Starting at INR 22,000/- (All Inclusive)
Takes 7-10 Days
Contact Us
A Nidhi Company is a category of Non-Banking Financial Company (NBFC), recognized under Section 406 of the Companies Act, 2013. Its primary purpose is to encourage its members to save regularly and build financial discipline. Nidhi Companies operate by accepting deposits from, and extending loans to, only their registered members, strictly for mutual benefit. Unlike other NBFCs, Nidhi Companies are not allowed to conduct financial dealings with the general public.
Unlike traditional NBFCs, a Nidhi Company cannot deal with the general public. It’s designed to encourage savings and provide easy loans to members, making it an ideal structure for community-based financial businesses.
Looking to launch a Nidhi Company in India? Get Your Nidhi Company Registered with Expert Guidance from The Consultant Guru
At The Consultant Guru, we specialize in providing end-to-end Nidhi Company registration services—fast, reliable, and fully compliant with MCA regulations. Whether you’re a first-time entrepreneur or an experienced professional, our experts make the Nidhi Limited Company registration process smooth and stress-free.
Time Line Of A Nidhi Company Registration
PAN Card of Subscribers and Directors
Aadhar Card of Subscribers and Directors
Bank statement with name and address of Subscribers and Directors (only required for those who do not have a DIN)
Passport Size Photograph of Subscribers and Directors
Latest Electricity Bill for the registered office premises
A Detailed Overview
Obtain Digital Signature Certificate (DSC)
DSCs are required to be prepared for all proposed directors and subscribers to the Memorandum of Association (MOA) and Articles of Association (AOA).
Director Identification Number (DIN)
Apply Director Identification Number (DIN) for all proposed directors. DIN for up to 3 directors can be applied while incorporating the nidhi company.
File For Name Approval
Reserve a unique name for the company by filing the SPICe+ Part A form on the Ministry of Corporate Affairs (MCA) portal. Before filing a request for name approval you can check the availability of the name here.
Preparation of Documents
Draft the Memorandum of Association and Articles of Association and other documents like declarations by the directors.
Filing of Incorporation Forms
File the SPICe+ Part B form along with e-MOA, e-AOA and other required forms on the MCA portal
Payment of Fees
Pay the requisite fee and stamp duty for incorporation.
Issuance of Certificate of Incorporation
Upon verification, the Registrar of Companies (ROC) issues the Certificate of Incorporation, PAN, TAN, ESI and EPF numbers signifying the company’s legal existence and making it ready for business.
Legally, there’s only one recognized structure for a Nidhi Company under Indian law. However, in practice, these companies can operate in different formats depending on how they serve their members and use technology. Here are the three common operational models:
Traditional Nidhi Companies
These companies follow a conventional setup, focusing on physical branches and face-to-face interactions. They operate primarily within a local community or region, collecting deposits from members and offering small personal loans. This model works well in rural or semi-urban areas where digital adoption is limited and personal relationships drive trust.
Digital Nidhi Companies
Digital-first Nidhi Companies leverage technology to streamline their operations. They use mobile apps, online portals, and digital payment systems to manage deposits, disburse loans, and maintain member records. This model appeals to tech-savvy users and is ideal for expanding your reach without the need for multiple physical branches.
Hybrid Nidhi Companies
A hybrid model blends the strengths of both traditional and digital approaches. It allows for physical branch operations while also offering digital services like online member onboarding, EMI tracking, and transaction history. This format provides flexibility and broader access, making it suitable for businesses aiming to scale gradually.
At The Consultant Guru, we analyze your goals, target audience, and resources to help you choose the most effective operational model for your Nidhi Company—whether you’re going fully digital or starting with a hybrid strategy.
As the financial landscape evolves, Nidhi Companies are adapting to new technologies, changing regulations, and shifting market demands. Here are some of the most significant trends shaping the future of Nidhi Company operations:
At The Consultant Guru, we help you not only register your Nidhi Company but also stay updated and prepared for these emerging changes—so your business stays compliant, competitive, and future-ready.
The Consultant Guru offers complete compliance packages to keep your Nidhi company safe, compliant and penalty-free. Contact us today to know more and file your pending returns and forms.
Different Packages For Different Needs
Choosing the right partner for your Nidhi Company incorporation is crucial for your business success. Our expertise and commitment to quality make us the ideal choice for entrepreneurs looking to establish their Nidhi company in India. Here’s why choosing us is a smart and strategic decision for Nidhi Company Incorporation Services in India:
Contact Us
Procurring Inputs
Application Filing
Company Registration
Service Area: We provide services for Nidhi Company Registration in Delhi, Nidhi Company Registration in Mumbai, Nidhi Company Registration in Chennai, Nidhi Company Registration in Hyderabad, Nidhi Company Registration in Jaipur, Nidhi Company Registration in Bangalore, Nidhi Company Registration in Coimbatore, Nidhi Company Registration in Ahmedabad, Nidhi Company Registration in Kolkata, Nidhi Company Registration in Pune, Nidhi Company Registration in Indore, Nidhi Company Registration in Surat, Nidhi Company Registration in Hyderabad, Nidhi Company Registration in Kerala, Nidhi Company Registration in Noida, Nidhi Company Registration in Lucknow, Nidhi Company Registration in Solan, Nidhi Company Registration in Gurgaon, Nidhi Company Registration in Faridabad, Nidhi Company Registration in Assam, Nidhi Company Registration in Uttarakhand, Nidhi Company Registration in Jammu, Nidhi Company Registration in Goa, Nidhi Company Registration in entire India.
The primary goal of a Nidhi Company is to promote the habit of saving and thrift among its members. It functions by accepting deposits and lending money exclusively to its members for mutual benefit, making it a community-driven financial model.
No, RBI registration is not required. Nidhi Companies are regulated by the Ministry of Corporate Affairs (MCA) and are exempt from core RBI provisions, as long as they strictly operate within their member base.
To register a Nidhi Company, a minimum of 7 members is required, out of which at least 3 must be directors. Within a year of incorporation, the company must have at least 200 members as per MCA norms.
Yes, but it can only accept deposits and provide loans to its registered members, regardless of location. To expand beyond its local area, the company must open additional branches and comply with specific MCA conditions.
A Nidhi Company must have a minimum paid-up equity share capital of ₹10 lakhs at the time of registration. This capital must be maintained, and the Net Owned Funds (NOF) should be in a 1:20 ratio to the deposits accepted.
Nidhi Companies can offer secured loans to their members against collateral such as gold, fixed deposits, or property. They cannot offer unsecured loans or lend to non-members under any circumstances.
Yes, filing annual returns is compulsory. Nidhi Companies must file Form NDH-1 (member and deposit details), NDH-3 (half-yearly return), and other forms like AOC-4 and MGT-7 for financial and annual returns to the Registrar of Companies.
No. Nidhi Companies are not authorized to issue debit or credit cards, or offer internet banking services. They are strictly limited to accepting deposits and providing loans among members without offering modern banking services.
