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When it comes to the formation of a NBFC Company, Nidhi Limited registration is considered to be the easiest. Nidhi Companies get legal acceptance under the section 406 of Indian Companies Act 2013. It promotes financial activities specially, lending and borrowing money among their members.   Nidhi is a ‘Sanskrit’ word. According to the records obtained from Hindu Scriptures ‘Nidhi’ mean ‘treasure.’ In a Nidhi Company, members are encouraged to make more savings and make it habitual. This is why Nidhi Company also noted as ‘Mutual benefit Company’, ‘Mutual benefit Fund’, ‘Benefit Fund’ and ‘Permanent Fund.’ If anyone wishes to start business in the financial sector in India, they should start with the formation of Nidhi Company. Since Nidhi Company registration procedure requires less documentation and fees, this is the best that we can recommend. Why should you Start a Nidhi Company? Starting a Nidhi Company comes with a large numbers of benefits. You cannot enjoy the same with the

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. 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 D