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Nidhi Company Registration In India

Nidhi Companies, categorized as Non-Banking Financial Companies (NBFC), specialize in accepting deposits and providing loans exclusively to their members. Their main objective is to promote the principles of thrift and savings while working for the mutual advantage of their members. They only accept deposits from registered members and lend only to enrolled members, refraining from any dealings with non-members.<br><br>Registration Arena can assist to complete the Nidhi Company formation procedure in a few easy steps.<br>Visit us - https://registrationarena.com/nidhi-company-registration/

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Nidhi Company Registration In India

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  1. Nidhi Company Registration in India

  2. What is a Nidhi Company ? • Nidhi Companyis one of the simple and easiest options to start a lending and borrowing business in India without RBI approval. • Nidhi Companies are basically Non-Banking Financial Companies (NBFC) that are engaged in the business of accepting deposits and providing loans to their members.

  3. Minimum Requirement For Nidhi Company Registration • Minimum 7 Shareholders • Minimum 3 Directors • Minimum capital of 10 lakh Rupees • At least 1 Director shall be a permanent resident of India

  4. Advantages of Nidhi Company • No restriction on number of members • Minimum capital requirement • RBI Regulations not applicable • Secured Loans to its members

  5. Features of Nidhi Company Registration • Dealings with members only • Name and Object of Nidhi Company • May open many Branches • Secured loans for Nidhi Company members

  6. Website :www.registrationarena.com Email : support@registrationarena.com Address :Stepup India Legal Solutions Private Limited, Flat no 202, 2nd Floor,U-A-3/1, Above Vaibhav Jewellers, Ajmera Housing Complex, Pimpri – Pune 411018 Contact Us Phone :+91 8600544411, +91 8600544422

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