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Benefits of Nidhi Company

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  • Simple Registration Process
  • Cost-efficient registration.
      1. Hardly takes 10-5 days to get registered
      2. No need to obtain license from RBI.
  • Capital required for Registration
      1. Low capital requirement
      2. The minimum capital requirement for registration is Rs.5,00,000  only
  • Limited RBI Regulations
      1. Nidhi Company though it falls under the category of NBFC, does not require approval of RBI.
      2. Only deposit acceptance operations are governed by the RBI
      3. Companies follow only the Nidhi rules 2014 issued by the center in respect of the activity and working of the company.
  • No External intervention in Management
      1. The Nidhi Companies are formed, managed and provides benefits only to their members.
  • Benefits to the members
    1. Nidhi Company works with the objective of increasing savings of its members.
    2. Low interest rate loans given to members compared to the market rate
    3. Borrowing and lending to known persons lowers the level of risk 

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