Nidhi Company Registration
Launch Your Nidhi Company with Full Compliance
Nidhi Company Registration
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$20.50
Why Choose a Nidhi Company?
Encourages Savings Culture
Less Regulatory Burden
Legal Recognition
FAQ
Frequently Asked Questions
A Nidhi Company is a special kind of public company whose main business is accepting deposits and lending money exclusively to its members, governed by Companies Act, 2013 and the Nidhi Rules, 2014.
Minimum requirements include: at least 7 members, at least 3 directors, minimum share capital (typically ₹5 or 10 lakh), and the company must adopt objectives related to thrift and mutual benefit among members.
No. A Nidhi Company is permitted to accept deposits only from its members and lend only to its members. It cannot engage in businesses like chit funds, hire-purchase finance, leasing, or issue preference shares and debt instruments
Within the first year the company must have at least 200 members, maintain specified net-owned funds, and keep certain ratios of deposits to funds (e.g., NOF to deposit ≤ 1:20). Forms such as NDH-1, NDH-2 may have to be filed.
Benefits include relatively simpler regulatory framework compared to full-fledged NBFCs (no RBI licence required), the ability to mobilise funds among members, and fostering savings habits within a defined membership group.