Nidhi Company Registration Services in Delhi

According to the section 406 of the Companies Act of 2013, Nidhi Company is the non-banking financial institute that is established with the objective to develop the habit of saving amongst its members. Nidhi Companies accept deposits and provide loans among its members only. Nidhi companies work according to the guidelines of the Reserve Bank of India. Although, they can perform their operation without any imperative condition of getting any license from RBI. Seven members can commence Nidhi company, and within one year the company must ensure that it has not less than 200 members.

If you want to establish Nidhi company in Delhi, there are several advantages of Nidhi company registration in Delhi. It is not only the first choice of small financers, but also people of India consider it the safest option to start a finance business in the country. Through this blog, we will discuss about the advantages of Nidhi Company registration in Delhi.

Easy to establish:

Nidhi company registration in Delhi is simple and hassle-free. There is a requirement of seven persons, easy document work, and a simple registration process. Within 10-15 days, your Nidhi company will start functioning in the market.

Affordable Registration Fee:

There is only Rs. 5,000,00 capital needed for the registration of Nidhi Company, and one can invest the capital within two months, after paying the registration fees of Rs. 19,999/- only.

No Strict Compliance:

There is no strict compliance for Nidhi companies from RBI. doesn't impose stringent directives on Nidhi companies, therefore if you are starting a Nidhi company in India, you don’t need to be in rush-n- a rush.

Low level of Risk:

Nidhi companies accept deposits and provide loans to its member, according to the Nidhi Rules, 2014. Nidi companies are the safest place for borrowing loans at less interest rates, compare to other financial institutions.

More Certainty in Nidhi Company:

Nidhi Company encourages saving among its member, which means people who will associate with Nidhi company in the future, will keep investing their money in the company which means there will be more stability and certainty in the company.

If you are looking for Nidhi Company Registration in Delhi, then there are some top law firms in Delhi offering Nidhi Company Registrationservices at affordable price.