Get NIDHI Company Registration with CLIQTAX @ Rs. 19999* /-

Important Points

  •    Offer Price: Rs. 19999* /- (No hidden charges)
  •    Regular Price: Rs. 22999/-
  •    Registration in 10 working days
  •    Complete online Process
  •    Satisfaction or Money Back Guarantee
Business Served

10000 + Business Served

Team of Experts

Team of Experts

Easy EMI Options

Easy EMI Options

* The above-mentioned government fee has been calculated on a minimum capital contribution of Rs.100000
* Stamp duty may vary from state to state
* Extra charges for NRI/Foreign directors, or an additional person or Foreign shareholding companies

Get your NIDHI Company Registration @₹ 19999.00* Only

How to register a Nidhi Company in India?

CLIQTAX will help you register a Nidhi Company in five simple steps

Give us your details
Give us your details

A professional from CLIQTAX will contact you and verify the information provided

Apply for DSC and DPIN
Apply for DSC and DIN

We will obtain one Digital Signature Certificate (DSC) and DIN for one individual

Apply for Name Reservation
Apply for Name Reservation

We will check for name availability and apply for name approval for the company

Submit the documents
Submit the documents

Our team will draft all documents, prepare the application & submit it to ROC for registration

Certificate of Incorporation
Certificate of Incorporation

Get the Certificate of Incorporation & PAN, open a bank account & start your business.

Registration of Nidhi Company in India Online- All you need to know


A Nidhi Company is a company registered under Companies Act and notified by Central Government under Section 620A of Companies Act, 1956 as a Nidhi Company. It is a NBFC or a non-banking finance company engaged in the business of lending and borrowing with its members.

‘Nidhi’ in the Hindi Language, means ‘treasure’. This type of company is incorporated with the aim of encouraging a habit of savings in its members. It can only take deposits from and lend to its members for mutual benefit as per compliance with the Companies Rules, 2014. A ‘Nidhi Company’ is also known as Permanent Fund, Benefits Fund, Mutual benefits Fund and Mutual Benefits Company.

Nidhi Companies must have at least seven members out of which three must be directors of the company. The equity share capital required to start a Nidhi Company must be a minimum of Rs. 5 Lakhs. A Nidhi Company cannot issue preference shares.


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A Nidhi Company cannot do business in chit funds, hire-purchase finance, leasing finance, insurance or securities business. It is restricted from accepting deposits from or lending funds to, any other person except members. Moreover, a Nidhi Company cannot advertise itself to ask for any deposits. All such companies must apply ‘Nidhi Limited’ after their name.

The main source of funds of a Nidhi Company is the contribution from the members. The loans to the members are secured and provided at a reasonable rate for objectives such as house construction or repairs. Since Nidhi’s come under NBFCs, RBI can issue directives to them in matters relating to their deposit acceptance activities. However, since these Nidhi’s deal with their shareholder-members only, RBI has exempted the notified Nidhi’s from the core provisions of the RBI Act and other directions applicable to NBFCs. 

Advantages of Nidhi Company registration

Registered businesses always get preference over unregistered businesses. Corporate customers, government agencies and investors prefer to deal with a registered company instead of a proprietorship. Nidhi Company offers multiple other benefits as follows

  •    Simple registration Registering a Nidhi Company is an easy process. Only seven members and few basic documents are required.
  •    No RBI compliance A Nidhi Company is incorporated as a Public Limited Company and does not require a license from RBI for its operation.
  •    Little to no risk Since deposits are accepted and loans given only to its members, there is less risk. The savings of members are always safe in a Nidhi Company.
  •    Secure loans The investments are secure in a Nidhi Company. There is less risk of non payment of loans as compared to other financial businesses.
  •    Less Capital Required The minimum capital required to register a Nidhi Company is Rupees Ten lakhs only.
  •    Membership benefits Loans are given to members at a lower rate as compared to the market rate which attracts its members to do more savings.
  •    Funding System Nidhi companies operate on Net owned funding system in a ratio of 1:20 which means that investment of 1 rupee will get funds of Rs. 20.
  •    Continuous Operation Due to perpetual succession, a Nidhi Company operates continuously even after the death, insolvency, insanity of any member.

