Nidhi Company Registration

Ideal for Lending and Borrowing amongst members


Get Online Registration starts @ Just Rs
Takes 30-45 working days

Chat On Whatsapp

Nidhi Company

Nidhi Company Registration

Nidhi Companies in India are established to promote the habit of thrift and savings among their members. These companies are permitted to borrow from and lend to their members, with funds coming exclusively from the members (shareholders). As a result, Nidhi companies primarily serve to foster savings practices within a specific group of individuals.

Nidhi Company

Better Option For Savings
Less Regulations
Limited Liability

Documents Required

Passport Sized photographs of all the directors.
ID proof of all the designated directors and shareholders. (PAN card and Passport are valid).
Address proof of all the directors and members (Ration Card, Aadhaar Card, Passport, Voter ID, and Utility Bill – electricity/water/mobile).
Address Proof of the Company. Make sure that the address proof is not older than 2 months.
Copy of the Property papers (if the property is owned).
NOC (No-Objection-Certificate) from the owner (if the property is rented)

Pricing

Bronze

Rs. 30000
  •     3 Class 2 Digital Signature
  •     3 Director Identification Number
  •     RUN Name Approval
  •     Incorporation certificate
  •     PAN and TAN Application
  •     Udyog Aadhar Registration
Get Started

Silver

Rs. 32000
  •     3 Class 2 Digital Signature
  •     3 Director Identification Number
  •     RUN Name Approval
  •     Incorporation certificate
  •     PAN and TAN Application
  •     Udyog Aadhar Registration
  •     GST Registration
Get Started

Gold

Rs. 60000
  •     3 Class 2 Digital Signature
  •     3 Director Identification Number
  •     RUN Name Approval
  •     Incorporation certificate
  •     PAN and TAN Application
  •     Udyog Aadhar Registration
  •     GST Registration
  •     Professional Tax Registration
  •     Accounts Finalisation and Income Tax Return
  •     ITR Filing and GST Return filing
  •     All CS Compliances
Get Started

Procedure

Form Icon

Fill Simple Online Form

You are required to place the Enquiry and fill your details in our simple questionnaire

Verification Icon

Verification of documents

You can submit the documents by email or whatsapp and we will verify the same

DSC Icon

DSC Application

Obtain DSC and DIN (Director Identification Number) for OPC

Approved Icon

Verification and Name Approval

We will verify the documents and then we shall apply for LLP Name approval

ROC Icon

Submission to ROC

We will submit the documents to ROC and get your Nidhi company registered.

Completion Icon

Application for PAN And TAN

We will make application of PAN And TAN with NSDL

FAQ's

1. Who can get Nidhi Company Registration?

The Nidhi company must be registered as a Public Limited Company, under the Companies Act, 2013. This essentially means that there are at least 3 Directors and 7 Shareholders. Further, its MoA (Memorandum of Association) must state that the main objective of the proposed company is to promote thriftiness and a habit of savings among its members.

2. What is the maximum limit of saving bank account?

The maximum balance in a savings account of one member of a Nidhi company should not be more than Rs. 1 lakh. The maximum rate of interest that can be paid on any deposits should not be more than 2% above the rate of interest payable by nationalized banks, on such deposits.

3. How many directors are required in a Nidhi Company?

A Nidhi can be incorporated with a minimum of 3 directors and a maximum of 15 Directors.

4.What are the rules after Nidhi Company Registration?

Once Nidhi Company has been registered, it must meet the following requirements within 1-year:
1. Register at least 200 members.
2. Maintain minimum net owned funds (NOF) of Rs. 10 Lakh.
3. Maintain NOF to deposit ratio of 1:20.
4. Of all the outstanding deposits, at least 10% must be unencumbered term deposits.

5. What restrictions are there for Nidhi Company?

• Nidhi Company is prohibited to engage in chit funds, insurance, leasing finance or acquisition of securities issued by any Body Corporate.
• Nidhi Company cannot issue preference shares, debentures or any other such instrument.
• It cannot accept deposits nor lend money, other than its members.
• These companies cannot pay any incentive for mobilizing deposits.