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NIDHI company registration in Lucknow

Best NIDHI Company Registration Services in Lucknow at MyStartupSolution

Are you looking for a reliable and affordable way to start your own Nidhi company in Lucknow? If yes, then you have come to the right place. MyStartupSolution is the best online platform for Nidhi company registration in Lucknow. We offer you a hassle-free and quick process to get your Nidhi company registered with the Ministry of Corporate Affairs. 

A Nidhi Company is a type of non-banking financial company that promotes the habit of saving and lending among its members. It is a great option for entrepreneurs who want to enter the financial sector and provide loans to their members at reasonable rates. A Nidhi company can also invest in securities issued by the government and other entities.

At MyStartupSolution, we have a team of experienced professionals who will guide you through the entire process of Nidhi Company registration in Lucknow. We will help you with name approval, drafting of the memorandum and articles of association, filing of the incorporation forms, obtaining the incorporation certificate, and complying with the Nidhi rules and regulations. We will also provide you with post-registration support and assistance.

So, what are you waiting for? Contact us today and get your Nidhi Company registration in Lucknow done in a smooth and easy manner. MyStartupSolution is the best online company registration platform for Nidhi company registration in Lucknow.

What is NIDHI Company?

A Nidhi company is a type of non-banking finance company (NBFC) that is recognized by the Ministry of Corporate Affairs (MCA) under Section 406 of the Companies Act, 2013. The main objective of a Nidhi company is to promote thrift and savings among its members, who are also its shareholders. A Nidhi company can only accept deposits from and lend money to its members, for their mutual benefit.

Nidhi company registration is a simple and easy process, as compared to other types of NBFCs that require RBI approval. A Nidhi company can be registered online through MyStartupSolution, the best online platform for Nidhi company registration in Lucknow. We offer you a hassle-free and quick service to get your Nidhi company registered with the MCA. We also provide you with post-registration support and compliance assistance.

If you want to start your own Nidhi company and enter the financial sector, contact us today and get your Nidhi registration done in a smooth and affordable manner. MyStartupSolution is the best online platform for Nidhi company registration in Lucknow.

Benefits of NIDHI Company Registration

Nidhi registration is a great option for entrepreneurs who want to start their own non-banking financial company (NBFC) in India. Nidhi Co. is a type of NBFC that operates under the Companies Act 2013, with the main objective of promoting savings and lending among its members. Some of the benefits of Nidhi Company registration are:

  • Easy Formation: Online Company registration in India is a simple and hassle-free process, with minimal requirements and documentation.
  • Non-Compliance with RBI: Nidhi Co. is not bound by Reserve Bank of India guidelines, allowing it to establish its own rules and regulations for its operations.
  • Low Capital Requirement: Nidhi Company can be registered with a minimum paid up equity share capital of INR 5 lakhs, which is much lower than other types of NBFCs.
  • Community Development: Nidhi Company fosters a culture of thrift and savings among its members and provides them with easy access to loans at reasonable rates. It also helps in financial inclusion and empowerment of the lower and middle classes.

If you want to register your Nidhi company online, contact MyStartupSolution, the best platform for online company registration in India. We offer you a quick and affordable service, with post-registration support and compliance assistance.

Restrictions on NIDHI Companies

Some of the restrictions on Nidhi Company in India are:

  • They cannot carry on the business of chit fund, hire purchase finance, leasing finance, insurance, or acquisition of securities issued by any body corporate.
  • They cannot issue preference shares, debentures, or any other debt instruments.
  • They cannot open any current accounts with their members.
  • They cannot acquire another company by way of the purchase of securities or control the composition of its board of directors.
  • They cannot have more than 20% of their net owned funds as unencumbered term deposits with a scheduled commercial bank.

These restrictions are imposed to ensure the safety and security of the members' funds and to prevent any misuse or diversion of the Nidhi company's resources.

Documents Required for NIDHI Company Registration in Lucknow

To complete your Nidhi company registration in India, the following documents are required:

  • PAN card and identity proof (such as Aadhaar card, passport, voter ID, or driving license) of all the directors and members
  • Address proof (such as bank statement, electricity bill, or telephone bill) of all the directors and members
  • Photographs of all the directors and members
  • Digital signature certificate (DSC) of all the directors
  • Director identification number (DIN) of all the directors
  • Memorandum of association (MoA) and articles of association (AoA) of the company
  • Proof of the registered office address, such as rent agreement, lease deed, or ownership document
  • No objection certificate (NOC) from the owner or landlord of the registered office

Affordable NIDHI Company Registration Fees in Lucknow

If you are looking for a Nidhi company registration in Lucknow, you might be wondering about the fees and the process involved. A Nidhi company is a type of non-banking financial company (NBFC) that operates under the Nidhi Rules, 2014. It is formed to promote savings and lending among its members, who are also shareholders.

The Nidhi company registration fees in Lucknow depend on various factors, such as the number of directors, the share capital, the stamp duty, and the professional charges. MyStartupSolution takes the approximate fees range from Rs. 34,899 to Rs. 41,899, inclusive of all taxes and charges.

Why Choose MyStartupSolution for NIDHI Company Registration Services?

  • Expertise: Our team possesses extensive knowledge and experience in NIDHI company registration procedures.
  • Efficiency: We streamline the registration process, ensuring swift and hassle-free service.
  • Compliance: We ensure all regulatory requirements are met, guaranteeing compliance with NIDHI registration guidelines.
  • Personalized Assistance: Our dedicated experts provide personalized guidance and support throughout the registration journey.
  • Cost-effectiveness: We offer competitive pricing without compromising on the quality of our services.
  • Timely Delivery: We prioritize efficiency and aim to deliver NIDHI company registration promptly.
  • Trustworthy Reputation: With a track record of success, MyStartupSolution is a trusted choice for NIDHI registration needs.

Contact “Best NIDHI Company Registration Services Provider” in Lucknow

Looking to establish your Nidhi Company in Lucknow? Look no further! MyStartupSolution offers expert Nidhi Company Registration services tailored to your needs. Our experienced team ensures a seamless NIDHI registration process, adhering to all legal requirements. Trust us to navigate the complexities with efficiency and precision. Contact us today at +91-8795224400 or info@mystartupsolution.in to kickstart your journey towards establishing a successful Nidhi Company in Lucknow. Your satisfaction is our priority.

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Frequently Asked Questions

A Nidhi company is a type of non-banking finance company (NBFC) recognized by the Ministry of Corporate Affairs (MCA) under Section 406 of the Companies Act, 2013. It promotes thrift and savings among its members and can accept deposits from and lend money to its members.

Some benefits of Nidhi Company registration include easy formation, non-compliance with RBI guidelines, low capital requirement, and fostering community development by promoting savings and lending among members.

Restrictions on Nidhi Companies include limitations on certain business activities like chit funds or insurance, restrictions on issuing preference shares or opening current accounts with members, and limits on owning unencumbered term deposits.

Required documents for Nidhi Company registration in Lucknow include PAN cards, identity proofs, address proofs, photographs of directors and members, digital signature certificates, MoA and AoA of the company, proof of registered office address, and NOC from the owner or landlord.

MyStartupSolution offers expertise, efficiency, compliance with regulatory requirements, personalized assistance, cost-effectiveness, timely delivery, and a trustworthy reputation, making it an ideal choice for Nidhi Company registration services in Lucknow.

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