You will also get a Company’s Current Account - Powered by RBL Bank *

Checklist for Registering a Nidhi Company in India

Minimum 7 members required

At least 7 members are required to register Nidhi company out of which 3 should be appointed as the directors of the company. Within one year of registration, the company should acquire a minimum 200 members.

Unique Company Name

The Nidhi company has to choose and send three names to MCA for approval out of which one will be selected. The proposed names should be unique & must not resemble any existing business or trademark in India.

Objective in MoA

The following objective has to be mentioned in MoA - “cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit..”

Minimum Capital

The company should have minimum paid up share capital of Rs. 5 lakhs. The net owned funds must be increased to Rs. 10 lakhs within a year. At least 10% of its outstanding deposits should be exempted term deposits.

Company’s Registered Office

A registered office address is required along with valid address proof and pin code to register the Nidhi Company. The company can also be registered on a residential address.


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How to Register a Nidhi Company Online - A detailed registration process

Now registering a Nidhi company is very simple with CLIQTAX. Just follow the few steps given below & with a few clicks your registration is done.
Here is the simple step-by-step that should be followed to register a Nidhi company in India

Submission of documents

Submission of documents

Apply for DSC/DPIN

Apply for DSC/DPIN

Apply for Name approval

Apply for Name approval

E-MOA & E-AOA Filing

E-MOA & E-AOA Filing

Get approval

Get approval

GST Registration

GST Registration

Payment gateway

Payment gateway

Start your business

Start your business

Why Choose CLIQTax

CLIQTAX believes at rendering premium services and delivering it in a quick manner. The incorporation services shall be delivered following the SPICe route.

Customer Satisfaction
Customer Satisfaction
Transparent Pricing
Transparent Pricing
Technology Platform
Technology Platform
Payment Security
Payment Security
Timely work completion
Timely work completion
All time consultancy
All time consultancy
One Stop Solutions
One Stop solutions
Real time update
Real time update

Selecting the Company name before Registration

Choosing a name for your company is one of the most important decisions you’ll make before registration. The selected name must be unique, easy to identify and relatable. It should not be too complex. It is advisable to choose a meaningful name which relates to the business or service. One must ensure that the chosen name is not similar with any other company, partnership or trademark name.
Therefore, it is advisable to come up with at least six names and check their availability. Our experts will help you to check the selected names on MCA and Trademark database to choose the best name for which you can book website domain as well as trademark registration to secure your brand.

The proposed name should contain three parts:
  •    Name Part : The first part should contain a unique name which does not match with any existing business in India. The name builds the brand of the business . According to the Companies Act, the name should not be generic or vague and should not contain any offensive words.
  •    Object Part : The second part describes the object or business activity of the company and helps promote the business or service. It also makes the consumers aware of the field of operation.
  •    Statutory part : The last part of the name represents the type of company or partnership. For a Nidhi company, it is mandatory to write “Nidhi Limited” at the end of the name as a suffix, according to the Companies Act.

Documents & Information required for NIDHI COMPANY registration

There are certain documents and information required as ID proof and address proof for director and nominee of the company proposed to be registered which are as follows

For Partners

For Directors and shareholders

Identity and Address Proof- Only scanned copy required

For the foreign nationals, an apostilled or notarized copy of the passport has to be submitted mandatorily. All documents submitted should be valid. The residence proof documents like the bank statement or the electricity bill must be less than 2 months old.

Registered Office Proof- Only scanned copy

Registered Office Proof- Only scanned copy

Following are the list of documents required for registered office to register a company in India

Note : It is not necessary to have a commercial space as registered office of company; you can even use your house address as registered office for communication purposes.

How can CLIQTAX help in Registering your Company in India?

