Nidhi Company
A Nidhi Company is a company which is mainly working as a non-banking financial company having its main business is borrowing and lending of money between their members. These companies are working in India in form of Permanent Fund, Mutual Benefit Fund, Benefit Funds, Mutual Benefit Company, etc. GrowBizz India helps you to register your Nidhi Company with complete registration process. Our professional team helps you easy and quick registration of Nidhi Company with online documentation, filing and registration with MCA/ROC.
Advantages of Nidhi Company
- Nidhi Company can provide financial services to its members with minimum documentation and formalities
- Nidhi Company can help low income people to get easy finance
- Easy to incorporate and maintain
- Minimal risk of non-payment of loans
- Limited RBI regulations applicable as compared to other financial or banking organizations
- Low capital required for incorporation
- No outside interference to Nidhi Company
- Perpetual succession and separate legal existence
Documents required for Registration
- Pan Card of directors and shareholders
- Address Proof of directors and shareholders (passport / election card / ration card / driving license / aadhaar card)
- Residential Proof of directors and shareholders (Electricity bill / Telephone bill / Bank Statement / Mobile bill)
- Passport Size photographs of directors and shareholders
- Rental agreement between Company and owner
- Copy of utility bill of place of business
- No objection certificate from owner
- Unique business name
- Email-ID and Mobile numbers of all directors and shareholders
Disclaimer:
Additional details or information or documents other than mentioned in above list; may be called if required.