Financial Mutual Benefit

Nidhi Company Registration

Promote the habit of thrift and savings among members by incorporating a Nidhi Company under the Companies Act.

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Service Description

A Nidhi Company is a type of company in the Indian non-banking financial sector, recognized under Section 406 of the Companies Act, 2013. Its core business is borrowing and lending money between its members.

Nidhi companies are created for the mutual benefit of their members and aim to cultivate the habit of saving. They are regulated by the Ministry of Corporate Affairs and are exempt from several stringent RBI regulations applicable to NBFCs. Digital Next Consultancy provides comprehensive support for Nidhi incorporation, ensuring all NDH rules are strictly followed.

Documents Required

PAN Card of All 3 Directors
Aadhar Card of All 3 Directors
Digital Signature (DSC)
Proof of Registered Office
Utility Bill of Office Premise
NOC from Landlord

Key Benefits

Mutual Benefit

Fosters a collaborative environment where members support each other's financial needs.

Low Capital Requirement

Can be started with a relatively lower minimum capital compared to other financial institutions.

Limited RBI Oversight

Exempt from many complex RBI regulations, making it easier to manage and operate.

Secured Lending

Lending is restricted to members and is typically secured by collateral like gold or property.

Why Choose
Digital Next Consultancy?

We ensure your Nidhi Company is compliant with all Ministry of Corporate Affairs (MCA) guidelines for smooth financial operations.

Compliance with NDH Rules

We ensure strict adherence to the Nidhi Rules, 2014, to avoid any future legal complications.

Strategic MoA Drafting

We draft the Memorandum to strictly include only the permitted mutual benefit objects.

Hassle-Free Filing

Our experts manage all filings with the Registrar of Companies (RoC) from start to finish.

Financial Advisory

Get professional advice on maintaining the required Net Owned Funds (NOF) ratio.