Nidhi Company Registration

The “Nidhi” is a word of Hindi. It means fund or finance. Nidhi is that company which is incorporated with the aim of reserve funds and developing the habit of savings or thrift in its members. For the mutual benefit of its members, it also lends and receive deposits from its members.

For the registration of Nidhi company, minimum three members are needed. All those companies which are incorporated as Nidhi Companies, need to mention the world “Nidhi Limited” as a part of their name. The Nidhi company is very economical and easier to register.

A Nidhi company is a type of non-banking financial company and it does not need any license from the reserve bank of India. Background check is not required for the registration of Nidhi company. Anybody can form a Nidhi company.


The Nidhi company offers:

  • Minimum formalities and documentation.
  • Safe and secure investments.
  • Reduced rate of interest.
  • Useful for middle and lower classes.
  • No involvement of external elements in the management.

Documents Needed for the Registration of Nidhi Companies

No objection certificate from the landlord.

Copy of the PAN card of the directors.

Water/Electricity Bill.

Rent Agreement copy (if property is rented by you).

Copy of voter Id card/Aadhar card of the directors.

Directors passport size photograph.

Copy of the papers of property (if property is owned by you).

What Is Included In Our Package?

Eligibility Consultation

Document Preparation

Application Drafting

Government Fees


Minimum Requirements Incorporation of Nidhi Company

Before Incorporation

  • The director identification number (DIN) is required for all the directors.
  • The minimum capital required is rupees ten lakhs.
  • A minimum of three directors are required.
  • A minimum of seven shareholders are required.

After Incorporation

  • The ratio of net owned funds to deposits must be more than 1:20.
  • The minimum number of shareholders required are two hundred.
  • The net owned funds must not be less than ten lakhs rupees.