Want to start Banking business. Register Nidhi Company

Its recognized under section 406 of the Companies Act, 2013.  Which performs the functions of lending and borrowing of money within its members. It promotes the art of saving and utilization of funds within its member community. The objective of such a firm would be to imbibe in the members a habit of thrift and reserve funds  amongst its members and also receiving deposits and lending to its members only for their mutual benefit and the services would only be restricted to its members.

They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company.

BENEFITS

1. Limited Liability.
2. Credibility.

3. Safest and the cheapest way of inviting deposits from the general public.

4. No external factors are affecting the working of Nidhi Company

5. Minimum capital requirement for the registration of Nidhi company is 5,00,000.

6. No RBI Regulations – less compliance

7. More Benefits to the members

8. Very Easy formation

DOCUMENTS

1. Identity proof of directors and shareholders
(Aadhar card, Driving License).
2. PAN Card of Directors
3. Utility / electricity bill
4. Address proof of the office
5. No-Objection Certificate and Rent agreement from the landlord, if applicable
6. Passport-size photograph of the Directors

INQUIRY FORM

Fill out our Incorporation Form by clicking on the submit link below and also Submit the required Documents to Initiate your Company Formation.

NAME APPROVAL

After verifying the details provided by you we will be applying for the Name Approval.

DSC & Documents

We will be creating your DSC and DPIN also filing the required documents in the ROC. 

INCORPORATED

After the Completion of Incorporation we shall Courier you the Incorporation KIT along with the Certificates.

PROCESS

Frequently asked questions

What is Nidhi Company?

Nidhi Company is a Non Banking Financial Company registered under the Section 406 of Companies Act,2013. Nidhi Company takes amount from the members as a saving account and fixed account deposit and provides the secured loan to his members.



How many shareholders and directors required to form a nidhi company?

At the time of incorporation of nidhi company, minimum seven share holder and three directors require. One of the Directors must be indian citizen at the time of incorporation.



What are the documents require for the registration of nidhi company?

List of documents require for the registration of nidhi company:- 1. For Share Holders- Pan Card, Aadhar Card, Driving Licence, Bank Statement & Pass Port Size Photo. 2. For Directors- Pan Card, Aadhar Card, Driving Licence, Bank Statement & Pass Port Size Photo. 3. For Registered Office Address- Latest Electricity Bill or Telephone Bill & Non Objection Certificate from owner.



What is the procedure for registration of nidhi company?

1. Promoters have to take the approval of name from the ministry of corporate affairs. 2. Prepare the documents of AOA ,MOA of Company and other documents. 3. Attest the documents from practising chartered accounts of india. 4. Submit the documents with the form of Spice-32.



How much time require to get the certificate of company incorporation?

Normally, Ministry of Coporate affairs takes 3 to 5 days to process the documents of company incorporation and issued the Certificate of Incorporation on registered mail id.



What are the compliance to be done by the directors after the registration of Nidhi Company?

After the Registration of Nidhi Company, Every directors hold the first board meeting of the company within 30 days from the date of incorporation and discuss on the below points: 1. Open the current account of company. 2. Appoint the first auditor of the company. 3. Deposit the share capital amout in company current account. 4. Issue of share certificates to share holders of the company. 5. Define the first financial year of the company and many more points.



How Solvesto helps in Incorporate your dream company?

Our Marketing Executive takes the documents for registration of Nidhi company after the approval of name. Give the access of dashbord to track the Status of company incorproation. Our Operations team prepare all the documents within one working day and submit the documents on Ministry of Corporate Affairs of the company.



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Nidhi Company
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Package Includes-

  • Name Approval of Company

  • AOA & MOA of Company

  • Certificate of Incorporation

  • PAN & TAN

  • Three DIN of Directors

  • Three DSC of Directors

  • Seven DSC of Shareholder

  • Assistance in Bank Account Opening

  • Authorised Capital of Rs 1,00,000

  • Incorporation KIT

Register Your Nidhi Company at Just Rs 9999*/-