+91 9178343858 support@s2sbizsolutions.com

Get Quote Instantly


Process your NIDHI Company registration in 15 working days
Price starts with Rs. 999/-
Complete Online Document Submission & Application Tracking
Easy and Complete online Process
Dedicated Consultant to process your NIDHI Company registration process
Completely Online – No need to visit office
Get Started for NIDHI Company Registration



  1. Call us for Consultation
  2. Share the required documents
  3. Preparation and submission of documents
  4. Complete Application process

Basic Details of NIDHI Company

A Nidhi company is a type of company in the Indian non-banking finance sector, recognized under section 406 of the Companies Act, 2013.Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Quasi Bank, Mutual Benefit Funds and Mutual Benefit Company. They are regulated by Ministry of Corporate Affairs, which is also empowered to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that these companies deal with their shareholder-members only. Nidhi means a company which has been incorporated with the object of developing the habit of thrift and reserve funds amongst its members and also receiving deposits and lending to its members only for their mutual benefit.

Who should take registration of NIDHI Company?

Nidhi companies must have a minimum of 200 shareholders of the company. Only when a company has this minimum number of shareholders, then only company can be formed as Nidhi Company.
Any group of people who want to get registration as a Nidhi company must have a minimum of Rs. 10 lakh of net-owned funds. This is necessary for registration and must be followed. 
The ratio between the net-owned funds and the deposits cannot be more than 1:20 for any companies which want to register for Nidhi Company. 
A company that wants to register as Nidhi Company must have a minimum of 10% of unencumbered term deposits of the outstanding deposits. Term deposits of more than 10% are acceptable but any less than 10% is not considered sufficient for Nidhi company registration.
Companies registered under Nidhi Company will be a public company.
The registering company must have paid equity share capital of Rs. 5 lakh.

Benefits of having NIDHI Company registration

The company who has registered as NIDHI Company, enjoys the below mentioned benefits
Nidhi Company registration is very easy process and function like different type of NBFC.
There is no requirements to comply with RBI
As the mode of function of the company is to promote savings among the people 
As the lending and deposits are made in between the members, so there is very less amount of risk of theft or scam.

Our Happy Clients

Get In Touch

Ground Floor, Plot No- N/6/321, Jayadev Vihar Nuapalli , Bhubaneswar, PIN - 751015


+91 9178343858

©2023 S2S Biz Solutions. All Rights Reserved. Designed by The Unique Culture