Sponsered links
All Categories   ⇒ Bareilly   ⇒ Services   ⇒ Other Services

Price not available

201 Views

Dynamic Infotech Can Help A Register Nidhi Company Bareilly 7037428495 - Bareilly

buysellify.com 14/12/2017 12:55 PM   ||   buysellify.com Pilibhit Road, Bareilly, Uttar Pradesh, India
Mandatory Requirements for Nidhi Company
It requires seven people to start the Nidhi Company in India. Further, the initial capital required for Nidhi Company registration is Rs.5 lakh.However, company needs to abide by four important compliances:
• Net Owned fund to Deposit should not exceed 1:20.
• 200 Members should have been added by the company within one year.
• Rs.10 lakh capital should be raised by the end of first year.
• Company should keep at least 10% in the fixed deposit in any scheduled commercial bank.
Acceptance of deposits is one of the major feature for Nidhi Company and hence, one must adhere to Nidhi rules so that Nidhi can run smoothly. Here are following important points:
• Fixed deposits can be accepted for minimum 6 months and maximum 60 months.
• Recurring deposits can be accepted for minimum 12 months and maximum 60 months.
• The maximum balance on which interest is given under saving account cannot exceed 1,00,000/-
• Further following point are also important for repayment of deposits:
• a) No deposits shall be repaid within 3 months of deposits.
• b) If deposits are repaid after three months, then he shall not be liable for interest upto 6 months.
• c) If deposits are repaid before maturity, then interest provided shall be reduced by 2 percent.
When you call, don't forget to mention that you found this ad on buysellify.com
Useful information
buysellify.com • Avoid scams by acting locally or paying with PayPal
• Never pay with Western Union, Moneygram or other anonymous payment services
• Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
• This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
Add to Favourites
buysellify.com 7037428495

Like Us On Facebook

buysellify.com Email to Seller :

Sponsored links

Login Now
* Email ID :
* Password :
Forgot your password? New User? Register Now