Nidhi Company Registration
A public company formed to encourage thrift and savings within its own membership — incorporated under the Companies Act, and bound by the Nidhi Rules from day one.
- Professional fee
- Written quote
- Working timeline
- Confirmed after scope review
- Government charges
- Shown before payment
Built for
7 members, 3 directors
Best when
Lending stays within the membership
Is a Nidhi company
right for you?
Choose it only when your lending and deposits genuinely stay inside a defined group of members.
Members, not the public
Deposits come from members and loans go to members — never to outsiders.
Thrift and savings is the object
The company exists to cultivate savings within the group, not to run a general finance business.
Secured, small-ticket lending
Loans are secured and capped in the manner the Nidhi Rules prescribe.
You can meet the conditions
200 members, ₹20 lakh net owned funds and the prescribed ratio within the prescribed period.
Nidhi
Best when savings stay inside the membership.
The post-incorporation conditions are the hard part.
Incorporation is straightforward; keeping Nidhi status is not. Membership, net-owned-funds and deposit ratio conditions must be met and reported in NDH-1, with an extension applied for in NDH-2, or the company cannot accept fresh deposits.
What you receive,
ready to use.
A Nidhi company is a public company formed to cultivate thrift and savings within a defined group of members. We handle name approval, digital signatures, director identification and the SPICe+ incorporation filing, and set out the post-incorporation conditions that decide whether the company keeps its Nidhi status.
legally formed.CIN · PAN · TAN
Certificate of Incorporation with CIN
Company PAN and TAN
Memorandum and Articles drafted for Nidhi objects
DSC and DIN for the directors
A written compliance plan for the first year, including NDH filings
What must be
in place.
A minimum of seven members and three directors at incorporation.
Minimum equity share capital of ₹10 lakh, as prescribed for Nidhi companies.
The name must end with 'Nidhi Limited' and the objects must be limited to cultivating thrift and savings among members.
Only individuals can be members — companies and trusts cannot be admitted.
Within the prescribed period after incorporation the company must reach 200 members, net owned funds of ₹20 lakh, and the prescribed net-owned-funds-to-deposits ratio.
Chit fund, hire purchase, leasing, insurance and securities business are not permitted, and the company cannot advertise for deposits or open current accounts for members.
Compare the common structures
A starting point only. Tax and legal outcomes depend on your facts.
| Decision | Private limited | LLP | OPC | Proprietorship |
|---|---|---|---|---|
| Owners needed | 2 or more shareholders | 2 or more partners | 1 member plus a nominee | One owner |
| Liability | Limited to shares held | Limited to agreed contribution | Limited to shares held | Personal liability |
| Outside investment | Set up for equity funding | Not suited to equity investors | Converts before raising equity | No equity shares |
| Annual filings | Company filings and audit thresholds | Lighter filings, audit above turnover limits | Company filings, some relaxations | Usually the lightest |
| Running cost | Highest of the three | Moderate | Moderate to high | Lowest |
| Common fit | Startups, teams hiring or raising | Professional and service partnerships | A single founder wanting a company | Small owner-led businesses |
From incorporation to
Nidhi status.
Incorporation is the first half. The Nidhi conditions after it decide whether the company can keep taking deposits.
Structuring and name approval
Day 1–4
We handle
Confirm the membership plan, reserve a name ending in 'Nidhi Limited', and prepare objects that match the Nidhi Rules.
You provide
Share proposed names, the member and director list, and the capital structure.
DSC and DIN
Day 3–6
We handle
Obtain digital signatures and director identification numbers for all proposed directors.
You provide
Complete video verification and share signed consents.
SPICe+ incorporation filing
Day 6–12
We handle
File SPICe+ with the Memorandum and Articles drafted for Nidhi objects, along with PAN and TAN applications.
You provide
Sign the incorporation documents and provide the registered office proof.
Certificate and bank setup
Day 12–18
We handle
Hand over the Certificate of Incorporation, PAN, TAN and the statutory registers.
You provide
Open the company bank account and bring in the subscribed capital.
Post-incorporation Nidhi conditions
Ongoing
We handle
Track the membership and net-owned-funds conditions and prepare NDH-1, NDH-2 and NDH-3 as they fall due.
You provide
Enrol members and record deposits and loans as advised.
A checklist without
the back-and-forth.
We ask only for records or data relevant to your application, review, or audit scope.
- PAN card of every director and subscriber
- Aadhaar, voter ID, passport or driving licence
- Recent bank statement or utility bill, not older than two months
- Passport-size photographs
Before you begin
Use clear PDF, JPG, or PNG files.
Keep address records recent and readable.
Transparent fees,
before you commit.
Each registration carries its own government fee, and some are state-specific. We quote the exact combination for your business before any work begins.
Your written quote covers
- — Structuring and name approval
- — DSC and DIN
- — SPICe+ incorporation filing
- — Certificate and bank setup
- — Post-incorporation Nidhi conditions
Not included automatically
- — Government filing fees and stamp duty, which depend on capital and state
- — Statutory audit and accounting fees after incorporation
- — Cost of the branch or office premises
- — Any professional fees for NDH filings beyond the first year
Costs that can repeat
- — Form NDH-1 with the statutory auditor's certificate after the first financial year
- — Form NDH-3 half-yearly return
- — Annual filings in AOC-4 and MGT-7, and the statutory audit
- — Income tax return and director KYC each year
Incorporation is the start,
NDH filings follow.
Nidhi companies carry the usual company filings plus returns unique to the Nidhi Rules.
Form NDH-1
Within 90 days of the first financial year end
Return of statutory compliances, certified by a practising professional.
Form NDH-2
As required
Application for extension of time where membership or net-owned-funds conditions are not met.
Form NDH-3
Half-yearly
Return of members, deposits and loans for each half year.
AOC-4 and MGT-7
Annually
Financial statements and annual return, following the annual general meeting.
Got questions?
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