Nidhi Company Registration in India
Registering Your Company as a Nidhi company is the most feasible way of starting a loan Business in India.
Starting a Nidhi company is quite easy as it involves easy documentation and a minimum of 7 persons.
After three years of working within a district, a Nidhi company can open three other branches.
Process of registration of Nidhi Company
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The expert professionals at Aavana will surely render the right Business Services that you’re looking for. Your NCR can be registered with ease when you choose to work with the professionals at Aavana corporate solutions.
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Nidhi Company Registration Requirement
- Capital Requirement
- No Minimum Shareholdings
- No Finance Experience Required
A minimum paid-up share capital of Rs five lakh is required to register a Nidhi company. The name of the company must end with Nidhi Limited.
There should be a minimum of 3 directors. The minimum age of the directors must be18+ Years. Family members are also eligible to join as directors.
Minimum 7 Share shareholders are required. Directors are also allowed to own shares in Nidhi Company.
If you want to keep maximum control over the business you’re allowed to retain even 99.99% shares.
You are still eligible for Nidhi company License even if you do not have any experience with NBFC , bank or Nidhi
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