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Nidhi Company Formation
Nidhi Company formation refers to the process of incorporating and registering a type of non-banking financial institution (NBFC) in India known as a "Nidhi Company." Nidhi Companies are mutual benefit societies that operate primarily for the purpose of cultivating the habit of thrift and savings among their members and lending funds to them for their mutual benefit. You can choose My Dream Consultant as top nidhi company formation consultant.
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What Is Nidhi Company Formation?
Nidhi Company formation refers to the process of incorporating and registering a type of non-banking financial institution (NBFC) in India known as a “Nidhi Company.” Nidhi Companies are mutual benefit societies that operate primarily for the purpose of cultivating the habit of thrift and savings among their members and lending funds to them for their mutual benefit. You can choose My Dream Consultant as top nidhi company formation consultant.
Who needs Nidhi Company Formation?
- Small Savers and Borrowers:
- Low-Income Individuals and Families:
- Residents of Specific Localities or Communities:
- Entrepreneurs and Small Businesses:
- Individuals Seeking Safe Investment Options:
- Members of Self-Help Groups (SHGs) and Cooperatives:
- Unbanked and Underbanked Populations:
- Individuals Seeking Financial Stability and Independence:
What are the Types Of Nidhi Company Formation?
- Nidhi Limited:
- Nidhi Mutual Benefit Societies (MBS):
What are the Documents Required For Nidhi Company Formation?
- Identity Proof of Directors and Shareholders
- Address Proof of Directors and Shareholders
- Passport-size Photographs of Directors and Shareholders
- Proof of Registered Office Address
- Memorandum of Association (MoA)
- Articles of Association (AoA)
- Declaration of Directors
- Director Identification Number (DIN)
- Digital Signature Certificate (DSC)
- Certificate of Incorporation (COI)
- Form INC-9
- Form INC-22
- Bank Account Opening Documents
- Other Documents (if applicable)
What are the Benefits Of Nidhi Company Formation?
- Promotion of Thrift and Savings
- Access to Credit Facilities
- Financial Inclusion
- Community-Based Financial Services
- Non-Banking Financial Services
- Safe and Secure Investments
- Ease of Membership
- Financial Stability and Empowerment
- Regulatory Oversight and Compliance
- Collective Ownership and Control
What is the Stepwise Process Of Nidhi Company Formation?
- Ensure Eligibility
- Director Identification Number (DIN)
- Digital Signature Certificate (DSC)
- Name Approval
- Drafting of Memorandum and Articles of Association
- Incorporation Application
- Payment of Fees
- Verification and Approval
- Opening of Bank Account
- Commencement of Business
- Compliance Requirements
Frequently Asked Questions
Pricing Plans
A BITE PACK
19999/-
- DSC for Seven Members
- DIN for Three Members
- Name approval of the Company
- MOA & AOA for the Company
- Certificate of Incorporation (COI)
- PAN Number for the Company
- TAN Number for the Company
- FREE ACCOUNTING APP
2 BITE PACK
20999/-
- DSC for Seven Members
- DIN for Three Members
- Name approval of the Company
- MOA & AOA for the Company
- Certificate of Incorporation (COI)
- PAN Number for the Company
- TAN Number for the Company
- FREE ACCOUNTING APP
- MSME REGISTRATION
- CURRENT ACCOUNT OPENING
Z BITE PACK
21999/-
- DSC for Seven Members
- DIN for Three Members
- Name approval of the Company
- MOA & AOA for the Company
- Certificate of Incorporation (COI)
- PAN Number for the Company
- TAN Number for the Company
- FREE ACCOUNTING APP
- MSME REGISTRATION
- CURRENT ACCOUNT OPENING
- Dedicated Account Manager
- GST REGISTRATION
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