#347, Old GST Road, East Tambaram, Chennai - 600059.

Nidhi Company

A Nidhi Company is an organization that manages deposits on behalf of its members, who are also owners, and extends loans to them. A Nidhi Company's primary goal is to help its members become more frugal and save money while providing financial support in the form of loans.

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Perks & Benefits

Limited Liability:

Members of a Nidhi company have limited liability, safeguarding their personal assets from business liabilities and debts.

Low Capital Requirement:

Nidhi companies can be established with a minimum capital requirement, making them accessible to small investors and entrepreneurs.

Community Building:

These companies foster a sense of community among members, promoting trust and cooperation in financial matters.

Regulatory Benefits:

Nidhi companies enjoy certain regulatory exemptions, simplifying compliance and administrative requirements compared to other types of financial institutions.

Documents Required

01
PAN Card

Directors and Shareholders PAN Card Details.

02
Aadhaar Card

Directors and Shareholders Aadhaar Card Details.

03
Proof of Business Address

The most recent property tax bill or utility bill (electricity, phone, gas, and water) for the registered office address.

04
Passport Size Photograph

The most recent passport-size photos of each director and shareholder.

05
Mobile Number

Directors and Shareholders Mobile Numbers.

06
Email Address

Directors and Shareholders Email Address.

* Note : Documents may change as per the requirements.

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