Nidhi Company Registration
Register your Nidhi Company for mutual benefit, savings, and lending activities. Perfect for community-based financial services.
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Frequently Asked Questions
A Nidhi Company requires a minimum of 7 members at the time of incorporation and must have at least 200 members within one year of incorporation.
Nidhi Company must have minimum net owned fund of ₹10 lakhs within one year of incorporation.
No, Nidhi Company can only accept deposits from its members. It cannot accept deposits from the general public.
No, Nidhi Company can only lend money to its members. It cannot lend to non-members.
Nidhi Company cannot issue preference shares, debentures, or bonds. It cannot carry on chit fund, hire purchase finance, or insurance business.
No, Nidhi Company does not require RBI approval. However, it must comply with Nidhi Rules, 2014.
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