AddNidhi Company Registration in India Online
A Nidhi Company is a type of Non-Banking Financial Company (NBFC) dedicated to lending or borrowing money to all its members as required. According to the Nidhi Rules, 2014, members can borrow money against tangible collateral such as property mortgage, gold, etc. Nidhi companies have to register under the Companies Act, 2013.
The conception of Nidhi Company was initiated to practice thrift amongst its members, receiving deposits and lending money for mutual benefit. A Nidhi company is regulated by the Ministry of Corporate Affairs but it does not need to receive any license from the Reserve Bank of India (RBI).
These companies will be registered as public limited companies, and you can mention them as “Nidhi Limited” following the names of the companies.
If you like to Register a Nidhi company, we can assist you. We have dedicated CA/CS services for your customized needs. So, what are you waiting for?Contact us today.
Benefits of Nidhi Company Registration 
Among the heaps of advantages, some vital points are mentioned here. Let’s learn them.
Legal Existence
Nidhi Company enjoys a separate legal existence as a registered Mutual Benefit Society. The company can dispose of or acquire funds/assets in its name.
Liability is Limited
The invested or contributed amount to the company comes from its members. Hence, the liability is limited. The members will remain liable for their shares only. The members do not have any personal liabilities towards the company’s liabilities.
Low-Interest Funds Borrowing facilities
The members can borrow funds from the company’s account deposited by themselves only. Hence, they can borrow it at the lowest interest rate they decide.
Minimum Requirements for Establishing a Nidhi Company:
The company should have at least:
- 200 members
- 7 Directors
- 7 Shareholders
- 5 lakhs of equity capital
- Net owned capital 10 lakh or more
- Nidhi must be a public limited company
- Should have “Nidhi Limited” at its name suffix
- The company can borrow and lend funds only from the members only
- Net Owned Funds to deposits ratio of 1:20 or less
- All directors must have DINs
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