Nidhi companies in India provide simple and convenient investment and savings options for small amounts, aimed at lower and middle income groups. They allow funds contributed by members to be reinvested among the group, providing returns at fixed intervals. The RBI requires any company operating as a Nidhi to include the word "Nidhi" in its registered name. Nidhi companies can only engage in internal circulation of loan and investment schemes among members.

1. With the rising state of economy, it's the center
and lower socio-economic class that square
measure liable to bear the force of a monetary
burden.
In such a scenario, family breadwinners notice it
extraordinarily tough to avoid wasting since most
investment mechanisms cater to larger amounts.
Savings in bank give very little scope for growth.
NIDHI COMPANY INDIA

2. NIDHI COMPANIES INDIA
• Nidhi Companies in India give the simplest
and handiest solutions for investment and
savings with wide scope and potential for
financial growth.
• Nidhi corporations in Republic of India were
created for cultivating the habit of tiny
savings targeted at the lower and
bourgeoisie.

3. INVESTMENT IN NIDHI
• Its investment structure consists of
realigning funds among a growing cluster of
members World Health Organization have
the benefit of returns at fastened durations.
• So the contributions of funds generated in
Nidhi investments are accomplished from
its members (shareholders).

4. RBI ABOUT NIDHI COMPANY
The RBI review Committee counseled that
any company participating in a very Nidhi
primarily based business as outlined
higher than ought to have the word ‘Nidhi’
value-added to the company’s name.

5. RBI ABOUT NIDHI COMPANY
• Existing firms that perform almost like the
activities of a Nidhi company as outlined
by the tally directives will have to be
compelled to add the word ‘Nidhi’ when
their registered name.
• The explanation for such a directive is to
apprise the overall public to differentiate
between an everyday finance fund and a
Nidhi company.

6. NIDHI CORPORATION
• Nidhi corporations in Bharat square
measure allowable to have interaction in
camera circulation of loan and investment
schemes among members solely.
• Associate abstract of the record may be
circulated among the members.

7. NIDHI CORPORATION
• No ad shall be created for mobilization of
Nidhi investments and resources.
• No brokerage or incentives are going to be
allowed to be got mobilizing deposits from
members or granting loans.

8. NIDHI CORPORATION
• Every Nidhi ought to build accessible to a
prospective investor a Deposit form to be
crammed in by the investor that ought to
contain the salient options of the Nidhi
concerning its finance and administration
as per NBFC ad Rules.

9. Diff B/W Nidhi and Chit Fund
NIDHI
1. Nidhi Company is that the
variety of Non-Banking
monetary Company (NBFC)
which might take a deposit
and lend cash to its
members.
Chit Fund
1. Chit Fund Company is
additionally called the
committee; it's a kind of a
saving theme in Asian
nation wherever mounted
installment is paid by the
members over a particular
amount of your time.

10. Diff B/W Nidhi and Chit Fund
NIDHI
2. Nidhi Company is
Associate in Nursing
NBFC which might take
a deposit and lend cash
to its members.
Chit Fund
2. Chit Fund Company is
additionally referred to as
the committee wherever
fastened installment is paid
by the members over a
precise amount of your
time.

11. Diff B/W Nidhi and Chit Fund
NIDHI
• Nidhi Company could
be a non-financial
banking concern which
may either lend or
settle for deposits
solely whereas the
latter
Chit Fund
• Chit Fund solely settle for
installments over a hard
and fast amount of your
time that is paid by its
members, they neither do
lend nor settle for the
number as a full in
contrast to the Nidhi
Company

12. WEBSOFTEX ENTITY