Want to be a Leading lender in the market?
Then this is for you.

Nidhi Company Registration

@13999/-

Start your Loan/Finance business without investing too much by incorporating Nidhi Company. Get approval within 10 working days and 100% online Tracking of work. Get in touch with India’s best Nidhi Company registration Consultant- Vakilgiri Legal Consultants. 

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What is Nidhi Company ?

Get your query resolved by the BEST Nidhi Company Registration Consultant in India

Nidhi Company is a type of Non Banking Financial Institution (popularly known as NBFC) which facilitates the easy fund availability for its members. Nidhi Company is allowed to take deposits from its members and it can lend money to its members only. Also, Nidhi Company is not required to take any license from RBI to conduct its business. Thus, its the perfect way to start your lending business in India. Incorporation of a Nidhi Company comes under the provisions of Companies Act, 2013. Now the main question is….

Do you want to start your financing business ?
Start your own small bank. With the help of nidhi company registration online you can provide loan, accept deposit and open saving accounts.

There is a need for companies which facilitates easy fund availability for the business. Nidhi Company registration consultants of Vakilgiri helps you to create your own Nidhi bank and helps you to understand the concept of a Nidhi Company.

Vakilgiri a leading Business Consultant, offering quick Nidhi Company Registration Online Service in India with five simple steps:

1. Preparation of Digital Signature Certificate (DSC) and Director Identification Number (DIN)

2. Choosing Unique Name for your Company.

3. Preparing Forms, Documents, AOA & MOA of your Company.

4. Filing e-forms with MCA.

5. Allotment of COI & COC.

After this, you can open a current bank account with the Certificate of Incorporation and begin your business operations.

Features of Nidhi Company

Features you can't resist

Separate Legal Entity

In a Nidhi Company Registration, the Company, Directors and its Shareholders are considered as Separate Legal entities, thus shields from personal liability and protects from other risks and losses.

Easy to change owners

It is simple to add or remove Directors or Shareholders in the Nidhi Company Company Registration Online. Cost of addition or removal is very nominal and hardly take a day to give effect.

No RBI Regulations

The Benefit of Nidhi Company Incorporation is that, it does not require to take prior approval from RBI to start its loan business. Thus, the Comapny can start its business as soon as it incorporates.

Interest Income

Nidhi Company enjoys the benefit of having a steady income in the form of Interst inome. Also, Nidhi Comapny can earn Interest upto 20% P.a.

Ease of Expansion

Nidhi Comapny can open maximum upto 3 branches within the district after sucessfully completing its 3 years after incorporation.

Safe Lending

Nidhi Company is allowed to lend money against securities like gold, immovable property, FDs, etc. thus providing the adequate resources for recovery.

Minimum Investment

Nidhi Company can be incorporated with a minimum paid up capital of Rs. 5 Lakhs.

Low Risk of NPAs

As we all know that Nidhi Company is allowed to deal with its members only, it provides reasonable assurity about the safety of the money lend by it.

Easy fund Availibility

A Nidhi Company Registration is required to make minimum of 200 members which ultimately provides it with easy fund availability from its members.

What's Next ?

Documents Required

For Nidhi Company Registration Process

Vakilgiri- The Best Nidhi Company Registration Consultant in India requires following documents for the incorporation:

FAQ's

Few doubts important to be resolved quickly

A minimum of 7 members are required to start a Nidhi Company out of which 3 members must be the directors of the company.

No, Nidhi Company Registration is a fully online process as all the documents and e-forms are to be filed electronically on MCA Portal. You just need to send us scanned copies of all the required documents & forms. So, your physical presence is not required at all.

The DSC is an instrument which looks like a pen drive but it is nothing like a pen drive. It enables you to sign the documents like PDF electronically.

MOA & AOA contains all the rules, vision and mission of your private limited company, and defines the exact roles and responsibilities of shareholders and directors.

No, Nidhi Company is not required to take any prior approval of RBI before starting its lending business. Thus, the Company can start its lending business as soon as it gets incorporated.

