Benefits of Nidhi Company: A Complete Guide to Registration and Advantages in India
A Nidhi Company is a type of Non-Banking Financial Company (NBFC) registered under Section 406 of the Companies Act, 2013. It works on the principle of mutual benefit — members deposit money, and the company lends that money back to members at reasonable interest rates. Nidhi Companies are popular in South India and are growing rapidly across the country because they are easy to register,...
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