NIDHI REGISTRATION PRIVATE LIMITED IN INDIA

Why Choose NIDHI Company?

• Encourages savings among members
• Simple structure under Companies Act, 2013
• No outsider involvement – owned by members
• Low cost structure & community-driven
• Ideal for rural & semi-urban credit businesses

Benefits & Advantages

• Encourages financial discipline in communities
• Legal recognition and credibility
• Easy to manage by members
• Limited liability for shareholders

Disadvantages

• Cannot deal with non-members
• Strict compliance with Nidhi Rules
• Limited sources of funds

Documents Required

• Director's PAN & Aadhaar
• Utility bill for office address
• Passport-size photos
• Mobile number & Email ID
• Rent agreement/NOC (if applicable)

Our Mission

Empowering communities by enabling them to create self-managed, affordable mutual saving institutions under a legally compliant structure.

Our Journey

Rongmei Fintech has assisted over 1000+ clients across India in forming NIDHI companies, bringing local savings and lending operations to life with compliance and trust.

Frequently Asked Questions (FAQ)

• What is a NIDHI Company? - Mutual benefit society
• Who can register it? - Any 7 Indian citizens
• Is RBI approval required? - No
• What is the capital requirement? - ₹10 lakh
• What are Nidhi Rules? - Rules to manage deposit & loan