Nidhi Finance Company Membership, Share Capital & Allotment

Nidhi Company Membership -
(1) A Nidhi shall not admit a body corporate or trust as a member.

(2) Except as otherwise permitted under these rules, every Nidhi shall ensure that its membership is not reduced to less than two hundred members at any time.

(3) A minor shall not be admitted as a member of Nidhi: Provided that deposits may be accepted in the name of a minor, if they are made by the natural or legal guardian who is a member of Nidhi.

Nidhi Company Share capital and allotment - 

(1) Every Nidhi shall issue equity shares of the nominal value of not less than ten rupees each:
Provided that this requirement shall not apply to a company referred toin sub-rules (a) and (b) of rule 2.
(2) No service charge shall be levied for issue of shares.
(3) Every Nidhi shall allot to each deposit holder at least a minimum of ten equity shares or shares equivalent to one hundred rupees:
Provided that a savings account holder and a recurring deposit account holder shall hold at least one equity share of rupees ten.

Ozg Nidhi / Mutual Benefit Co. Experts
VoIP Phone # 09811415831-37-92-94

Note: As you know, gathering info, resources and hiring right services are a competitive process. So, you need to follow the basic biz ethics and not send spam emails or not make any unsolicited phone calls to concerned organization (either gov or pvt) with long, unrelated requests for information and support without knowing about it in correct manner else, chances of getting your work done will be drastically reduced. Also, this will discredit your Organization and can bring bad reputation to you as an individual. 

Please, email your exact requirement to: for getting all sorts of information and resources related to compliance, regulatory and licensing of Nidhi Company by email as well as on phone for FREE. You may also book an appointment for in-person meeting with Ozgian (experts at Ozg, find more @ at any of Ozg Rep Office near to your place.

Register for Ozg Business Events & Veg Potluck |


Email *

Message *