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HOW TO REGISTER NIDHI COMPANY

R E G I S T R A T I O N P R O C E S S O F N I D H I C O M P A N Y

Online Nidhi company(PH-09330160431)Registration process,cost,price,fees,how to register nidhi

company-registration procedure,nidhi company registration consultant how to register nidhi
company this question is solved by us , now anybody call and get details. Nidhi companies ar
allowed to borrow from its members and lend to its members. Therefore, the funds contributed for
a Nidhi company unit only from its members (shareholders). Nidhi companies ar minute compared
to the banking sector and is very accustomed cultivate a savings amongst a bunch of people. to
search out out further concerning starting a Nidhi Company in Asian nation, you will conjointly refer
to the article “Starting a Nidhi Company” found among the IndiaFilings Learning Center. throughout
this text, we've got a bent to primarily examine the nuances for registration of a Nidhi Company in
Asian nation. Many growing companies are confused how to register nidhi company and nidhi
company registration, so it is a matter of fact but solved by webinfotech.

Nidhi Company summary

Nidhi companies unit registered restricted companies involved in taking deposits and
disposal to its members. The activities of a Nidhi Company will constitute the horizon
of depository financial institution of Asian nation, as a results of it's similar to a
NBFC. However, as Nidhi companies entirely modify shareholder-members cash,
tally has exempted Nidhi companies from the core provisions of the tally and wholly
totally different rules applicable to a NBFC.
Restrictions on Nidhi Company The following ar a number of the restrictions a Nidhi
Company is subject to beneath Nidhi Rules, 2014. As per Rule half dozen of Nidhi
Rules, 2014, a Nidhi Company shall NOT: 1. continue the business of tab fund, rent
purchase finance, leasing finance, insurance or acquisition of securities issued by any
body corporate; 2. issue preferred stock, debentures or the other document by any
name or in any kind whatsoever; 3. open any accounting with its members; 4. acquire
another company by purchase of securities or management the composition of the
Board of administrators of the other company in any manner some or enter into any
arrangement for the modification of its management, unless it's passed a special
resolution in its general meeting and conjointly obtained the previous approval of the
Regional Director having jurisdiction over such Nidhi; 5. continue any business aside
from the business of borrowing or loaning in its own name: as long as Nidhis that
have adhered to any or all the provisions of those rules might give locker facilities on
rent to its members subject to the financial gain|income} from such facilities not
prodigious twenty per cent of the gross income of the Nidhi at any purpose of your
time throughout a twelvemonth. 6. settle for deposits from or lend to anyone, aside
from its members; 7. pledge any of the assets lodged by its members as security; 8.
take deposits from or lend cash to any body corporate; 9. enter into any partnership
arrangement in its borrowing or loaning activities; 10. issue or cause to be issued any
ad in any kind for soliciting deposit: as long as personal circulation of the main points
of fastened deposit Schemes among the members of the Nidhi carrying the words “for
personal circulation to members only” shall not be thought-about to be an advert for
soliciting deposits. 11. pay any brokerage or incentive for mobilising deposits from
members or for readying of funds or for granting loans.

Nidhi Company Registration in

jaipur,Dehradun,Delhi,Noida,Ghaziabad,Vadodara,Gujarat,Haryana,Varanasi,Rajasthan,
Lucknow,Rajasthan,Punjab,India,Agra,Uttar Pradesh,bihar,patna,kankarbagh
To start a Nidhi Company in Asian nation the first step is to incorporate a Ld., below
the companies Act, 2013. Hence, a minimum of three directors and seven
shareholders ar about to be required to start the Ld. incorporation technique.
throughout incorporation of the Nidhi company, care ought to be taken to verify that
the article of the Ld. mentioned among the memorandum of Association is that of
cultivating the habit of thrift and savings amongst its members, receiving deposits
from, and loaning to, its members solely, for his or her mutual profit.
We operate by creating the software with you then running it on our servers. How are we able to do
this? Through collaboration and flexible working and by working together for our mutual benefits.
Our expertise in software development is added to your insight and in-depth knowledge of your
industry and the tasks you need to achieve to make your business run more efficiently. We licence
the software for your use, but we are free to take what we have learnt, and sell tools to similar
companies. You get the software you need. We develop a product or service we can market more
widely. It's a win-win situation which benefits everyone. Our Clients are in Rajasthan, Delhi, Uttar
Pradesh, Uttarakhand, Haryana, Orissa, Bihar, Assam and West Bengal.

We believe quality consists of products and services provided on time and in conformance with customer
requirements. We shall recognize and respect our customers' right to receive quality products and services,
on time and within budget..more about nbfc software please visit.