The word “Nidhi” is derived from the Hindi language and is known as “Funds” in English. The basic objective of the GOI behind introducing the concept of Nidhi Companies is to provide adequate funds to the general public without having any interventions from government and its agencies like RBI. Thus, the word “Nidhi” is introduced by the Govt. for such companies.

Nidhi Company can accept deposits a maximum upto 20 times of its Net Owned Funds (Where, Net Owned Funds = Equity Share Capital + Free Reserves – Accumulated Losses – Intangible Assets).

 

 

For Example, if you have started a Nidhi Company with Rs.10 lakh, then you will be able to accept deposits of Rs.2 crore (i.e. twenty times).

Nidhi Company can only issue Equity shares and is prohibited to issue preference shares, debentures or any other debt instrument.

A Nidhi Company Registration Online can be incorporated with a minimum paid up capital of Rs.5 lakhs.  However, the Company is required to raise its Net Owned Funds to at least Rs.10 lakhs within 1 year from the date of its commencement ( Where, Net Owned Funds = Equity Share Capital + Free Reserves – Accumulated Losses – Intangible Assets).

Nidhi Company is required to make at least 200 members within 1 year from the date of commencement of business.

If a Nidhi Company is accepting deposits, it has to maintain atleast 10% of the outstanding deposits as unencumbered deposits within 1 year from the date of commencement of its business.

A Nidhi Company is not allowed advertise to attract more deposits from its members. However, there is no such restrictions regarding giving loans. Hence, a Nidhi Company can advertise to provide loans to its members.

A Nidhi company is not allowed to carry on the business of chit fund, hire purchase finance, leasing finance, insurance or acquisition of securities issued by any corporate.

No, a Nidhi Company is not allowed to open a current account for its members.

A Nidhi Company can open a maximum of 3 branches within its district only when its has earned net proft after tax continously for 3 years. Also, if a Nidhi Company wants to open more than 3 branches  within its district or any branch outside its district but within the state, it is required to take prior permission of Regional Director and an intimation is also to be given to the ROC within 30 days of opening of any branch.

A Nidhi Company is allowed to open its branches within the same state but is not allowed to open its branch in any other state. That means,  a new Nidhi Company has to incorporated for every new state.

A Nidhi Company can offer mainly 3 types of loan facilities to its members, they are as follows:

1. Gold Loan

2. Loan Against property.

3. Loan against FD, govt. bonds, etc.

A Nidhi Company offers the following deposit facilities to its members :

1. Recurring Deposits (RD)

2. Fixed Deposits (FD)

3. Saving Accounts

Yes, it is mandatory for a Nidhi Company incorporate words “Nidhi Limited” after its name.

Check Company Name Availability

Our systems will check availability of your Nidhi Company Name

Nidhi Company Registration Procedure

More simple than it looks!

1. Preparations of Digital Signature (DSC)

1st we apply for DSCs of all the Directors & Subscribers. Digital Signatures are required for signing all the documents while incorporating your Nidhi Company.

20%

2. Filing Application for Director's DIN

Next we will apply for Director Identification Number (DIN). It is the unique number allotted by the MCA to each director of the Proposed Nidhi Company.

30%

3. Choosing Unique Name for your Nidhi Company

Meanwhile applying for your DSCs, we help you in selecting Unique Name for your dream Company. This process completes on the same day.

40%

4. Preparing Forms and Documents

On the 2nd day, after the approval of Company’s name, we prepare all the eforms and other documents. Some documents need to be signed by you physically.

60%

5. Filing e-forms with MCA

After  completing all the formalities and documents, we upload e-forms prepared in step-3 on the MCA portal which takes approx 2 days for either approval or rejection.

80%

6. Allotment of COI, PAN & TAN

After obtaining approval from MCA, it will issue  Certificate of Incorporation, Permanent Account Number (PAN), TAN.

