A Nidhi Company is a type of public limited company formed to encourage savings and provide loans among its members. It is governed by the Companies Act, 2013, and regulated by the Ministry of Corporate Affairs, making it an ideal option for community–based financial services.
To start a Nidhi Company, obtain Digital Signature Certificates (DSCs) and Director Identification Numbers (DINs), reserve a company name, file the incorporation documents with the Registrar of Companies, and fulfill the minimum capital and membership requirements to begin operations legally.
