habit of thrift and saving among its members. Register the common used finance business with the help of experts in Nidhi Company Registration:

INR 27,499 24,499/- including Govt. Expenses Hurry Up!!! Get it now or never in this price.

Add to cart

Package Inclusions:

  1.  Free Incorporation Advisory by expert Chartered Accountant

  2.  DSC of Seven Directors

  3.  DIN of three Directors

  4.  Name Reservation of Nidhi Company

  5. Central Govt. License

  6.  MoA & AoA

  7.  Company PAN & TAN


(Don't worry! your information is secured.)

(We'll call you during office hours only.)


Nidhi (Hindi: fund) Company is a type of loan Company, recognized under Section 406 of the Companies Act, 2013, governed by Nidhi Rules, 2014, and exempted from the stringent regulatory compliances of other NBFCs. Only members of the company can make deposits and take loans amongst themselves, so it serves as a mutual benefits society in the form of a company. The objective of a Nidhi company is to promote a habit of thrift among its members and reserve funds for mutual benefit. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company.

They are regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to them in matters relating to their deposit acceptance activities. They are incorporated as a public limited company and hence, they have to comply with two set of norms, one of Public limited company as per Companies Act, 2013 and another is for Nidhi rules, 2014. Every Nidhi shall, within a period of one year from the commencement must ensure that it has not less than 200 members.

At the time of incorporation, a Nidhi Company is required to have at least 3 directors and 7 shareholders/ members as it is a type of public Company. It also requires an initial paid-up equity capital of only Rs. 5 Lakhs. A Nidhi Company can operate from more than one branch after 3 years and also from different districts after getting RD approval.

Complykart is the Industry leader in Registration of different businesses, Accounting and Compliance management. With a team of expert professionals, ComplyKart offers exceptional services within short time in economical price. Get a free consultation for Nidhi Company registration and business setup in India by scheduling an appointment with our expert professionals.

Main Highlights of Nidhi Company

  1. Nidhi Company is the lowest expense loan Company as compared to NBFC & other loan Companies
  2. Nidhi Company is regulated under Companies Act, 2013, o need to follow stringent RBI rules for Nidhi Companies.
  3. Nidhi Company can earn maximum interest of 20% on loan at reducing balance method.
  4. Nidhi Company can accept deposit upto 20 times of its net worth.
  5. Nidhi Company is allowed to lend only against gold, property, FD, Government Securities
  6. Nidhi Company can open 3 branches within the district of its operation.
  7. Nidhi Company must add minimum 200 members within 1 year of its incorporation.
  8. A Nidhi Company cannot carry om a business of chit funds, hire purchase finance, leasing finance etc.

Advantages of a Nidhi Company

Easy to Set-up & Operate

Nidhi Company can be set up as a normal Company. Approval is not required to be obtained from any authorities. A Nidhi Company can be setup in 15 days from submission of documents.

Separate Legal Entity and Perpetual Existence

Being a public company, Nidhi Company is a juristic person that can own property and incur debts in own name. Its legal existence continues even in the event of death/incapacity of any of its directors or members, until it is legally dissolved.

Ease of Borrowing and Raising Funds

In a tight-knit group like a Nidhi Company, it is easier to raise funds, borrow and lend, as compared to a bank and more structured as compared to an informal setting.

Ease of Borrowing and Raising Funds

In a tight-knit group like a Nidhi Company, it is easier to raise funds, borrow and lend, as compared to a bank and more structured as compared to an informal setting.

Encourages Savings

Since it is a mutual benefit society, members are encouraged to maintain a thrifty lifestyle in order to maximize savings. This is one of the major motivations of setting up a Nidhi Company.

Limited Liability

Nidhi Companies are registered as public limited companies, they have all the features of the latter, including limited liability, which implies that any member of the company is not personally liable for any damage inflicted by another member or an external circumstance, which leads to losses, financial or otherwise. Only the assets of the business are at risk.

Steps for registration the Nidhi Companys

  • 1

    Furnish the Pre-requisites

    The documents, as explained by our experts should be readied before starting the registration process. This includes a registered office address with documentary proof.

  • 2

    Obtain a Digital Signature Certificate (DSC)

    All document submissions are done electronically and hence every company must obtain a Digital Signature Certificate (or DSC), which is used to verify the authenticity of the documents.

  • 3

    Naming the Company

    Application for name reservation can be made at the MCA. Subject to availability, naming guidelines and MCA processing time, name approval can be obtained in 2 to 5 working days. The name must end with “Nidhi Limited”.

  • 4

    Company Registration

    Apply for license and obtain certificate of incorporation (COI) for Section-8 Company followed and also includes PAN and TAN. This process typically takes 10 working days.

Documents Required for Registration

  • PAN is mandatory for Member and Nominee.
  • Notarized copy of Passport for Foreign Nationals
  • Reservation of Application of name in RUN Form
  • Identity Proof of Member and Nominee
  • Address Proof of Member and Nominee
  • Copy of Proof of Registered Office Address
  • Written Consent o0f Nomine in Form INC-3
  • If the place is rented, the No objection certificate from the landlord is required.
  • How Complykart helps in this Entire Process


    Our Nidhi Company Incorporation experts will provide you best consultancy on Registration procedure and the required documents to be provided.

    Help in preparing Relevant Documents

    We help our clients in preparation of application and necessary documents to be presented to Registrar for Registration.

    Filing of Document with Registrar

    We will fill the e-Form INC- 32, MOA & AOA along with necessary documents required for getting the approval which is obtained within 10 -12 days.


    Our experts continuously follow up with the development with the Authorities and ensure speedy registration process.

    Frequently asked Questions

    What is the objective of a Nidhi Company?+
    What is the advantage of a Nidhi Company?+

    Select Services

    • complykart
    • complykart
    • complykart
    • complykart
    GST Consultation

    Get free consultation on GST Registration and Returns from a ComplyKart Professional.

    Let's talk!

    Learning Center

    Appointment of Managing Director Process And Draft
    04-10-2021 08:20

    As we Know, a Company is a legal person, which is managed and controlled by group of individuals called board of directors. Among the directors, an individual appointed to handle various important work, fulfil stakeholder’s expectation and maximise the wealth of the company

    Post Incorporation Compliance Of Newly Formed Companies
    04-10-2021 08:19

    In today’s scenario incorporation process of company has become easier under ease of doing business but after the incorporation some mandatory compliances has to be followed by companies under Companies Act, 2013. Every Company has to know and must followed the compliance un

    Most important clauses of a Shareholders Agreement
    18-09-2021 05:13

    A Shareholders Agreement (SHA) is vital for the long-term growth of company because it not only contains the relation between shareholders but also the necessary obligations. In general, having a Shareholders Agreement seem not necessary but once difference of

    Our Clients

    •  BB-vines Logo
    • Bajaj Logo
    • Dhampur
    • Quatrro Logo
    • MenuWings Logo
    • floly Logo
    • hidigits Logo
    • complykart
    1 2 3 4 5 6 7 8

    Lets schedule a meeting

    Experienced Professionals

    Our professionals are well experienced and committed to challenges and innovation to tackle.

    Service with Smile

    Our priority is to offer services at the best possible price and built a strong relationship. We surely bring a smile on your face by giving something extra.p>

    We are there at every step to make sure that you have the resources at hand to service your companies ongoing needs.

    Need Help? Chat with us