Nidhi Company

Nidhi Company is categorized as non-banking finance firms and considered to be an excellent option for entrepreneurs aspiring for a financially economical venture.

GJMPay Can help you incorporating Nidhi Company.

What is Nidhi Company?

Registered under the Section 204 of Companies Act, 2013 and primarily controlled by the Central Government, Nidhi Company enables receiving and lending of funds between the core-members / shareholders, thus promoting a sense of savings and thrift among them.

Nidhi Company is a classified as a Non Banking Financial Company (NBFC), while RBI owns the authority to issue directives to its members with matters relating to acquiring and lending of deposits.

Nidhi company can deal directly with its shareholders / members who can borrow and / or lend money to a specific group of people complying with the guidance of RBI’s Company Rules 2014. The types of Nidhi Company, include permanent funds, mutual benefit funds, a mutual benefit company, and benefit funds.

Advantage of Nidhi Company

Distinct Entity
Perpetual Succession
Easy to Manage
Economical Borrowings
Property Ownership
Less Complicated

Document Required for Nidhi Company

PAN Card
Voter's ID/Passport/Driving License
Latest Bank Statement / Telephone or Mobile Bill / Utility Bills (Electricity / Water / Gas) (Valid & Recent Less than 2 months)
Specimen Signature
Notarized Rental Agreement
No-Objection Certificate from the property owner
Sale Deed/Property Deed in English (in case of owned property)

Secure Payments

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100% Payment Protection. Easy Return Policy.

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