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What is a Nidhi Company
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.
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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.