Looking for Nidhi Company Registration in Tirupur? Nidhi Companies aim to foster a culture of saving among members. With a minimum requirement of 200 shareholders for registration, this company structure is designed to promote small savings within lower and middle-class communities.

Nidhi Companies facilitate savings and loan processes with minimal documentation, providing an efficient means for financial growth. The rigid membership structure ensures investment security, owned by the investors themselves. These companies engage in offering financial loans with minimal requirements, necessitating a minimum of 7 shareholders and 3 Directors for incorporation.

Online Nidhi Company registration in Tirupur is essential as these companies adhere to RBI directives. Presently, Nidhi Companies are restricted from paying brokerage on deposits. Additionally, investments in Nidhi for minors are allowed only if the legal guardian is a member of the Nidhi Company.