Nidhi Companies belong to the Non-banking financial companies structure. Registering a Nidhi Company allows a Nidhi to borrow from its members and lend to the members.

PKR Corporate Services, Bhopal is the leading firm in providing Nidhi Company registration services. Nidhi Company is the easiest and most affordable way to start a loan and finance business in India. To start the Nidhi company it only requires 7 people with easy documents. The smallest capital requirement for Nidhi Company registration is Rs.5 lakh.

Nidhi Company can only do business with its own members, accepting deposits and lending money. It cannot deal with the general public directly and can only work with its members. However, by submitting certain documents and following a simple procedure, one can become a member of Nidhi Company. Furthermore, Nidhi Company is the only type of company that can launch a loan company in India without the consent of the Reserve Bank of India.

Within the district, Nidhi Company can open three branches after three years of working. Further, the Nidhi Company cannot work outside the state. So, if you want to extend your business to another state, you will need to register another Nidhi Company.