A member-based mutual-benefit company for borrowing and lending among its members, the simplest way to run a community finance business. We do the whole registration.
A Nidhi Company is a type of non-banking finance company (NBFC) formed to cultivate savings and lend among its members for their mutual benefit. Unlike other NBFCs, it doesn’t require RBI licensing to start — it’s governed by the Companies Act and Nidhi Rules — making it a popular, lower-barrier way to run a community finance business.
Govyapar registers your Nidhi Company (minimum 7 members and 3 directors), and guides the post-incorporation requirements — such as reaching 200 members and the prescribed net-owned-funds within the first year, and the NDH filings.
A Chartered Accountant runs every stage, name & DSC to post-setup.
Name reserved; signatures & director IDs arranged.
MOA/AOA drafted, incorporation filed.
COI, PAN & TAN issued.
Guidance on 200 members, NOF & NDH filings.
No — unlike most NBFCs, a Nidhi Company doesn’t require an RBI licence to start. It’s governed by the Companies Act and Nidhi Rules.
A minimum of 7 members and 3 directors to incorporate. Within one year, the company must reach at least 200 members and the prescribed net owned funds.
It accepts deposits from and lends to its members only — it cannot deal with the general public or do chit-fund, hire-purchase or insurance business.
Regular ROC annual filings plus Nidhi-specific returns (NDH forms). We can manage all of it.
Community finance business, incorporated the right way — CA-assisted.
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