• Aanoor Global Corporate Solutions Pvt Ltd.

Nidhi Company Registration

Are you ready for nidhi company registration? The complete solutions for incorporating a Nidhi company which includes the issue of shares, acquiring Nidhi status, and incorporation of Nidhi company incorporation! The Nidhi company rules are simple with Aanoorglobal.

Nidhi Company formation


  • Digital signature for three directors
  • DIN for three directors
  • Name search and approval
  • ROC registration fees
  • Certificate of Incorporation, MOA and AOA
  • Company PAN Card

nidhi-companyWhat is Nidhi Company?

A Non-banking financial company (NBFS) that does not need any license from the RBI is Nidhi Company. It’s cheap and easy to fill the form and registration is easier. Anybody can incorporate a Nidhi company as there is no background check; there is no prescribed qualification for the creditors. Nidhi companies can only deal with their members and not others.


Benefits of Nidhi Company Registration

  • Easy transfer of ownership.
  • No Stamp duty.
  • Easy to manage and Tax benefits.
  • Relaxation in compliances.
  • No minimum share capital needs.
  • No need to use Limited or Nidhi title.
  • Clear objectives for easy loans and donations.

What are the concerns related to Register Nidhi Company?

  • Amateurs usually lead Nidhi companies & professional managers cannot be hired because of the lack of funds.
  • As Nidhi companies do not require License from the RBI, people get afraid to deposit on it.
  • Highly dependent on the honesty, integrity and loyalty of members and workers.

Minimum requirements for Nidhi Company Registration Online

Documents required for Nidhi Company Registration

  • The director’s passport size photographs.
  • Copy of rent agreement and Landlord NOC.
  • Copy of property papers
  • Copy of director’s PAN card.
  • Copy of voter identity or Aadhar card of directors.
  • Water or electricity bill of the business place.

Before Incorporation

  • Minimum 3 directors and 7 shareholders.
  • Capital of INR 10 lakhs
  • DIN for all directors.

After Incorporation

  • The net owned fund shall not be less than Rs 10 lakhs.
  • Net owned funds to deposit ratio need to be higher than 1:20
  • Minimum number of 200 shareholders
  • Unencumbered deposits of not less than 10% of the outstanding deposits.

How to register Nidhi company?

application din and dsc

Application for DIN and DSC

The partner needs to apply for DIN and DSC for Nidhi Company. The DSC is one of the online signatures used for filing and Directors PIN is issued by MCA. If the directors hold both DIN and DSC, you can go to the next step.


Approving your business name

You need to give at least two different name options through Reservation of Unique Name in MCA portal, and the MCA will be choosing any of the names you have provided for Nidhi Company. The names given need to be suggestive and unique of company business.


AOA and MOA submissions

Once your business name is approved, you need to draft Articles of Association and Memorandum of association to be filed with necessary attachments through e-forms. You need to make sure the Nidhi company object should be a charitable object. Both AOA and MOA are filed with MCA with the statement of subscription


Obtain an Nidhi Company Registration Certificate

A Nidhi company can be formed within 15 to 25 days, and you will be able to start the business once you get the incorporation certificate. It is proof that the company has been created and the CIN number is also one important thing included in it.


Apply for TAN, Bank account and PAN

Once you have got your incorporation certificate, you need to apply for TAN and PAN. Both will be received within seven working days. With these COI, MOA and AOA will go for account opening to commence business activity.