A Nidhi Company is a type of Non-Banking Financial Company (NBFC) that primarily deals with lending and borrowing money among its members. It promotes the habit of saving and works on the principle of mutual benefit
Documents Needed
- ID proof: PAN card and passport of Indian and foreign directors, respectively
- Address proofs: Ration card or Aadhar card or driver’s license or voter ID
- Residence proofs: Bank statement or electricity bill of the premise
- Notarized rental agreement
- NOC from the property owner
- A copy of the sale deed or property deed (for an owned property)