Nidhi Company

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A Company incorporated with objective of developing the habit of saving and service funds among of members and also receiving deposits and lending of its members. Nidhi Company is also known as Mutual Benefit Finance Company or Nidhi Bank. Starting a Nidhi company is one of the best options for people who want to commence a finance business with low capital investment.

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Advantages of Nidhi Company

  •   Cost efficient registration-Pocket friendly cost
  •   Very Easy formation-Easy & less complexity
  •   No RBI Regulations – less compliance
  •   More Certainty in Nidhi company-Promote habit of Savings
  •   Less level of Risk – non- payment loans
  •   Net owned fund- Invest one get twenty

Documents Required for Nidhi Company Registration

For all Directors

  •   Self-attested copy of PAN Card
  •   Self-attested copy of Driver’s License/ Voter ID/Passport
  •   Self-attested copy of Bank Statement/ Telephone Bill/Mobile Bill/ Electricity Bill
  •   Passport-size Photograph
  • For Registred Office

  •   Proof of registered office (Electricity)
  •   Copy of rent agreement (If rented)
  •   NOC from the owner of the property

Process to form a Nidhi Company


5 Easy Steps


Obtain DSC


Reserve Your Company Unique Name


Submission of MOA & AOA


Get Company’s Incorporation Certificate


Get Company’s PAN & TAN

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Frequently Asked Questions

On Naming of Company in India

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