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Nidhi Company Registration in Jaipur

NIDHI Company is governed by NIDHI Rules 2014. They are incorporated in the nature of the public limited company and hence they have to comply with two sets of norms, one of the public limited companies as per companies act 2013 and another one is for NIDHI rules 2014. No RBI approval is necessary to register the company, as RBI has specifically exempted this category of NBFC in India to comply with its core provisions such as registration with RBI. Every NIDHI shall within a period of one year from the commencement ensure that it has not less than 200 members. The Legal Bank is the best professional team for Nidhi company registration in Jaipur.

Characteristics & Features of Nidhi Company register in Jaipur

  • NIDHI Company registration in Jaipur is simpler and less complex as compared to other types of finance companies like NBFC which require an RBI license to start.

  • A NIDHI Company can be started with an initial capital of ₹5 lakh and requires at least 7 people to start with.

  • NIDHI Company registration in Jaipur also requires three directors initially.
    Every promoter or director shall need a copy of PAN card, identity proof, and address proof to apply for NIDHI Company.

  • It takes around 15-20 days to get NIDHI Company registration in India. for detailed information, you can visit the Ministry of Corporate Affairs (MCA).

Eligibility  for Nidhi Company registration in Jaipur

Only shareholders/members of NIDHI Company, who have membership identity, can invest in the scheme. To be a member, you must be 18 years and above as per age proof and must be a citizen of India.

Documents Required for Nidhi Company registration in Jaipur

The documents required for Nidhi company register in jaipur from the director and shareholders are:

  1. Pan Card/Aadhar Card

  2. Voter ID/Passport / License

  3. Two passport photo

  4. Bank Statement- latest 3 month(Bank Pdf)

  5. Email, Mobile No, Profession, Qualification, and Duration of stay at present address.

Documents required of the proposed registered address are as follows:

  • Electricity bill/Other Utility Bill of the proposed registered address

  • NOC or rent agreement from the owner of the premises

  • Even if the director is the owner of the property NOC is needed from him

  • Bank Statement- latest 3 month(Bank Pdf)

  • Email, Mobile No, Profession, Qualification, and Duration of stay at present address.

Note:- All document must be scan from the scanner with good quality

Time For Nidhi  Company Registration in Jaipur

Nidhi Company registration process can be completed in around 10-14 working days after all document received completely from the customer side; as follows:-

  • Preparation of documents – 2 days

  • DSC Application – 1 day

  • Name Approval through RUN – 1-2 days

  • Filing of form – 2 days

  • Approval – 8-10 days

Procedure For Nidhi Company registration  


The followings documents are required for NIDHI Company registration in Jaipur:-

  • Copy of director’s & partners PAN card, Aadhar card, voter ID/passport/driving license with self-attested.

  • Two passport size photographs of the Directors & partners.

  • E-mail identities and mobile numbers of the directors/partners/members.

  • Minimum 3 proposed names of the company as per your priority.

  • Digital signature certificate(DSC) generated by our professionals.

  • Director identification number(DIN) of the directors generated by our professionals.

  • Copy of rent agreement (if rented property).

  • Latest month electricity/water bill (business place).

Copy of property papers (if owned property).

  • Landlord NOC (Format will be provided).

The procedure for registration of NIDHI Company

  • For the Nidhi Company registration process, the first thing would be the submission of all the required documents to the company professionals OR representatives.

  • After the submission of your documents, The Legal Bank team would generate the DSC and DIN to you after your approval.

  • The name you would propose will be then verified and would be approved(if available).

  • The details will be filled in the SPICe form.

  • The submission of the SPICe form will be done after that.

  • And your work after these steps would be complete, within 15-20 working days your NIDHI company will be formed.

Benefits of Nidhi Company registration in Jaipur

Benefits of NIDHI Company registration in Jaipur are bellow :

  • The benefit of NIDHI Company is a high rate interest of 7.5%. And NIDHI Company can earn max 20% interest on loans in reducing the balance method.

  • The registration of NIDHI Company is simple as compared to other companies.

  • No need to get approval from RBI.

  • Minimum start-up capital required of ₹5 lakhs.

Best Company Consultant for Nidhi Company registration in Jaipur.  call 0141-4455144 for best company registration offer.