Yipee! Company Incorporated 100%

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Our Incredible Packages

India's Best Nidhi Company Registration Consultants

GOLD

24999
13999/- (+ Govt Fees)
  • Registration in 10 days
  • Authorised Capital upto 15 lacs
  • 3 DIN & 7 DSC (Class-3)
  • Certificate of Incorporation
  • MOA, AOA, PAN, TAN, ESIC
  • GST Registration
  • Professional Website
  • 1 year Domain & Hosting
  • Basic On-Page SEO
  • Google Analytics & Web mails
  • Commencement Certificate
  • Trademark Registration
  • Auditor Appointment
  • ITRs of All Directors & Company
  • Audit & Annual Compliances

PLATINUM

39999
23999/- (+ Govt Fees)
  • Registration in 10 days
  • Authorised Capital upto 15 lacs
  • 3 DIN & 7 DSC (Class-3)
  • Certificate Of Incorporation
  • MOA, AOA, PAN, TAN, ESIC
  • GST Registration
  • Professional Website
  • Website Support for 1 year
  • 1 year Domain & Hosting
  • Basic On-page SEO
  • Google Analytics & Web mails
  • Commencement Certificate
  • Trademark Registration
  • Auditor Appointment
  • ITRs of All Directors & Company
  • Audit & Annual Compliances
Popular

DIAMOND

78999
55999/- (+ Govt Fees)
  • Registration in 10 days
  • Authorised Capital upto 15 lacs
  • 3 DIN & 7 DSC (Class-3)
  • Certificate Of Incorporation
  • PAN, TAN, MOA, AOA, ESIC
  • GST Registration
  • Professional Website
  • Website Support for 1 year
  • Google Analytics & Web mails
  • ISO Certification
  • Trademark Registration
  • Commencement Certificate
  • Auditor Appointment
  • ITR of Company
  • Audit & Annual Compliances

Testimonials

See what our client feels about us

Devansh Bhatt
Devansh Bhatt
UrbanTract India (P) Ltd
Read More
Indeed great service providers for all our legal and accounting solutions. From Company registration to all its annual formalities and managing the taxes, Vakilgiri has served as perfect one stop solution for it.
Krishna Goyal
Krishna Goyal
HBLK Realtech (P) Ltd
Read More
Excellent team for correct guidance and quick processing. Very genuine charges and convenient payment method. Best place for any Startup.
Shree Krishn
Shree Krishn
Vidhya Dron Gurukul Pvt. Ltd.
Read More
Vakilgiri is boon for newcomers like me who do not know anything about Private Ltd. Whenever I stuck in something, their team is always ready to help.
Er. Mukul Garg
Er. Mukul Garg
Teach Advisors
Read More
Vakilgiri is one of India’s top leading business consultancy firms. Great, fast and reliable business services at concessional rates. All the Best guys!!
Akash Kumar
Akash Kumar
Octanone Orange Technologies (P) Ltd.
Read More
Very professional organization to work with and get started with as company is totally focused with their work and they have done my private limited registration within 4 days on very competitive price than others.

Nidhi Company Registration Online

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Why Choose Us?

Best Nidhi Company Registration Consultants in India !

10 Working Days

We provide the fastest Nidhi Company Registration Services Online in India. Thanks to our dedicated professional team who understands the importance of time.

Dedicated Personal Assistant

We have n-number of teams of professionals assigned dedicated to your work only. We ensure Quality over Quantity.

Lowest Price In India

We work on very nominal fees. We understand the worth of your hard earned penny. Thus committed to serve you the best and at the lowest prices.

Best Customer Support

We are available with you even on Weekends. You can connect with us anytime and anywhere through our website chat, whatsapp, Phone, text msg, etc. Its easy to get in touch with us.

Easy Uploads & Downloads

We provide free Application to our Clients for easy uploading documents, downloading invoices & documents and easy payments through one app.

Still have some doubts?

Don’t  Worry, our Professionals will sort out all your queries. We believe in building relationships with our Clients. You are just  ONE CLICK away  from us. Feel free to fill this form

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or call/ whatsapp at

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Please fill this form to start your Business Journey with us

or call/ whatsapp at

ENQUIRE NOW

Please fill this form to start your Business Journey with us

or call/ whatsapp at