If you are preparing to open a financial business without investing a huge capital amount, you must start a Nidhi Company. Ministry of Corporate Affairs regulates Nidhi Company. Nidhi Company registration is done per the guidelines of the provision of Nidhi rules,2014. What is Nidhi Company Registration? Nidhi company works as a blessing for the business establishments or an individual who wants to start a loan/financial business in India. It helps in the affordability of such a business. By the Nidhi company the registration process , the incorporations of Non-Banking Financial Institutions(NBFC) can come under the Nidhi company. Another name used for NBFCs is the Mutual Benefits Finance Company; all the provision of this registration occurs according to the provisions of Companies Act, 2013. The main function of the Nidhi Company is accepting deposits and lending money. Nidhi company registration process is easy as compared to other non-Banking Financial Institutions,...