Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Find Online Nidhi Company Registration Process at Low Cost & Free Consultant in Maharashtra

Author: Oneclick Businesssolutions
by Oneclick Businesssolutions
Posted: Dec 30, 2021

When it comes to the formation of a NBFC Company, Nidhi Limited registration is considered to be the easiest. Nidhi Companies get legal acceptance under the section 406 of Indian Companies Act 2013. It promotes financial activities specially, lending and borrowing money among their members.

The core business activity of a nidhi company is to borrow and lend money to its members only. A nidhi company can take deposits from its members and offer money to them. One Click Business Solutions have a team of passionate and highly experienced professionals to offer nidhi company registration service.

If anyone wishes to start business in the financial sector in Ahmednagar, Maharashtra, they should start with the formation of Nidhi Company. Since Nidhi Company registration procedure requires less documentation and fees, this is the best that we can recommend and get best consultant for nidhi company registration.

Requirements to Start a Nidhi Company

To start a Nidhi Company you will have to comply with some minimum requirements. Check them below -

  • Associates and Directors
  • You can start your Nidhi Company with at least 7 numbers of associates. Among these 7 associates 3 must be registered as the Director of the Company. Although there is no upper limit of members, you need to increase the membership number to 200 within one year of incorporation.

    Please note that no minor or corporate body can be associates of a Nidhi Company.

  • Name Declaration
  • All Nidhi Companies enjoy the status as a Public Limited Company, by default. So, the name of your company must be concluded with ‘Nidhi Limited’ word.

  • NOF Rule
  • NOF is the short form used for the term "Net Owned Fund." There must be?10 lakhs or more to be shown as the NOF.

  • Deposit to NOF Ratio
  • The ratio of Deposit to NOF should be 20:1 in your Nidhi Company. That means if you are investing?1 in your Nidhi Company, you can increase it up to?20 with the deposits and not more than that.

    We offer quick nidhi company registration online at cheapest price in Ahmednagar, Nanded, Nasik and fast procedure with proper documents for nidhi company registration in Kolkata, West Bengal, Delhi, UP, Maharashtra, MP, Mumbai, Jaipur, Varanasi, Lucknow, Uttarakhand, Dehradun, Assam, Gujarat, Haryana, Pune, Punjab, Rajasthan, Bihar, Jharkhand, Habra, Murshidabad, Barasat, Nadia, Midnapore, South-North 24 Parganas. We have a highly experienced professionals team for nidhi limited company registration service and always keep ourselves updated to all latest technical updates, development and changes for it.

    About the Author

    One Click Business Solutions is India's largest business services platform committed to help entrepreneurs smoothly commence and develop their business at an affordable cost.

    Rate this Article
    Author: Oneclick Businesssolutions

    Oneclick Businesssolutions

    Member since: Jan 16, 2020
    Published articles: 3

    Related Articles