Register A “Nidhi Company” With Us


We at LeadingFile assigns the entire solution towards starting a nidhi company. As off, It is ideal for lending, borrowing, saving, and can lead to a thrifty lifestyle, arises a question of being so and so, often, one might be glancing for the reason beyond this. And the retort to all is – Nidhi Company Interest Rate.

Further on, we are always working hard – for the sake of your thrifty lifestyle & molding idleness! Nidhi Company Registration is one of them.

So, opt the best vehicle for your business idea – LeadingFile. It is translucent clear that we are the largest and trending business service platform provider in India. And this can be uttered because of our work portal registration done for the – PLC (Public Limited Company,) LLP (Limited Liability Partnership,) Partnership, Nidhi Company, Proprietorship, Section 8 Company, OPC (One Person Company,) and many more services.

Nidhi Company Registration

At present, you must be thinking of, what is nidhi company and what for the nidhi company registration in India is done? Let’s get cracked –

Definition – “A company fellowship to the NBFC (Non-Banking Financial Company,) recognized under the section 406, of the companies act, 2013 and nidhi company rules, 2014 is exactly a Nidhi Company.”

Healing towards the next phase – In accordance with the nidhi company registration in India; the core business is borrowing and lending money between the firm’s member. So, join a community overflowing with the opportunity –

We, from the very platform, will allot you the following commodity; which are illustrated as follows:

1 DSC & 3 DIN’s

Respective certificate for the director registration at MCA

MoA + AoA For A Firm

We at LeadingFile will draft your firm’s constitution to both

A Dedicated CA

We will allot you a dedicated CA throughout the process

Nidhi Company Software

Allot the instant access to nidhi software & compliances

Success Diary Of LeadingFile At Nidhi Company Registration In India

What nidhi company is?

WOW! Is The Only Feedback Our Registrars Aim For.

Let’s begin with the very first phrase – Nidhi, you must be glancing at this word and its meaning.

“It is a Hindi word, and concludes the registration of Pvt Ltd Companies, which later forms the Nidhi Company Registration.”

Elaborating this to a little gap, illustrates – Nidhi Company a company which is registered under the companies act, 2013 and holds a sole objective of digging the habit of thrift and savings among its members.

Contiguous, this concludes that the fund granted for a nidhi company is the only fund from its members. Further on, which is to be used only by the members of a nidhi company.

In other words – “Nidhi Company a company which is also known as lasting funds, benefit funds, and mutual benefit funds company. Well, this is the only company which is regulated by MCA (Ministry Of Corporate Affairs.)

Some of the ignite visible fact about the nidhi company registration are:

  • The zeroth position concept of nidhi company is – “principle of mutuality,”
  • These companies got involved even prior to the existence of companies act 2013,
  • 80% of the nidhi companies exist in Tamil Nadu, meanwhile, popular in South India,
  • RBI (Reserve Bank of India) itself is entitled to assign the directions, in affairs related to the deposit acceptance activity.

Last but not least, Nidhi company is an ideal entity to have the deposit from and lend to a specific group of members.

Now, one must be glancing for the examples of Nidhi Company – meanwhile, the top 5 Nidhi Company or a list is elaborated as: Achiva Nidhi Limited, Racmak Nidhi Limited, Maben Nidhi Limited, Mini Muthoottu Nidhi Ltd, TBF Nidhi (K) Limited.

So, those who wish to have a Nidhi Company Platform visit LeadingFile!

Our team of professionals, company secretaries, and CA (Chartered Accountants) are always there for you like 24/7.

Further, If you got any hassle during the process of nidhi company registration in India, then, get a free consultation on the same along with a business setup process and overall registration services made in India by slotting an appointment with the LeadingFile advisor.

Key Benefits Of Naming A Nidhi Company With LeadingFile

Among the countless – the key benefits/advantages of a nidhi company registration are elaborated as follows:

-:- let’s get flawed to the same -:-

Economical To Borrow

Being a nidhi company member or simply a shareholder, one can borrow capital at a minimum rate, at least to the rate at which a bank lend capital.

However, this can be a huge benefit in the times of need, because different people of the mutual benefit society, need money at different points and within a time interval.

Encourages Savings

This is the only company registration which cultivates all its members and shareholder to save the capital (money.)

And it is done because a nidhi company is a mutual benefit company where members can lead, save, and borrow money and may accept financial funds amongst themselves.

On-Going Concern

As off it is a juristic person, and hence can acquire, own, and enjoy the property in its own name.

However, this feature somehow makes it on-going concern, because none of the members can awake any of the claims upon the property, as long as the company is in working condition.

Benefits of registering a Nidhi Company

Builds Credibility

One must be thinking of how it can hold a builds credibility advantage? Let’s get cracked – overall info relating to the nidhi company such as name, ROA, status, etc are made available in a public database and hence this feature makes it easy to authenticate.

Further on, which automatically succors a nidhi company in improving business credibility. So, registering a nidhi company in India will assign you better credibility.

Easy Transferability

Nidhi Company holds another vast advantage of easy transferability. Meanwhile, the interest of capital in nidhi company can be easily transferred from one member to another by transferring its shares.

