What is Nidhi Company?
- What is this service?
- A Nidhi Company is an RBI-notified NBFC that borrows from and lends only to its own members, promoting thrift and mutual benefit.
- Who needs it?
- A Nidhi Company is an RBI-notified NBFC that borrows from and lends only to its own members, promoting thrift and mutual benefit.
- When is it required?
- Typically when: at least one resident indian director / partner. Review full eligibility below.
- Key outcome / deliverable
- Handover & compliance setup — delivered to your dashboard vault with supporting references.
- Basic conditions
- At least one resident Indian director / partner · Valid ID & address proof of all promoters · Proof of registered office in India (owned/rented/NOC)
Quick answers
- Definition
- A Nidhi Company is an RBI-notified NBFC that borrows from and lends only to its own members, promoting thrift and mutual benefit.
- Who needs it
- At least one resident Indian director / partner
- Documents required
- PAN card of all directors/partners, Aadhaar card / passport / voter ID, Passport-size photograph, Registered office proof
- Cost
- From INR 19,999 professional fee; government fee shown separately and confirmed before payment.
- Professional timeline
- 30-40 working days
- Process
- 6 tracked steps: Free consultation & KYC collection → DSC & name approval → Drafting of constitutional documents…
- Authority
- Ministry of Corporate Affairs (MCA)
- After approval
- Handover & compliance setup
Packages & transparent pricing
What you pay, line by line
Our professional fee and the government charge are always shown separately.
- Professional feeLegal Munshi's fee for the agreed scope
- INR 37,999
- Government feePaid to the authority
- FREE
- GST (18%)On the professional fee
- INR 6,839.82
Where your money goes
- Our fee INR 37,999
- GST 18% INR 6,839.82
- Government fee FREE
Standard — you are only ever charged the professional fee plus GST at checkout; government fees are collected at actuals.
Starter
INR 19,999INR 29,999
- Professional fee
- INR 19,999
- Government fee
- FREE
- Taxes
- ~18% as applicable
Standard — 30-40 working days
- 1 expert consultation session
- Personalised document checklist
- Document review & verification
- Application drafting & filing
- Acknowledgement tracking
- Email support
Standard
INR 37,999INR 51,299
- Professional fee
- INR 37,999
- Government fee
- FREE
- Taxes
- ~18% as applicable
Priority — 30-40 working days
- Everything in Starter
- Dedicated compliance expert
- Government fee coordination
- Faster priority processing
- Objection / query handling
- 2 progress review calls
- Phone & WhatsApp support
Premium
INR 61,999INR 80,599
- Professional fee
- INR 61,999
- Government fee
- FREE
- Taxes
- ~18% as applicable
Fast-track + 12 months support
- Everything in Standard
- Dedicated CA / advocate
- 12 months post-completion support
- Zero hidden charges guarantee
- Free 3-month bookkeeping
- Annual compliance calendar
- Priority 24×7 concierge
| Component | How it's shown |
|---|---|
| Professional fee | Package price above (verified live) — this is what Legal Munshi charges for its service. |
| Government fee | Shown per package above when verified.Government fee varies by authorised capital / contribution and form. NOT CONFIGURED in catalogue — confirmed item-wise before payment. |
| Taxes | As applicable on the professional-fee invoice — shown before payment, never hidden. |
| Add-ons | Only admin-configured add-ons in the calculator below; nothing invented at checkout. |
What you get
- Dedicated expert & single point of contact
- 100% online document vault
- Application drafting & multiple review
- Government filing & fee coordination
- Real-time status tracking dashboard
- Certificate delivery & digital storage
- Final certificate/outcome: Handover & compliance setup
Eligibility & applicability
5 criteria- At least one resident Indian director / partner
- Valid ID & address proof of all promoters
- Proof of registered office in India (owned/rented/NOC)
- Proposed business objectives that are lawful
- DSC for at least one authorised signatory
Documents required
Provided by you (the applicant) unless noted. Accepted formats: clear phone scans or PDFs — your expert verifies each file before filing.
