Type of Company Registration
Nidhi Company Incorporation
Rs 20, 999
A new concept has been introduced as Nidhi Company is a type of Non-Banking Financial Company (NBFC). It is formed to borrow and lend money to its members. These companies typically operate in the southern part of the country. Nidhi Company isn’t required to receive the license from Reserve Bank of India (RBI), hence it is easy to form. It is registered as a public company and should have “Nidhi Limited” as the last words of its name
NBFC (Non Banking Financial Company) Company
Rs 7,99, 999
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities)
Micro Finance Company Incorporations
Rs 50, 999
Microfinance Company is a small primary financial institution that provides small loans and other credit facilities to stakeholders. Such financial institutions would provide loans to SMEs and other form of institutions that easily don’t get credit facilities from banks. It is important to register this institution which the concerned authorities.
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