Start your own mutual benefit finance business with Nidhi Company Registration. Ideal for cultivating savings habits among members without RBI approval.
Start your own mutual benefit finance business. No RBI approval required.
A Nidhi Company is a type of Non-Banking Financial Company (NBFC) formed to borrow and lend money to its members. Its main objective is to cultivate the habit of thrift and savings among its members.
It is registered as a public limited company under the Companies Act, 2013, and is governed by the Nidhi Rules, 2014. Unlike other NBFCs, it does not require an RBI license to start operations.
Why start a Nidhi Company for your finance business.
Exempted from core provisions of the RBI Act. No need for RBI approval to register.
Ideal for promoting savings among members in a local area with better interest rates.
Can lend against gold, property, FD, and Govt securities with very low risk.
Step-by-step guide to Nidhi incorporation.
Obtain Digital Signatures and Director Identification Numbers. (Day 1-2)
Apply for a unique name ending with "Nidhi Limited". (Day 3-4)
File SPICe+ forms. Upon verification, you get the COI and PAN. (Day 7-10)
Expert support for Nidhi Registration & Compliance.
We ensure complete compliance with Nidhi Rules, 2014.
Precise drafting of MOA & AOA for Nidhi objects.
Assistance with NDH-1, NDH-2, NDH-3, and NDH-4 filings.
Ongoing support for your finance business journey.
Fill out the form below and our experts will get back to you shortly.