Nidhi Company Registration
Form a community savings and lending company regulated by MCA (not RBI)
The questions founders ask most about nidhi company registration, answered plainly. If something here doesn't cover your situation, our team will walk you through it before you commit.
Frequently Asked Questions
Can a Nidhi Company lend to non-members?
No. A Nidhi Company can only accept deposits from and lend to its members. Lending to outsiders is prohibited and attracts severe penalties.
What are the minimum requirements for a Nidhi Company?
At incorporation: 7 shareholders, 3 directors, ₹5 lakh paid-up capital. Within 1 year: 200 members, ₹10 lakh net owned funds, ratio of net owned funds to deposits not exceeding 1:20.
Does a Nidhi Company need RBI approval?
No. Nidhi Companies are regulated by the MCA (Ministry of Corporate Affairs), not the RBI — which makes them easier to set up than other NBFCs.
What interest rates can a Nidhi Company charge or offer?
Interest on deposits cannot exceed 2% above the highest bank FD rate. Lending rates cannot exceed 7.5% above the deposit rate. The spread is capped by Nidhi Rules.
Related Services
Other Registrations services
Startup India (DPIIT) Recognition
Get DPIIT recognition and unlock tax holidays, patent discounts, and grant access
GST Registration
Get your GSTIN in 5–7 working days — required for grant disbursement
Private Limited Company Registration
Incorporate a Pvt Ltd in 10–15 days via MCA SPICe+ portal
LLP Registration
Limited Liability Partnership — corporate protection with low compliance cost
One Person Company (OPC) Registration
A solo founder's company with limited liability under Companies Act 2013
Partnership Firm Registration Online
Register a partnership firm with a legally binding Partnership Deed
Nidhi Company Registration
Free quote · Reply in 1 business day