Nidhi Limited Company
Register a Nidhi Company — a mutual-benefit company that accepts deposits from and lends to its own members — with incorporation, NDH filings and ongoing compliance support.
- Timeline15–20 working days for MCA incorporation.
- Starting at₹1,999 + GST & Govt. fees applicable
- Documents9 items — shared securely online
About Nidhi Limited Company
A Nidhi Company promotes savings among its members and lends only to them. It is a popular way for communities and groups to pool money for mutual benefit under a regulated framework.
Nidhi companies are incorporated as public companies and must meet membership and net owned fund conditions before the central government declares them as Nidhi. NewStarts handles incorporation, the NDH-4 declaration application and the periodic returns.
What is Nidhi Limited Company?
A Nidhi Company is a public company formed under Section 406 of the Companies Act, 2013 and the Nidhi Rules, 2014, with the object of cultivating thrift and savings among its members and accepting deposits from and lending to members only.
100% online, no office visit- Category
- Startup & Company Registration
- Authority / portal
- Ministry of Corporate Affairs — MCA21 portal and the Registrar of Companies; declaration by the Central Government under the Nidhi Rules
- Timeline
- 15–20 working days for MCA incorporation.
- Starting price
- ₹1,999
- Mode
- 100% online — no office visit needed
Who needs Nidhi Limited Company?
Situations where this service is required or strongly recommended.
Community savings groups
Groups that want a legal structure to pool and lend money.
Mutual-benefit associations
Members who want to borrow at fair rates from their own fund.
Local financial entrepreneurs
Founders building a member-based savings and lending business.
Eligibility
Basic conditions to qualify for Nidhi Limited Company.
Public company form
At least seven members and three directors at incorporation.
Name ending with 'Nidhi Limited'
The name must reflect the Nidhi status.
200 members and ₹20 lakh NOF
Within 120 days of incorporation, to apply for Nidhi declaration.
Equity-only capital
Nidhis cannot issue preference shares or debentures.
Benefits of Nidhi Limited Company
What you gain once it is done right.
Low-cost member lending
Members borrow against deposits or security at fair rates.
Encourages savings
Members earn interest on deposits within the Nidhi.
No RBI licence needed
Nidhis are regulated by MCA and exempt from core RBI NBFC rules.
Limited liability
Members' liability is limited to their shares.
Community trust
A regulated, transparent structure for local lending.
Types of Nidhi Limited Company
Choose the option that matches your situation.
Recurring deposit schemes
Members save monthly for a fixed tenure.
Fixed deposit schemes
Lump-sum deposits for set periods.
Savings accounts
Member savings accounts within the prescribed interest limits.
Secured loans to members
Loans against gold, property, FDs or other allowed security.
Documents required
Keep these ready. We share an exact checklist for your specific case and collect everything through a secure online link.
Get this checklist on WhatsAppPAN Card of Directors & Members
Permanent Account Number of directors & members — mandatory for the incorporation forms.
Aadhaar Card of Directors & Members
Aadhaar of directors & members for identity and address verification.
Passport Size Photographs
Recent passport-size photograph of each director and subscriber.
Address Proof of Directors & Members
Latest bank statement, utility bill (not older than 2 months), driving licence or voter ID showing the residential address.
Registered Office Address Proof
Latest electricity, water or telephone bill (not older than 2 months) or property tax receipt of the office premises.
Rental Agreement / NOC
If the premises are rented — a registered rent agreement along with a No-Objection Certificate from the property owner.
Digital Signature Certificate (DSC)
Valid Class 3 DSC of the directors signing the e-forms — we can arrange one for you if you do not have it.
Proposed Nidhi Company Names & Objects
Two or three preferred names ending with "Nidhi Limited", plus the mutual-benefit objects of the company.
Share Capital Contribution Details
Details and proof of the capital to be subscribed by members, as per the Nidhi Rules.
Step-by-step process
How NewStarts takes Nidhi Limited Company from first call to final delivery.
- 01
Consultation
We check whether the Nidhi model fits your plan and members.
- 02
DSC and name reservation
DSCs for directors and a name ending with 'Nidhi Limited'.
- 03
Incorporate as a public company
SPICe+ filing with Nidhi-specific MoA and AoA.
- 04
Reach membership and NOF
200 members and ₹20 lakh net owned funds within 120 days.
- 05
Apply for declaration (NDH-4)
Filed with MCA for declaration as a Nidhi.
- 06
Start operations and returns
Set up member records, deposit schemes and periodic filings.
NewStarts Nidhi Limited Company service
What is included when you engage NewStarts.
Free eligibility check
A specialist reviews your facts and confirms the right route and package for Nidhi Limited Company before you pay anything.
Document checklist & review
You receive an exact checklist and upload through a secure link. We verify every document to avoid rejections.
Drafting & filing
We prepare every form, declaration and annexure for Nidhi Limited Company and file on the correct government portal.
Query & objection handling
Any departmental query or clarification is answered by our team, with corrected filings where needed.
Delivery & hand-over
Certificates and approvals are shared digitally, with a plain-language note on your next compliance steps.
Post-service support
Reminders, renewals and related filings can be handled by the same NewStarts relationship manager.
Transparent pricing
No hidden charges. Choose the package that fits — upgrade anytime.
Basic
₹1,999
+ GST & Govt. fees applicable
For straightforward, single-entity cases
- Complete documentation support
- Application filing
- Email & WhatsApp support
- Standard processing timeline
Premium
₹4,999
+ GST & Govt. fees applicable
End-to-end support with ongoing assistance
- Everything in Basic
- Dedicated relationship manager
- Query & rejection handling
- Priority processing
- Phone support
- Expert consultation call
- Fastest possible turnaround
- 1 year post-service support
- Dedicated account manager
Nidhi Limited Company FAQs
Have questions? We have answers.
Can’t find your answer? Ask the assistant, or speak to our team.
A public company that accepts deposits from and lends only to its members, under the Nidhi Rules, 2014.
No. Nidhis are regulated by MCA, though RBI can issue directions on deposits.
Seven to incorporate, and at least 200 within 120 days of incorporation.
The application to the Central Government for declaration as a Nidhi company.
No. All loans and deposits are limited to members.
Incorporation takes 15 to 20 working days; declaration follows after conditions are met.
Yes. Document collection, e-signing and filing are completed online, so you do not need to visit any office. Where a physical step is unavoidable, we tell you upfront.
NewStarts professional fees, GST and government fees are shown separately. Government fees are paid at actuals and confirmed with you before filing.
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Ready to start your Nidhi Limited Company?
Book a free consultation and get an exact document checklist and quote for your case.
