Nidhi Company


Nidhi Company Registration

Nidhi Company could be a company registered under the Companies Act, 2013. Nidhi means a company that has been incorporated with the thing of developing the habit of thrift and reserve funds amongest its members and also receiving deposits and loaning to its members just for their mutual profit. These extremely localized single workplace establishments having no external involvement, provide loans to and accept deposit from members at pleasant rates, and with minimum documentation and formalities.

These mutual profit societies get to create a habit of making savings and economy among their various members, and work for giving advantages to each of the depositors and borrowers. People under the lower to middle financial statuses are to be benefited remarkably through the activities of these companies Nidhi company registration provides straightforward and convenient loans to members against a range of collateral, like gold and silver jewelries, stable properties, and fixed deposit receipts, NSCs and different Government securities and insurance policies.