Mandatory (4)
PAN card of all directors/partners
Required- Format:
- Clear scan / PDF / JPG
- Provided by:
- Customer / applicant
- Self-attested clear copy
Aadhaar card / passport / voter ID
Required- Format:
- Clear scan / PDF / JPG
- Provided by:
- Customer / applicant
- Any one government ID per promoter
Passport-size photograph
Required- Format:
- Clear scan / PDF / JPG
- Provided by:
- Customer / applicant
- Recent, white background
Registered office proof
Required- Format:
- Clear scan / PDF / JPG
- Provided by:
- Customer / applicant
- Latest electricity/water/gas bill (within 2 months)
Conditional / optional (2)
NOC or rent agreement
OptionalFrom landlord if premises are rented
Cancelled cheque / bank statement
OptionalOf the owner or business account
Step-by-step: Nidhi Company journey
- Step 1Consultation
Free consultation & KYC collection
Day 1
Understand your objectives and collect PAN, Aadhaar and office proofs.
- Step 2Documents
DSC & name approval
Day 2-4
Issue Class-3 DSC and file your preferred name with the Registrar.
- Step 3Documents
Drafting of constitutional documents
Day 4-7
MOA/AOA, LLP agreement or firm deed drafted by an expert.
- Step 4Filing / Processing
Government filing
Day 7-9
Application submitted to the MCA / concerned registrar with all attachments.
- Step 5Approval
Approval & certificate
Day 9-14
Certificate, PAN and TAN issued electronically straight to your dashboard.
- Step 6Delivery
Handover & compliance setup
Day 14+
Bank-account assistance, statutory registers and compliance calendar included.
Timeline & SLA
Our professional work
30-40 working days
Drafting, review & filing by our team.
Authority-controlled time
Varies — never promised
Registrations, examinations & approvals depend on MCA workload.
Dependencies
Complete documents, prompt OTP/e-sign responses and query replies keep the file moving.
Estimate your cost
Base = verified package price. Add-ons come from admin-controlled rules — nothing hardcoded.
Estimated total
INR 37,999
Estimate only. Government fees and taxes are confirmed item-wise before payment. Taxes as applicable.
Check your eligibility
1/4Question 1 of 4
Which best describes you or your organisation?
Real-time application journey
The same status vocabulary you'll see in your dashboard once your application begins — tap each stage to see your responsibilities and who acts.
Your application journey
The same status vocabulary used in your dashboard once you order — no conflicting systems.
Tap any stage to see exactly what you must do — and what Legal Munshi handles.
Nidhi Company vs alternatives
An honest comparison so you pick the structure that fits your stage. Not sure? Book a free consultation.
| Factor | Nidhi Company | Private Limited Company ↗ |
|---|---|---|
| Best for | A Nidhi Company is an RBI-notified NBFC that borrows from and lends only to its own members, promoting thrift and mutual benefit | A Private Limited Company is India's most trusted legal structure for startups, offering limited liability, easy fund-raising and a separate legal identity |
| Starting professional fee | INR 19,999 | INR 8,999 |
| Typical professional timeline | 30-40 working days | 7-10 working days |
| Complexity | Moderate | Moderate |
| Liability protection | Depends on structure | Limited |
| Annual compliance burden | Higher | Higher |
| Factor | Nidhi Company | Limited Liability Partnership (LLP) ↗ |
|---|---|---|
| Best for | A Nidhi Company is an RBI-notified NBFC that borrows from and lends only to its own members, promoting thrift and mutual benefit | An LLP combines the flexibility of a partnership firm with the limited-liability protection of a company — perfect for professional services and growing firms |
| Starting professional fee | INR 19,999 | INR 6,499 |
| Typical professional timeline | 30-40 working days | 10-15 working days |
| Complexity | Moderate | Moderate |
| Liability protection | Depends on structure | Limited |
| Annual compliance burden | Higher | Lower–moderate |
FAQs about Nidhi Company
The basics (7)
A Nidhi Company is an RBI-notified NBFC that borrows from and lends only to its own members, promoting thrift and mutual benefit.
Common mistakes to avoid
- Learn from “How long does the complete process take?” — read the full answer below before you apply.
- Learn from “What if my application gets rejected or objected to?” — read the full answer below before you apply.
- Submitting Nidhi Company with mismatched names across PAN, Aadhaar and address proof — the single most common cause of queries.
- Choosing the wrong category, class or form on day one and paying twice to correct it later.
- Ignoring the first query notice instead of replying with evidence within the deadline.
How we prevent them: document verification before filing, category/class checks, and written query replies with evidence.
Rejections, queries & risks
- What if my application gets rejected or objected to?
- Legal Munshi is not the government and cannot promise authority-controlled timelines or approvals. Professional work is guaranteed; authority decisions are not.
Compliance & renewal
- Do you provide support after completion?
Guides on Nidhi Company
Written and reviewed by the same practising experts who prepare and file your application.
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