Register Your Nidhi Company
NBFC for mutual-benefit savings & lending among members — with MCA registration, DSC, DINs, and RBI guidance.
✓ MCA Registered · ✓ Expert CA Support · ✓ 15-20 Working Days
What is a Nidhi Company?
A Nidhi Company is a type of Non-Banking Financial Company (NBFC) registered under the Companies Act, 2013 and Nidhi Rules, 2014. It operates on the principle of mutual benefit — members save together and borrow from the common fund.
Unlike regular NBFCs, a Nidhi Company does not require an RBI license. It is registered with the Ministry of Corporate Affairs (MCA) as a Public Limited Company with "Nidhi Limited" in its name.
Nidhi Companies can only accept deposits and grant loans to their registered members — not the general public. This makes them ideal for community-based savings and lending groups.
Minimum 7 Members
KEYAt least 7 individual members required at formation. Must grow to 200 members within 1 year.
Minimum 3 Directors
KEYAt least 3 directors with valid DIN and DSC required.
Min. Capital: ₹10 Lakh
KEYMinimum Net Owned Funds of ₹10 lakh required for Nidhi Company.
"Nidhi Limited" in Name
Company name must include "Nidhi Limited" as suffix as per Nidhi Rules, 2014.
200 Members in 1 Year
KEYNidhi Company must have minimum 200 members within 1 year of incorporation.
MCA Registration
Registered under Ministry of Corporate Affairs as Public Limited Company.
Benefits of a Nidhi Company
Encourages Savings
Promotes culture of thrift and savings among members, fostering financial discipline.
Mutual Benefit
Members contribute to a common fund and receive financial assistance.
Limited Liability
Members liability limited to their contribution amount only.
No External Shareholders
Ownership stays within community. No external investors or shareholders.
Deposit & Loan Facilities
Members can both deposit savings AND get loans from the company.
Minimal Compliance
Fewer regulatory compliances vs traditional financial institutions.
Community Development
Facilitates financial inclusion for small communities and localities.
Dividend Distribution
Allows distribution of dividends among members as financial rewards.
Localized Operations
Cater to specific financial needs of local communities.
3 Steps to Register Your Nidhi Company
Name Reservation (MCA)
Day 1-3We secure your preferred Nidhi Company name by submitting reservation to MCA. Name must include "Nidhi Limited" suffix.
DSC & DIN Acquisition
Day 4-7Facilitate acquisition of 1 Digital Signature Certificate (DSC) and 3 Director Identification Numbers (DINs) for all directors.
Documentation & RBI Approval
Day 8-20Complete documentation phase including MOA/AOA drafting, SPICe+ filing, and guidance for RBI in-principle approval.
Documents Required
Nidhi Rules & Returns
NDH-1 Filing
File return of statutory compliance within 90 days of FY end.
📅 Within 90 days of FY endNDH-2 Extension
Apply for extension if 200 members not achieved within 1 year.
📅 If required — within 1 yearNDH-3 Half-Yearly
Half-yearly return to be filed within 30 days of each half year.
📅 April 30 & October 30NDH-4 Nidhi Declaration
File for declaration as Nidhi Company after achieving 200 members.
📅 Within 60 days of 200 members200 Members — 1 Year
Must achieve 200 members within 1 year. Failure leads to dissolution risk.
📅 Within 1 year of incorporationAnnual Returns & Audit
Annual Return (MGT-7), Financial Statements (AOC-4), and Statutory Audit mandatory.
📅 MGT-7: 60 days from AGM200 Members Required Within 1 Year
A Nidhi Company must achieve a minimum of 200 members within 1 year of incorporation. Failure may trigger MCA dissolution proceedings. Extension can be applied via NDH-2 form.
FAQ
Common Questions
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Register Your Nidhi Company Today
Starting ₹7,999 · 15-20 Working Days · DSC, DINs & MCA Filing Included
✓ MCA Filing ✓ RBI Guidance ✓ Post-Registration Support