With CLIQTAX, you can get a Nidhi company registered from the comfort of your own home. You don’t even need to come out to visit the offices of any professionals to get this work done. This process is completely online & our experts will help you get this registration completed over call within 5 to 6 working days. Our experts will take care of all financial and legal compliances. During the process we will keep you updated about the developments.

Frequently Asked Questions (FAQs)


Q. What is a Nidhi Company?


A Nidhi Company is a type of Non Banking Financial Company registered under the Companies Act and formed with the object of cultivating the habit of savings in its members. It accepts deposits and provides loans to its members only.

Q. Which activities are prohibited in a Nidhi Company?


A Nidhi Company cannot carry out business in the following areas - chit funds, hire-purchase finance, leasing finance, insurance or securities business. The company is allowed to accept deposits from or lend funds to its members only. Also, it can’t advertise itself to ask for any deposits.

Q. Which forms must be filed for the registration of a Nidhi Company?


The following two forms have to be filed for the registration of a Nidhi Company -
INC 9 – This form must be filed by all the subscribers to MoA
DIR 2 – This form has to be filed by all the directors of the company, also to be signed by all the subscribers

Q. How is the annual filing of Financial Statements and Annual Return carried out?


Form AOC -4 and form MGT -7 have to be filed by a Nidhi Company every financial year.
Form Aoc-4: Filing of Financial Statements
Nidhi company has to file its financial statements, a notice convening the General Assembly, the reports of its Directors, the audit reports, and the ROC balance sheet within 30 days from the date of the Company’s Annual General Meeting.
Form MGT-7: Annual Return
The Nidhi company shall send its annual return along with the list of company members within 60 days of the Annual General Meeting.

Q. Mention the compliance requirements for a Nidhi Company.


NDH-1 Form: In this form, a Nidhi Company must submit the list of members within 90 days at the end of every financial year.
NDH-2 Form: The company can request MCA for an extension in this Form, if it has not been able to add 200 members in its first financial year.
NDH-3 Form: In this form a half-yearly return is required to be filed.
Annual Returns with ROC: The Nidhi Company has to file its Annual Returns with MCA through Form MGT-7.
Profit & Loss Statement and Balance sheet: In form AOC-4, the financial statements and other related documents are to be submitted every year.
Income Tax Returns: Nidhi Company must file its Annual Income Tax Returns by 30th September of the following financial year

Q. What is the Director Identification Number (DIN)?


Any individual who wishes to be appointed as a Director in any Company or Designated Partner in an LLP must file an application in form DIR-3 with MCA for allotment of Director Identification Number (DIN).
It must be noted that an individual can’t have more than 1 DIN as Director Identification Number (DIN) is a unique number allotted by the Ministry of Corporate Affairs to an individual.

Q. What is Paid-up Capital and Authorized Share Capital?


Paid-up share capital refers to the actual amount raised by a company i.e.; amount paid by the shareholders on the issuance of shares. While authorised share capital can be defined as the maximum amount of share capital that a company can raise by way of issuance of shares at present or in the future. It is also possible to increase the authorised share capital to raise more paid-up share capital by way of issuance of shares.
Anyone can register a company in India by any amount of paid-up share capital not exceeding the amount of authorized share capital. It must be noted that the amount of paid-up share capital can be less or equal to the authorized share capital but can’t be more than the amount of authorised share capital in any case.

Q. Is physical presence required during the registration process?


No, a Nidhi Company registration process is completely online. So, none of the promoters/directors are required to visit physically at any place. All required documents & information can be sent through e-mail or uploaded on our portal for filing.
We only require self-attested scanned copies of all documents & relevant information along with your authorisation to submit an application before authority on your behalf.
All the forms are filed online on the MCA web portal, application & documents are digitally signed & submitted before the authority for approval.

