Nidhi Company Registration
Encouraging Savings and Mutual Lending
Nidhi Company is a class of Non Banking Financial Company governed under RBI that encourages saving amongst members and facilitates borrowing and lending money between members with limited liability protection.
Features of Nidhi Company
Key characteristics and benefits of Nidhi Companies
Encourage Savings
Nidhi company's whole objective is to encourage saving amongst the members and promote financial discipline.
Member-to-Member Lending
The objective is to borrow and lend money between members, creating a mutual benefit system.
RBI Governed
Nidhi Company in India means a class of Non Banking Financial Companies governed under RBI.
Member-Only Operations
It deals only with their own members, ensuring trust and community-based financial services.
Limited Liability
This form enjoys limited liability for its members, protecting personal assets.
Easy Loan Access
Easy to access loans being registered under the Act with simplified procedures.
Continued Existence
Perpetual existence ensuring long-term financial stability and member benefits.
Requirements for Nidhi Company
Essential requirements and criteria for Nidhi Company formation
Company Name
Nidhi company should contain "Nidhi Limited" as suffix to original name which is registered.
Paid Up Capital
Nidhi company should have minimum paid up capital of Rs 5,00,000/-.
Preference Shares
Nidhi company can issue preference shares to its members.
Directors & Members
Minimum 3 directors and 7 members or shareholders required for formation.
Minimum Members
Nidhi Company is required to have minimum 200 members within one year from its incorporation.
Document Requirements for Incorporation
Essential documents needed for Nidhi Company registration
Identity Proof
Aadhar/PAN Card/Passport of all directors and members.
Address Proof
Voter's ID/Passport/Driver's License of all directors and members.
Office Address Proof
Rental Agreement/possession letter for registered office address.
Utility Bills
Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill.
Specimen Signature
Blank document with signature (partners only) for authentication.
Trade Mark Registration
Trade Mark Registration if any for brand protection.
Incorporation of Nidhi Company
Step-by-step process for Nidhi Company registration
Apply for DIN and DSCs
Apply for Director Identification Numbers (DIN) and Digital Signature Certificates (DSC) for all directors and authorized signatories.
Name Reservation
Apply for name reservation with the Registrar of Companies (ROC) ensuring the name includes "Nidhi Limited" as suffix.
Preparation of INC 33 and INC 34
Prepare INC 33 (Memorandum of Association) and INC 34 (Articles of Association) forms with all required details and clauses.
Application with ROC
Submit application along with INC 33 and INC 34 forms with the Registrar of Companies for approval and processing.
Approval and Certificates
Upon approval, receive Corporate Identification Number (CIN) along with PAN & TAN for the Nidhi Company.
What We Include with Registration
Comprehensive services included in our Nidhi Company registration package
DIN and DSC
Director Identification Numbers and Digital Signature Certificates for all directors.
Name Reservations
Name reservations for Nidhi Company ensuring "Nidhi Limited" suffix compliance.
INC 33 and INC 34
Preparation of Memorandum of Association and Articles of Association forms.
Corporate Identification Number
Corporate Identification Number (CIN) for your Nidhi Company.
PAN & TAN
Permanent Account Number and Tax Deduction Account Number applications.
GST Registration
Goods and Services Tax registration for business operations.
Bank Account Support
Support & facilitation for opening bank account for your Nidhi Company.
RBI Compliance
Guidance on RBI compliance requirements and ongoing regulatory support.
How Do You Approach R2B?
Get started with your Nidhi Company registration today
Initial Consultation
Contact us for a free consultation about your Nidhi Company requirements.
Document Collection
We help you gather all required documents for company registration.
Registration Process
We handle the complete Nidhi Company registration process on your behalf.
Ongoing Support
We provide ongoing compliance and support services for your Nidhi Company.
Ready to Start Your Nidhi Company?
Let our expert team help you register your Nidhi Company and encourage savings among your members.
Need more details? Contact us
We're here to assist. Reach us by email, send a message, or connect on social media.
Contact Information
Primary Email
connect@r2b.in
For quick inquiries & consultations
General Inquiries
info@vanikbusiness.com
Business & support
Office
Vanik Business Services Private Limited
India
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