NBFC & Finance
Nidhi Company Registration in Uttar Pradesh
Start a Nidhi Company — a member-based mutual-benefit finance company that can accept deposits and lend to its members. Available across Uttar Pradesh.
No RBI licence needed
Accept member deposits
Lower capital requirement
Simple to operate
Starts from
₹14,999 + govt fee
- Expert-assisted filing
- 100% online process
- Transparent pricing
- Dedicated support
What is a Nidhi Company?
A Nidhi Company is a type of NBFC that borrows from and lends to its members only, encouraging savings among a community. It does not require an RBI licence.
Requirements
- Minimum 7 members & 3 directors
- Minimum equity capital of ₹10 lakh
- 200 members within one year
- Net owned funds of ₹10 lakh
Documents Required
- PAN & Aadhaar of members
- Registered office proof
- Passport-size photos
- DSC of directors
Related Services
NBFC Registration
₹49,999
Registration in State
Frequently asked questions
No, a Nidhi Company does not require an RBI licence, though it must follow Nidhi rules.
Minimum 7 members, 3 directors and ₹10 lakh equity capital.
It must reach at least 200 members within one year of incorporation.
No — it can only accept deposits from and lend to its own members.
Around 15–20 working days.
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