Institutional Objectives
Purpose of Incorporation
Nidhi Companies are specialized NBFCs (Non-Banking Financial Companies) incorporated with the primary objective of:
- Cultivating the habit of thrift and saving among its members
- Receiving deposits from, and lending to, its members only for their mutual benefit
- Encouraging disciplined savings and providing easy access to credit
- Compliance with Nidhi Rules, 2014 and the Companies Act
Regulatory Framework
Expert Guidance
Registering a Nidhi Company requires meticulous adherence to Ministry of Corporate Affairs (MCA) norms, including a minimum of 7 members and 3 directors. We handle the entire documentation process, ensuring your entity is compliant from day one to accept deposits and provide loans to your member community.
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