K. K. Nagar, Chennai, 600078 10.00 am - 7.00 pm
taxfilingtodayexpert@gmail.com 9566250755

Nidhi Company Registration in Chennai

Incorporate a Nidhi Company to legally accept deposits & lend money to members with full compliance support.

Ideal for small finance groups, lending societies & savings-based communities seeking a regulated NBFC-like model.

  • Recognised under Companies Act, 2013
  • Accept deposits from registered members
  • Low operational compliance cost
  • Ideal for finance & savings communities
  • No RBI approval required
  • Secure loan lending against deposits
  • Minimum capital requirement: ₹10 Lakhs
  • Promotes thrift & mutual benefit
  • Stable long-term financial model

📄 Documents Required

Directors/PromotersPAN, Aadhaar, Address Proof, Photograph
Office Address ProofElectricity/Water/Gas Bill (not older than 2 months)
If Rented PremisesRental Agreement + NOC
Business PlanObjective, lending model, deposit policy

🔎 Registration Process

1
DSC + DIN Approval
2
Name Reservation (SPICe+ RUN)
3
MoA, AoA & Capital Structure
4
Filing for Incorporation (SPICe+)
5
COI + PAN + TAN + Bank Account Opening

Completion Time: 15–30 Working Days

🏦 Best For

  • Micro-finance communities
  • Deposit-lending societies
  • Self-help groups & finance clubs
  • Organised lending without RBI regulation

📍 Why Chennai?

  • Financial ecosystem & business-friendly support
  • Growing lending markets in suburbs & towns
  • Strong MSME & trading-based capital flow
  • Active regions: Chromepet, Tambaram, Avadi, T-Nagar

Add-On Compliance Services

Nidhi Annual Compliance Return Filing Member Admission Processing Deposit Rules Setup Account & Audit TDS / GST Registration