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.
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.
silver
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
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
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.
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
