Nidhi Company Registration
Mutual-benefit company that accepts deposits from and lends to its members
- 1IncorporatePublic company with 'Nidhi Limited' in its name.
- 2Build200 members and ₹20 lakh NOF within 120 days.
- 3DeclareNDH-4 filed and Central Government decision received.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Nidhi Company Registration
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
A Nidhi is a public company formed under Section 406 of the Companies Act to encourage thrift among its members, accepting deposits from and lending only to them. After incorporation it must, within 120 days, have at least 200 members and net owned funds of ₹20 lakh, and apply in Form NDH-4 to be declared a Nidhi by the Central Government. It can't take deposits from or lend to non-members.
The Nidhi (Amendment) Rules, 2022 changed the route. A company now incorporates as a public company with 'Nidhi Limited' in its name, and must apply for declaration in NDH-4 within 120 days of incorporation, along with a fit-and-proper declaration from its promoters and directors. The Central Government decides within 45 days.
A Nidhi lives under tight operating limits: net owned funds to deposits of no more than 1:20, at least 10% of outstanding deposits kept in unencumbered fixed deposits with banks, loans only to members against specified security, and half-yearly returns in NDH-3. We set these controls up before the first deposit is accepted.
| Law | Section 406, Companies Act 2013; Nidhi Rules 2014 (amended 2022) |
|---|---|
| Within 120 days | 200+ members and net owned funds of ₹20 lakh+ |
| Declaration | Form NDH-4 to the Central Government |
| Ongoing ratio | NOF to deposits not more than 1:20 |
| Returns | NDH-1 (annual), NDH-3 (half-yearly) |
Who this is for
Common scenarios where this service is a good fit.
- Community groups pooling savings and lending to members
- Promoters of mutual-benefit finance companies
- Existing Nidhis needing NDH-4 or compliance clean-up
What you get
Clear deliverables so you know exactly what's included.
- Incorporation as a public company with Nidhi objects
- Member onboarding and share allotment records
- NDH-4 application with fit-and-proper declarations
- Deposit and lending policy aligned to the Nidhi Rules
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Public company with 'Nidhi Limited' in its name.
200 members and ₹20 lakh NOF within 120 days.
NDH-4 filed and Central Government decision received.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
This page also covers
- NDH-4 declaration
- Application for declaration as a Nidhi company.
- Nidhi compliance
- NDH-1, NDH-3 and ratio monitoring.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
