CA Swati Jain
CA Swati Jain
Updated on: Jan 07, 2026

Nidhi Company Registration India

HSJ & Associates provides complete Nidhi Company Registration services across India, ensuring full compliance with the Companies Act, 2013 and Nidhi Rules, 2014. Led by CA. Swati Jain with 10+ years of Indian ROC and company law expertise, we manage name approval, DSC/DIN creation, MOA/AOA drafting, SPICe+ filing, NDH compliance and all post-registration requirements.

We assist clients from all major Indian states and cities with legally accurate incorporation and transparent documentation. HSJ & Associates also supports NDH-1, NDH-2, NDH-3 and NDH-4 filings, member policies, deposit rules, loan limits, statutory registers and annual ROC filings, ensuring smooth operations for all Nidhi Companies.
 

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Compliant

Fully follows Nidhi Rules.

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Affordable

Low-cost finance structure.

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Stable

Encourages steady savings.

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MemberSafe

Deals only within its members.

Service

Why register a Nidhi Company in India?


  • An easy and affordable way to encourage saving habits among members.

  • Provides secured loans at lower interest rates compared to private financiers.

  • Simplified compliance compared to NBFCs (no RBI approval needed).

  • Limited liability protection to directors and members.

  • Creates a trustworthy financial community model.
     

How HSJ & Associates completes Nidhi incorporation?

- Led by CA. Swati Jain, expert in Nidhi laws  
- Full document drafting and verification  
- Name approval, DSC, DIN and MOA/AOA  
- Filing SPICe+, AGILE-PRO and NDH forms  
- Post-registration member policy setup  
- Complete annual ROC & NDH compliance  
 

What do we require from you to start Nidhi Company registration, and how do we complete the entire incorporation process?

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Requirements:
- PAN, Aadhaar and ID proofs of all directors  
- Passport-size photos  
- Registered office proof with utility bill  
- Rent agreement and NOC (if rented)  
- Proposed company name and member details  
- Capital structure information  

Process We Follow:
- Verify documents and director KYC  
- Apply DSC and DIN for directors  
- File name approval with MCA  
- Draft MOA, AOA and Nidhi clause documents  
- File SPICe+, AGILE-PRO, INC-9 and NDH-related forms  
- Receive incorporation certificate with PAN/TAN  
- Setup statutory registers and deposit rules  
- Guide NDH-1, NDH-2, NDH-3, NDH-4 filings  
 

 

Challanges face by Nidhi Company ?

  • Achieving 200 members within 1 year is a big hurdle.
  • Restrictions on doing any other business apart from lending & borrowing.
  • Higher compliance burden compared to OPC or Pvt Ltd.
  • Difficulties in raising initial capital.
  • Mismanagement can easily lead to MCA penalties.

Frequently Asked Questions

Yes, Nidhi Companies are considered profitable if managed well, as they allow members to borrow at reasonable rates. HSJ and Associates, Udaipur’s top CA firm, guides clients in ensuring compliance and profitability.

No, a Nidhi Company cannot be directly converted into a private limited company. Our experts at HSJ and Associates help explore the right restructuring alternatives.

The minimum is ₹5 lakhs, but in reality, most successful Nidhi Companies maintain ₹10–20 lakhs to build trust and meet RBI guidelines. HSJ and Associates advises on the right capital strategy.

No, RBI approval is not required, but Nidhi Companies are regulated under MCA. HSJ and Associates, one of the best CA firms in Udaipur, ensures full legal compliance.

No, only Indian residents can become members of a Nidhi Company. For NRIs, HSJ and Associates offers separate NRI taxation and investment advisory services.

Common mistakes include weak documentation, improper capital planning, and ignoring ROC compliance. HSJ and Associates prevents these errors and ensures a smooth process.

A Nidhi Company is simpler and cheaper to manage, while Microfinance requires RBI approval. HSJ and Associates explains both options to help you choose the right structure.