NIDHI COMPANY REGISTRATION

Start your Nidhi company registration by just paying Rs 5000/-. Get best Nidhi company registration consultant with us and grow your lending business.

nidhi company

From ₹ 15999 /- all inclusive fees
EMI: ₹1599 for 12 months*

Nidhi Company Registration Online

Nidhi Company registration process is a very old concept which allows a company to accept deposit from members and provide loans to its other members and charge some interest form members in the form of nosiness. It generally follows the principle of mutual benefit or mutual assistance that fund should be raised from members and it should be utilized to provide loan to other members

1) Nidhi Company is regulated by two authorities one is Ministry of company affairs and the other one is RBI, who regulate and watch dog of financial activity perused by the Nidhi company.

2) A Nidhi company can give loan to its members for minimum period of 6 months and maximum 5 years.

3) There are minimum seven members required for forming Nidhi Company, but Nidhi Company should accumulate 200 members in one year after its formation if he fails to do, then RBI can grant extension of time to raise the member up to 200.

4) The minimum capital required for forming Nidhi Company is 5 lakhs and apart from this they also deposit 10 % of its total deposit from members in nationalized bank as a security.

Some reasons for Nidhi Company

No RBI Regulations

Nidhi company no need to take any permission from RBI for starting lending business. Nidhi company works as a small bank with some restrictions. But the best part of this company is that we dont need any RBI permission. Only Nidhi rules 2014 are applicable on the nidhi company.

Limited Capital Requirement

For Nidhi Bank registration, members only need capital of Rs 5 lakh in starting and this capital need to increase upto 10 lakh within One year from the registration of Nidhi Company. We can directly start our company from 10 Lakhs.

Easy to Register

Like NBFC company we dont more amount to register Nidhi company, We dont need high capital and more time to register a Nidhi company. Capital of Nidhi company to be maintain as per the nidhi rules 2014 prescribed and changed time to time by the ministry of corporate affairs.

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 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.

PAN card

Individual PAN card of all directors and shareholders are required for registration. In company separate PAN card will applied by us at the time of Company registration.

Adhaar Card

For Company registration we need Adhaar card of all directors and shareholders.

One documents from the option is required (Voter ID/ Driving licence/ Passport)

Additional Address proof

One document from the option is required (Bank statement/ updated bank passbook/ Utility bill )

Company address proof

Any utility bill like electricity bill or water tax bill is required, in case property is rented in than rent agreement with owner is required.

Yes you can open your branches but the only condition is at least 3 branches are already open in a district in which your registered office reside , then you can open other branches in different district but a prior intimation of 30 days is need to send ROC.
If you does not comply the condition of admitting 200 members in one year, then you can apply to ROC for time extension.
No, only members can contribute its capital, outsider are not allowed, to contribute its capital.
Any person can become member and lends its money, or give deposit, but a corporate cannot become member.
A Nidhi company can accept deposit 20 times of its net owned assets as per last balance sheet.
For the Nidhi company registration process we need seven members, in which at least three two be a director and remaining to be a normal shareholder of the Nidhi Company
No need to be physically present at the time of registration process of Nidhi company. We will sent you documents for sign on mail. Client need to sign the documents and forward scanned copy on mail for further process.
SIMPLE & TRANSPARENT PRICING

silver

15999/-
all inclusive fees

Nidhi company registration including 7 DSC and 3 DIN, 1 name approval, PAN and TAN, support up to bank account opening , includes all government fees and stamp duty

gold

21999/-
all inclusive fees

Nidhi company registration including 7 DSC and 7 DIN, 1 name approval, PAN and TAN, support up to bank account opening , includes all government fees and stamp duty and share allotments

platinum

35000/-
all inclusive fees

Nidhi company registration including 7 DSC and 7 DIN, 1 name approval, PAN and TAN, support up to bank account opening , includes all government fees and stamp duty and share allotment for 200 shareholders, Trademark application

How Ovakil help in Nidhi Company registration ?

Ovakil helps you in Nidhi Company registration, it usually take 10 - 15 days for all process.

Free Consultation

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Company Incorporation certificate

We will provide company incorporation certificate after all process, this certificate is important for every company and required as a proof of company registration.

Director DSC and DIN

Every director needs digital signature and director identification number (DIN) for company registration, we will provide all DSC and DIN

PAN and TAN

Permanent account number (PAN) and Tax allocation number (TAN) will be provide by us in this registration.

MOA and AOA creation

Memorandum of association (MOA) and Article of association (AOA) will prepared after understanding your business needs.

Why to Choose Ovakil

10+ Years Expirience
Pay With EMI Option
Online Tracking
24x7 Support
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