Nidhi Company Registration

About the Service

A Nidhi Company is a type of Non-Banking Financial Company (NBFC) recognized under Section 406 of the Companies Act, 2013. Its primary objective is to cultivate the habit of thrift and savings among its members and to lend and borrow money within a closed group. Nidhi Companies are ideal for small lending businesses focused on mutual benefit and financial inclusion.

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Why Choose a Nidhi Company?

Encourages Saving

Promotes financial discipline and savings among members.

Easy Lending & Borrowing

Facilitates secure lending and borrowing between members.

Separate Legal Entity

Provides legal recognition and perpetual existence.

Low Operational Risk

Functions within a defined membership, reducing risk exposure.

Eligibility Criteria

Minimum 7 Members and 3 Directors
At least Rs. 10 Lakhs in share capital
Unique company name with “Nidhi Limited” as suffix
Registered office in India
Comply with Nidhi Rules, 2014

Documents Required

PAN Card and Aadhaar Card of all directors and members
Passport-size photographs
Address proof (Bank statement, utility bill, etc.)
Proof of registered office (Rent Agreement/Ownership proof)
Digital Signature Certificate (DSC) for directors
Director Identification Number (DIN)

Registration Process

Obtain DSC and DIN – For all directors
Reserve Name – Apply through the MCA portal
File Incorporation Application (SPICe+) – Submit MOA, AOA, and other documents
Get Certificate of Incorporation – Including Company PAN & TAN
Post-Incorporation Compliance – Open a bank account, issue shares, and meet membership requirements

Why Register with BharatNXT Wave?

At BharatNXT Wave, we provide expert-led registration services to help you establish your Nidhi Company with full compliance and ease. We ensure you meet all regulatory requirements and guide you through post-registration activities. Our services include:

End-to-End Registration Support

Legal Drafting (MOA & AOA)

MCA Filings & Documentation

Post-Incorporation Advisory