Q. What are the prerequisites to register a Nidhi Company in India?


Since a Nidhi company is registered as a Public Limited Company, the registration process is similar and the following things are required:

  •    Minimum 3 directors & 7 shareholders/members are required to be appointed, out of which one must be a resident of India. It should be noted here that an individual can become shareholder and director at the same time.
  •    A place of business in India must be provided as a registered office address.
  •    KYC documents such as copy of PAN card & Aadhaar card of Directors/Shareholders
  •    E-mail ID & Mobile number for Directors/Shareholders

Q. What are the conditions to be fulfilled by a company for getting Nidhi status?


The following conditions have to be fulfilled within one year of registration for getting a status as Nidhi Company

  •    It should have a minimum 200 members.
  •    The net owned funds should be Rupees 10 lakh rupees. Net owned funds = Equity share capital + free reserves (-) accumulated losses (-) intangible assets
  •    Unencumbered term deposits must be 10% or higher of the outstanding deposits
  •    The ratio of net owned funds to deposits must not be more than 1:20

If Nidhi Company fulfills all above conditions, it should file NDH-1 along with the stipulated fees within 90 days from the end of the first financial year after incorporation. The form must be duly certified by practicing CA/ CS/ CWA. An extension of one more financial year can be granted upon submitting NDH-2 to the Regional Director within 30 days from the end of the first financial year. If after the second financial year, it doesn’t complete the requirements, the Nidhi Company cannot accept deposits till it complies with the provisions. A penalty will be imposed as well.

Q. What are the documents required for registering a Nidhi Company?


The following documents need to be submitted to register a Nidhi Company

  •    Proof of the registered place of business (Ownership documents/ rent or lease agreement)
  •    No Objection Certificate (signed by the owner/ landlord)
  •    Identity proofs (Aadhar card/ Voter ID/Passport)
  •    Address proofs of the members
  •    Passport photos of the members
  •    PAN card copies of the members
  •    Digital Signature (DSC)
  •    Director Identification Number (DIN) of the directors
  •    Memorandum of Association of the company (MoA)
  •    Articles of Association of the company (AoA)

Only one object will be mentioned in MoA of the company: “cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit..”

Q. Is there any limit on deposits in Nidhi Company?


Yes, a Nidhi company cannot accept deposits of more than 20 times of its Net Owned Funds (NOF) as per its last audited financial statement.

Q. Who can become a member of Nidhi Company?


Any individual who is an Indian resident can become a member of Nidhi company. He/she must have attended the age of 18 years or above to be eligible to form a Nidhi Company.

Q. Who can be appointed as a Director in a Nidhi Company?


Any individual above the age of 18 years can be appointed as director in the company after getting the Digital Signature Certificate (DSC) & Director Identification Number (DIN).
Even a foreign national can also become a director in a Nidhi company; as such there is no specific criteria prescribed in terms of his/her citizenship or residency. Now-a-days DIN gets allotted at the time of company registration subject to a limit of maximum 3 DIN. For obtaining more than 3 DIN, an application can be filed separately in form DIR-3 with MCA.

Q. What is a Digital Signature Certificate? Who can apply for it?


From incorporation to regular annual filing, there are multiple e-forms prescribed under MCA which are required to be digitally signed & submitted to the Ministry of Corporate Affairs. Digital Signatures can be used for filing purposes only such as MCA Filing for Company Incorporation, Annual Filing etc, It can also be used for GST Registration & Returns filings, Income Tax filings etc.
MCA has authorised certain authorities to issue Digital Signatures Certificates in the form of a token. DSC can be issued in 2 forms, one is class-2 digital signature certificates & another one is class-3 digital signature certificate.

Q. Can we register Nidhi company at the residential address?


Yes, it is possible to use a residential address for a Nidhi company registration to receive official communication from authorities such as MCA, Income Tax, GST department etc.

Q. Is stamp duty payable during Nidhi company registration process?


Yes, Stamp duty charges are imposed by the state in which the registered office of the company is proposed to be located. The charges are on MOA, AOA & application form.
Our charges are covered under the plan for all the states except Kerala, Punjab & Madhya Pradesh.
Our experts will guide you on additional charges applicable if any for Kerala, Punjab & Madhya Pradesh.

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