|| Nidhi Company ||

Introduction: Nidhi Company

Nidhi Company is a type of Non-Banking Financial Company in India incorporated and regulated by the Section 406 of the new Indian Companies Act, 2013. Apart from this section, the Companies (Nidhi Company) Rules of 2014, and the Chapter XXVI of the Companies Rules, 2014 also comply with it. This Company has been established under the Ministry of Corporate Affairs. The significances of Nidhi Company Registration in India are receiving deposits and lending the amount within the members and for the members only. The aim of the Company is to work for mutual benefits and develop the habit of saving among its members. The diection of the Nidhi Limited when it comes to accepting deposits has been authorized by Reserve Bank of India. Nidhi Company raises funds by Recurring deposit (RD) and a fixed deposit from its members. Moreover, it borrows to its members upon Gold, Shares, RD, FD, Bonds, and Properties.

Registration of Nidhi Company


At the companywala we provide hassle free online company registration process for Nidhi Company Registration within 15-20 working days. The benefits that businesses are getting from the Registration of Company are smooth functioning and less compliance. Nidhi Company is registered under the Ministry of Corporate Affairs. This type of Company does not need the approval from Reserve Bank of India but does require to follow its guidelines. Nidhi Company Registration is a procedure for establishing a kind of NBFC in India popularly known as Mutual Benefit Finance Company. For all Nidhi Companies, it is necessary to have "Nidhi Limited" at the end of their name. This Company can be established with a minimum paid-up share capital of Rs.5,00,000. It should have at least 200 members at the time Company Incorporation.
Documents Required for Nidhi Company Registration


  • MOA and AOA
  • Copy of Director’s PAN Card
  • Passport size photograph of Directors
  • Copy of Aadhaar Card/ Voter identity card of directors
  • Copy of Rent agreement in case of property is rented
  • Electricity/ Water bill/ Telephone bill of Business Place
  • Copy of Property papers in case you own a property
  • NOC signed by owner/ landlord)
  • DSC (Digital signature certificate) & DIN (Director Identification Number) of all the directors.

How the companywala Helps?

While planning to commence a Nidhi Company Registration Online, keep in mind that your small finance business will bring good profit for you in the long term. But at the same time, Nidhi company registration and maintenance requirements should also be taken care of. 

We, at the companywala have professionals which are rendering their expertise in the area of Nidhi Company Registration and its consultancy related to business execution, accountancy, taxation and legal aid through our team of professional.

For better assistance over all factors of Nidhi company do connect to our professionals on info@thecompanywala.com

Disclaimer:-The materials provided herein are solely for information purposes and shall not be treated as solicitation in any manner and for any other purpose whatsoever. It shall not be used as legal opinion and not to be used for rendering any professional advice. The material s written on the basis of the provision applicable as on date of writing of this article.