However, by filing a simple form in accordance with the ROC (Register Of Compliance,) the board of management of a nidhi company can be easily transferred. So, it holds the easy transferability.

Separate Legal Entity

A nidhi company can be said to be a separate legal entity because in the eyes of law it states that the assets and liabilities of a firm are not the assets and liabilities of its member. Despite, they can only be excessed by a single person i.e, director of the company. 

Further on, It is a legal entity and a juristic fund company established under the companies act, 2013. Hence, It holds a vast legal capacity and can own property easily.

Basic Stipulation For A Nidhi Company Registration In India

The basic stipulation means the minimum requirement made for a nidhi company registration. Needless to utter! Following are the minimal requirement made for the Nidhi Company Registration In India.

For the sake of same – this time we have clarified these requirements into 2 phrases, illustrated as follows:

-:- Let’s get cracked to the same -:-

  • Before Incorporation
  • After Incorporation.

Healing the first one, i.e, Before incorporation –

Healing the second one, i.e, After incorporation –

Minimum 3 Directors

A minimum of three directors is required for a nidhi company registration before the incorporation.

Minimum 7 shareholders

Along with the 3 directors, a minimum of seven shareholders is required for a nidhi company registration. Too before the incorporation of an organization.

A Minimum Capital

A minimum of Rs.10 lakhs is required for the starting phase of a nidhi company in India.

DIN For All Directors

DIN stands for the “Director Identification Number,” this identification number is too required for all the directors of a nidhi company to be established in India.

Minimum Fund Required

In accordance with the nidhi company registration, the net owned fund shall not be less than rupees 10 lakhs.

Maximum 200 Shareholders

After the incorporation of a nidhi company – a maximum of 200 shareholders can be kept within a firm portal. Meanwhile, a limit to the maximum number of shareholders is 200!

Owned Fund Ratio

Last but not least, the net owned fund ratio of a nidhi company to deposits should be more than 1:20.

Equity Capital Holder

Lately, the nidhi company registration rules illustrate that the unencumbered deposit should not be less than 10% of the outstanding deposits.

Documents Prescribed For The Registration Of Nidhi Companies

Documents prescribed nestle for documents required, and following are the documents demanded for the Nidhi Company Registration:

-:- elaborated as follows -:-

Quick Checklist From Directors and Members

  • Scanned copy of ID Proof, likely to be contained – Voter’s ID or Passport or DL (Driver’s License) along with the PAN card of all the directors and members with self-attestation.
  • Passport-sized photograph of all the directors and members.
  • Address proof of all the directors and members.
  • The latest statement of Bank or Telephone or Mobile bill.

Note: From the submitted quick checklist – at least two of the documentary proof must be valid, recent, and less than two months old.

Specific Requirements For Registered Office

  • Any of the utility bill.
  • DSC (Digital Signature Certificate) in the faith of nidhi company registration.
  • Scanned copy of the approved rent agreement! Along with a NOC (No Objection Certificate) from the landowner.

Note: They must obtain DCS (Digital Certificate Signature) & DIN, which need to be submitted as the hard copy. However, all other incorporation documents must be signed and uploaded as the soft copy.

LeadingFile Gradient Towards Nidhi Company Incorporation

This statements states – how LeadingFile succors you in registering a nidhi company.

As off, we are ignite visible, India’s largest registrar of companies & secretarial compliances assigns the best services among all the entrepreneurs. So, opting us might assist you in registering a nidhi company within 20 to 30 working days, subject to ROC, Govt, & Client processing time.

Nidhi Company Incorporation

Free Consultation

Got Queries Over Nidhi Company Registration? Request a call to LeadingFile Secretarial Compliances Business Advisor.

Obtaining DSC & DIN

Both – DSC, DIN respectively stands for the “Digital Signature Certificate” & “Director Identification Number.” As off, these are required for the proposed director of the nidhi company.

Well, these both can be obtained for a director within 5 -7 working days, subject to the government processing time.

Fill A Simple Checklist

Very first step, filing a simple checklist holds the elaborated info! Under this step, a manager will get in touch with you to get your DSC (Digital Signature Certificate.) Further on, you need to fill that form and thereafter by signing it with your genuine signature, submit it for the further processing.

Over the next step, all the documents will be verified by our experts. And subsequently, the compliance manager will assign you the progress report of your company registration.

Verification & Name Approval

After getting your documents along with a simple checklist form, we will head over to the DSC & DIN copies. Meanwhile, for the alternative procedure, our experts will assign the entire details.

Ably, a minimum of 1 and a maximum of 6 names can be proposed for the nidhi company name approval to the MCA. The MCA will approve the name within 5 – 7 working days, in accordance with the availability, naming guidelines, and MCA processing time.

Final Registration & CIN

Last but not least, after the entire verification and company name approval, we will file a final incorporation form. Because after receiving the name approval from MCA we need to incorporate the documents along with the application, supporting forms like, registered address proof, simple checklist, identity proof, etc from the director to MCA, once again.

Contiguous, the MCA will approve the ROC within 2-3 working days, subject to the government processing time.

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