Nidhi Company
Start your member-based finance business with expert support – simple, secure, and compliant.
Nidhi Company
A Nidhi Company is a type of company formed to encourage savings among its members and provide loans to them.
It operates on the principle of mutual benefit and is mainly used for borrowing and lending within members.
Benefits of Nidhi Company
- Easy Loan Facility – Loans for members
- Promote Savings – Encourages financial discipline
- Limited Liability – Members’ risk is limited
- Simple Structure – Easy to operate
- Low Risk -Works within member network
Who Should Register?
This is best suitable for:
- Small finance groups
- Community-based businesses
- Individuals interested in finance activities
- Local saving & lending groups
Requirements
Minimum 7 Members
Minimum 3 Directors
Self-attested PAN Card of Partners
Aadhaar Card / ID Proof
Address Proof (Bank Statement / Utility Bill)
Passport Size Photograph
Registered Office Address Proof
Frequently Asked Questions
Find answers to common questions about our Nidhi Company.
Minimum 7 members are required.
No, it can deal only with its members.
Usually 10–15 working days.
No, the entire process is online.
To promote savings and provide loans to members.