A trusted financial institution for cultivating the habit of thrift and savings among members
Promotes thrift and savings among members
Encourages members to develop regular savings habits with attractive returns
Regulated by MCA for member security
Operates under strict RBI and Companies Act guidelines to protect member interests
Easy credit facilities for members
Members can access loans at reasonable rates against their deposits
Restricted activities ensure safety
Limited to borrowing/lending among members only, reducing financial risks
An individual can set up as a sole trader/proprietor, as a Partnership firm, or Limited Liability Partnership etc. or can set up various types of companies such as:
| One Person Company | Private Limited Company | Limited Liability Partnership | Proprietorship | Partnership Firm |
|---|---|---|---|---|
| 1 Shareholders | Minimum 2 Shareholders | 2 Designated Partners | PAN | Minimum 2 Partners |
| 1 Directors | Minimum 2 Directors | DIN of partners | Adhaar | PAN of Partnership firm |
| 1 Nominee | DIN of directors | DSC of partners | Bank Details | |
| DIN of Director | DSC of directors | Capital Contribution 10000/- | Business Details | Capital Contribution 10000/- |
| DSC of director | Minimum Authorised Share Capital 1 Lakh | Investment minimum 1 Lakh | ||
| Minimum Authorised Share Capital 1 Lakh |
A Nidhi Company is a type of non-banking financial company (NBFC) recognized under Section 406 of the Companies Act, 2013, primarily engaged in borrowing and lending money among its members.
A public limited company incorporated to cultivate the habit of thrift and savings among members and provide loans only to its members.
Community-based savings programs, small-scale lending operations, and organizations promoting financial inclusion at local levels.
Governed by Nidhi Rules, 2014 under Companies Act, 2013 and regulated by Ministry of Corporate Affairs (MCA).
Registered under Companies Act with separate legal entity status
Members can access loans easily against their deposits
Builds strong community trust through regulated operations
Promotes financial discipline and regular savings
Operational costs lower than traditional banks
MCA oversight ensures financial safety for members
"The Nidhi Company registration process was smooth and professional. The team guided us through all compliance requirements and helped us establish our community savings program successfully."
"As a small community financial institution, Nidhi structure gave us the perfect balance of regulation and operational flexibility. Our members trust the system completely."
Get your Nidhi Company registered in just 15-20 days
Need immediate help with Nidhi registration?
Chat with Financial Expert