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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
paras.mehra18
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
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