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Nidhi Company is a non-financial banking company doing the business of lending and borrowing with its members and shareholders. The primary aim of Nidhi Company can only be of cultivating the habit of thrift and savings amongst its members. It is receiving deposits from and lending to its members only for their mutual benefit. . They are also called benefit funds, permanent fund, mutual benefit company and mutual benefit funds. They are governed by Ministry of Corporate Affairs. Nidhi companies are compared to the banking sector and promotes the cultivation of savings amongst a group of members. A company which sustains on the sole purpose of creating awareness among people with regards to savings. The main contributions of funds generated in Nidhi investments are realized from its members. One Click Business Solutions Pvt Ltd has a team of passionate and highly experienced professionals to offer nidhi company registration service. How is a Nidhi Company registration done? We are aw

Nidhi Company is also known as Mutual Benefit Finance Company which is a type of Non-Banking Financial Company. The fundamental aim is to safeguard the members and prevent the mistreatment of the money lenders who charge high rates of interest. Nidhi Companies are exempted from main provisions otherwise applicable to an NBFC in India. One of the most important things we have to consider while Nidhi Company Registration is choosing the company name. Rising  a prices and lowest purchasing capacity have always been a matter of concern for the middle and small class groups of peoples. Their financial burden somehow made the savings impossible for them. The creation of Nidhi Company, they too become capable of savings and investing and Nidhi Company Registration Online acts as a saviour for middle and low-level income groups of peoples. Key Points to Remember Before Starting a Nidhi Company in India : Requirements for minimum number of members, net owned fund etc. (As par Rule 5 of

We are aware of nidhi company registration online procedure to make the registration process in fastest way. Although registration procedure of a nidhi company is easy yet, support from a professional is recommended for filing difficult forms within proper deadline. What is a nidhi company? A nidhi company is a part of Non-Banking Financial Company (NBFC) included with the purpose of taking deposits and offering loans to its members. How does a nidhi company work? A Nidhi Company takes deposits from its members and uses these deposits for lending money to its members. The fundamental aim is to safeguard the members and prevent the mistreatment of the money lenders who charge high rates of interest. What are the benefits of Nidhi Company registration? Following are the advantages of nidhi company registration online : Easy formation Limited Procedure Reduced rates of interest No interference from outsider Appropriate channel for small savings of the lower a