Nidhi Company Registration in India

“Nidhi” is a word of Hindi which means finance or fund. It is a type of non-banking financial company incorporated and registered under the company’s act, 2013 with the main aim of borrowing and lending money to its members. It develops the habit of saving among its members and works on the principle of mutual benefit.

Minimum three directors are needed for the registration of Nidhi Company. Nidhi company registration is very easy and it does not require RBI approval. Its registration is very economical too. All those companies which are incorporated as Nidhi Companies must use the last word as “Nidhi Limited” as part of its name. No background check is needed for the registration of Nidhi Company. Anybody can form a Nidhi company.


What Nidhi Company offers?

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

Documents Required for Nidhi Company Registration in India

  • Passport size photographs of directors.
  • Copy of Voter Id card/Aadhar card of directors.
  • Copy of Director’s PAN card
  • No objection certificate (NOC) from the landlord.
  • Water/Electricity Bill of the business place
  • Rent Agreement copy (if using rented property).
  • Copy of the Property papers (if property is owned by you)
What Is Included In Our Package?

Eligibility Consultation

Document Preparation

Application Drafting

Government Fees


Minimum Requirements for Nidhi Company Registration in India

Before Incorporation

  • Minimum 3 director
  • Minimum 7 shareholders
  • The director identification number (DIN) for all directors.
  • Minimum capital of Rs.5 lakhs

After Incorporation

  • Net owned funds to deposit ratio should be more than 1:20.
  • Minimum number of 200 shareholders
  • The net owned funds should not be less than Rs.10 lakhs.
  • Free debt deposits of not less than 10% of the outstanding deposits.