Nidhi Company Registration Made Simple & Compliant

Complete Guide to Nidhi Company Registration

Overview – Nidhi Company
A Nidhi Company is a special type of Non-Banking Financial Company (NBFC) registered under the Companies Act, 2013, primarily to promote savings and lending activities among its members.
Nidhi Companies can accept deposits and provide loans only to their members and are regulated by the Ministry of Corporate Affairs (MCA).
🔹 Benefits of Nidhi Company
✔ Encourages savings among members
✔ Lower compliance compared to NBFCs
✔ No RBI approval required
✔ Simple registration process
✔ Limited liability protection
✔ High trust among local communities
✔ Suitable for mutual benefit activities
🔹 Eligibility for Nidhi Company Registration
To register a Nidhi Company in India, the following conditions must be fulfilled:
🔸 Minimum 3 Directors required
🔸 Minimum 7 Members required
🔸 Directors must be Indian citizens
🔸 Minimum ₹5 lakh paid-up capital
🔸 Registered office address in India
🔸 Company name must end with “Nidhi Limited”
🔹 Registration Process
The Nidhi Company registration process includes:
1️⃣ Obtain Digital Signature Certificate (DSC)
DSC is required for filing online forms.
2️⃣ Apply for Director Identification Number (DIN)
DIN is mandatory for directors.
3️⃣ Name Approval
Company name is reserved through MCA.
4️⃣ Drafting of MOA & AOA
Documents are drafted as per Nidhi Rules.
5️⃣ Filing Incorporation Forms
SPICe+ forms are submitted to ROC.
6️⃣ Certificate of Incorporation
Upon approval, Nidhi Company is registered.
🔹 Documents Required
Documents of Directors & Members
PAN Card
Aadhaar Card / Passport
Passport size photograph
Email ID & Mobile Number
Registered Office Documents
Electricity Bill / Utility Bill
Rent Agreement or Ownership Proof
NOC from property owner
Why Choose Nyaya Path Legal?
Expert assistance in Nidhi Company registration
Full compliance with MCA & Nidhi Rules
Transparent and affordable pricing
Fast processing and documentation
Dedicated compliance support
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