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Most Successful Nidhi Company Registration Procedure in India

Nidhi Company is a type of NBFCs and RBI can give directions to them regarding the activities to accept deposit. Nidhi company doing as a very popular lending mechanism for secured loans, and the operations of it very similar to the co-operative society. It is very important aspect for financial type of small business , to secure the business purpose activity and grow  the company as soon as possible. We are aware of nidhi company registration online procedure to make the registration process in fastest way in few days at affordable price.

Nidhi Company Registration Process


Procedure of Nidhi Company Registration

Although procedure of a nidhi company registration is easy yet and provide a professional expert is recommended for filing difficult forms within proper deadline. We help to process nidhi company registration documents accurately and perform the registration process in fastest and hassle-free ways. Let us know the steps of Nidhi company incorporation.

  • At least 3 directors and 7 members are needed
  • Digital Signature is a fundamental need for initiating the registration
  • Nidhi Company must be unique and should not match any other registered companies
  • After digital signature and name approval, we will draft all the directors' and shareholders' declarations sheets for their acceptance.
  • The application should accompany Memorandum of Association (MoA) and (AoA) of Nidhi Company.
  • PAN and TAN applications will be done with Nidhi Company Registration.

The purpose of Nidhi includes making a habit of thrift and saving among its members and the services of members are limited also. Professionals are there to incorporate your nidhi Company online and continue its operation effortlessly.

Post Incorporation Needs for Nidhi Company

Within a period of 1 year from beginning, every Nidhi must fulfil all of the following criteria:

It must have minimum 200 members

It must make sure that net owned funds are Rs. 1000000 or more

The ratio between net owned funds and deposit is not more than 1:20

It needs to have unencumbered term deposits of not less than 10% of the outstanding deposits.

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