Nidhi Company

Nidhi Company is a type of Non-Banking Financial Company (NBFC). It is formed to borrow and lend money to its members. It inculcates the habit of saving among its members and works on the principle of mutual benefit. Here is what our service includes:

  • The directors must be registered with the MCA
  • We will then help you pick a unique name
  • We will get in principle approval from RBI
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Advantages of Nidhi Company

Ease of formation

Nidhi Company isn’t required to receive the license from Reserve Bank of India(RBI), hence it is easy to form.

Helps in Small Savings

Such companies promote the habit of saving and thrifts among a lower and middle section of the society.

The lower rate of credit

The loans given to the members are at a lower rate of interest. This brings greater savings to the members.

No outsider intervention

The outsider is not allowed to intervene in the working of the Nidhis, neither allowed to avail credit from these companies.

Steps

for Nidhi Company Registration

Step 1KYC of all the Directors and Shareholders

Step 2Digital Signature

Step 3Name Approval

Step 4Final Incorporation (MOA & AOA)

Step 5PAN & TAN

Step 1KYC of all the Directors and Shareholders

Step 2Digital Signature

Step 3Name Approval

Step 4Final Incorporation (MOA & AOA)

Step 5PAN & TAN

What all get you

with Nidhi Company Registration

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