NIDHI COMPANY


Nidhi Company is a company registered under the Companies Act, 2013, which has a sole objective of cultivating the habit of thrift and savings amongst its members. Nidhi companies are allowed to take deposit from its members and lend to its members only. Therefore, the funds contributed for a Nidhi company are only from its members (shareholders) and used only by the shareholders of the Nidhi Company.
RBI has exempted the notified Nidhi’s from the core provisions of the RBI Act and other directions applicable to NBFCs. Therefore, Nidhi Company is an ideal entity to take deposit from and lend to a specific group of people.
  • BENEFITS
  •    Ease of formation due to non-requirement of License from RBI.
  •    Help in channelizing small savings.
  •    Lower rate of credit.
  •    No outsider intervention as managed by members only
  • DRAWBACKS
  •    Limited Fund Raising as accepts deposits only from their members.
  •    Limited credit availabity due to limited fund
  •    Falls under RBI vigilance especially their deposit acceptance operations.
  •    Additional rules and regulations imposed by Central Government.

RECOMMENDATION


Cultivating the habit of thrift and savings amongst members is the only objective of Nidhi company so please consult with advisor regarding your significant questions before incorporation.

Additional opinion please contact with our advisor at zero fee.

DOCUMENTATION FOR REGISTRATION


  •  Copy of PAN Card of Shareholders and Directors.
  •  Copy of Aadhar / Voter ID / Passport / Driving License / etc of Shareholders & Directors.
  •  One passport size photo of both Shareholders and Directors.
  •  Copy of Electricity Bill for registered address of Business.
  •  Additional Details – Suggested Company Name’s, Objects for Memorandum, Share Ration, etc

TIME LIMIT FOR REGISTRATION


Generally it takes 30-45 Days for registration. Name will be granted in 2-5 Days and rest for registration of Company.

PACKAGES


SILVER

All inclusive price


  •   Company Certificate
  •   PAN/TAN Card
  •   MOA/AOA
  •   Rent Agreement
  •   2 Digital Signature
  •   3 Director Number
  •   10Lac Share Capital
  •   Consultancy

₹ 24,999
₹ 35,999/-

GOLD

All inclusive price


  •   Company Certificate
  •   PAN/TAN Card
  •   MOA/AOA
  •   Rent Agreement
  •   7 Digital Signature
  •   3 Director Number
  •   10Lac Share Capital
  •   Consultancy
  •   ROC 1st Annual Return

₹ 35,999
₹ 50,500/-

DIAMOND

All inclusive price


  •   Company Certificate
  •   PAN/TAN Card
  •   MOA/AOA
  •   Rent Agreement
  •   7 Digital Signature
  •   3 Director Number
  •   10Lac Share Capital
  •   Consultancy
  •   ROC 1st Annual Return
  •   GST Registration

₹ 37,999
₹ 55,500/-
No worry! We can customize your package as per your preference. Call or mail us for more details.
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