Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Anonymous
I want to start a finance company like Micro Finance, however, couldn't get it and my company got rejected thrice. After little research, I found that Nidhi Company is easy to start and it is the best way to start the finance business? Please tell me how Can I register a Nidhi Company in India?
From India, Delhi
Nidhi Company registration is the only available option to start a Finance business in India. Other options are very costly. Here are some of the important benefits of Nidhi Company registration over other forms of business:
- Cheapest form of finance company, get registered within 50 to 55k.
- Takes only 15 days to register a Nidhi Company in India.
- Nidhi Company can accept deposit up to 20 times the capital invested.
- One can earn 20% interest on loan.
To get more information about the Nidhi Company, please refer the following link:
https://www.hubco.in/articles/nidhi-...y-registration
http://www.mca.gov.in/Ministry/pdf/N..._Chapter26.pdf

From India, Delhi
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™