Nidhi Company Registration in India
Affordable, secure, and fully compliant structure for lending and deposit services within your community — under RBI governance and MCA approval.
Why Choose a Nidhi Company?
A Nidhi Company offers a secure and legally recognized way to manage community finance while encouraging savings and providing affordable credit access. It empowers members with better financial opportunities, simpler compliance, and a sustainable model focused entirely on mutual growth and trust.
Government Recognition
Registered under Section 406 of the Companies Act, a Nidhi Company gains strong public trust and legitimacy. This assures members that their savings are protected within a regulated financial structure.
Raise Funds from Members Only
The company operates on internal capital contributed by its own members — eliminating dependence on external lenders or investors. This supports financial independence and low-risk operation.
Low-Cost Loans & Better Returns
Members enjoy higher interest on deposits and lower rates on secured loans compared to private financiers — improving household savings and reducing financial burden.
Simpler Compliance & Management
Nidhi Companies have lighter RBI regulations compared to NBFCs while still operating under the oversight of MCA. This keeps governance transparent but easy to maintain.
No Interference from Outsiders
Only members can deposit or borrow — preventing external influence or control. The focus remains on community welfare and ethical financial management.
Steady & Sustainable Growth Model
Growth is backed by consistent membership participation rather than risky market fluctuations. Strong liquidity and higher repayment ensure long-term financial stability.
Strengthens Community Finances
Designed specifically for rural & semi-urban populations where banking access is limited — uplifting local families and supporting inclusive development.
Enhanced Financial Security
Deposits and loans are fully recorded and protected within a governed system — minimizing risks of fraud and disputes often seen in chit funds or informal lending networks.
Ideal for Small Finance Startups
Entrepreneurs can legally begin a community-focused lending system with lower capital and reduced restrictions — unlike expensive NBFC setups.
A Secure Way to Support Local Financial Growth
A Nidhi Company is a government-recognized financial institution under Section 406 of the Companies Act — created to promote savings and provide loans exclusively to its members. Designed for community upliftment, it offers regulated deposit plans and safe credit facilities without relying on external funding.
Our Role in the Process
We handle all legal, procedural, and approval tasks to make your Nidhi Company operational smoothly and legally.
Name Reservation & Company Incorporation
We secure your name approval and complete incorporation with MOA/AOA drafting as per Nidhi Rules.
Approval & Compliance Setup
We obtain mandatory approvals including Nidhi status, ensure capital requirements, and help meet membership norms.
Documentation for Financial Operations
We set up PAN, TAN, bank account, deposit schemes, statutory registers, compliance reporting so you can start lending legally.
FAQs
A Nidhi is a member-based financial institution formed to cultivate the habit of savings and provide affordable credit exclusively to its registered members.
Any Indian resident above 18 years can become a member after completing basic KYC verification.
No direct approval required — but it must follow RBI guidelines applicable to Nidhi Companies.
✔ 7 members
✔ 3 directors
✔ ₹5 lakh minimum capital (recommended higher at initial stage)
No — it is restricted to secured loans only (like gold, FD, immovable property).