Software Features
Master Entry Module
 Branch Master
 Region Master
 State Master
 Plan Master
 Rank Master
 Commission Master
 Relation Master
 Bank Master
 Configuration Master
 Target Master
 Prize Master
 Voucher Master
 Account Master
 Dividend Master
 Maturity Master
 Loan Master
 Interest Master
 Financial Year Master

Member / Associate Module

 Member / Associate Entry
 Member / Associate Search
 Member / Associate Joining Report
 Member / Associate Detail Report
 Member / Associate Wise Search
 Associate Chain
 Member / Associate Down line
 Member / Associate Transfer
 Member / Associate Rank Promotion
 Active & Inactive Member / Associate
 I-card Print

Investment Module
 Investment Entry
 Renewal Entry
 Multi-renewal Entry
 Multi-investment Multi-renewal Entry
 Investment / Investment Renewal Approve
 Renewal Pending List Branch / Associate Wise
 Search Investment
 Business Report
 Business Report Plan Wise
 Business Report Summary
 Business Certificate / Bond Approve
 Business Certificate / Bond Print
 Spot Commission Payment
 Certificate / Bond Dispatch Tracking

Savings Account Module

 Account Opening Entry
 Account Approval
 Account Transaction
 Account Transaction Approval
 Auto Interest Calculation
 Auto Interest Payment
 Account to Account Transfer
 Account Search
 Account Ledger
 Account Report (All Category)
 Account Passbook Print

Loan Module
 Loan Master
 Loan Group Master
 Single Loan Entry
 Group Loan Entry
 Loan Requisition
 Loan Approval
 Loan Disbursement
 Loan EMI Payment
 Loan Payment / Approval Report
 Loan Disbursement Report
 Loan Search Member / Branch Wise
 Loan Account Ledger

Maturity Module
 Maturity Master
 Maturity Requisition
 Maturity Approval
 Maturity Payment
 Maturity Part Payment
 Maturity Re-investment
 Maturity Search (All Category)
 Maturity Report (All Category)

Approval Module
 Member Joining Approval
 Associate Joining Approval
 Investment Approval
 Investment Renewal Approval
 Certificate / Bond Approval
 Savings Account Approval
 Savings Account Transaction Approval
 Loan Approval
 Maturity Approval
 Payment Approval
 Cheque Business Approval
 Other Approvals

Admin Module
 User Management
 Create User ID and Password
 User Type Master
 User Tracking
 User Block / Unblock
 Modify & Delete Any Data
 User Activity Report
 Send Notifications to Members and Associates
 Inter Branch Communications

Voucher Module
 Voucher Master
 Voucher Root
 Voucher Generation
 Voucher Search and Print
 Voucher List Search and Print
 Voucher Summary Associate Wise
 Voucher Status Report Print and Pay
 Voucher Payment
  Advance Payment and Adjustment
 Voucher Payment Transfer to Savings Account

Payment Module
 Commission / Voucher Payment
 MIS Payment
 Spot Commission Payment
 Maturity Payment
 Advance Payment and Adjustment
 Loan Payment
 Prize Payment
 General Account Related Payment
 All Payments Transfer to Savings Account

Modification Module
 Member Modify
 Associate Modify
 Investment Modify
 Investment Renewal Modify
 Savings Account Modify
 Savings Account Transaction Modify
 Loan Modify
 Loan Approval Modify
 Account Related Entry and Payment Modify
 All Payment Modification
 All other kinds of Modification

Accounts Module
 Cash Book / Bank Book
 Account Head Creation
 Expenditure Group Creation
 Budget Creation
 Expenditure Entry Requisition
 Expenditure Entry Approval
 Expenditure payment
 Other Income Entry
 Budget Expenditure Requisition
 Budget Expenditure Approval
 Budget Expenditure Payment
 Budget Expenditure Report
  Branch Fund Transfer
 Branch Fund Transfer Approval
 Day Book
 Trail Balance
 Auto Cash / Balance Sheet
 Cash Sheet Summary
 Bank Deposit Entry
 Bank Withdrawal Entry
 Bank Account Ledger
 Day End Denomination Entry
 Branch Day End Closing

Print Module
 Joining Acknowledgement Print
 I-card Print
 All Kinds of Money Receipt Print
 Bond and Certificate Print
 Passbook Print
 Voucher Print
 CLD Print

Search Module
 Member / Associate Search
 Investment Search
 Total Business Search (All Category)
 Associate Self and Team Business Search
 Loan Search
 Savings Account Search
 Approval Search
 All kinds of Payment Search
 All kinds of Print Pending and Due List Search
 Maturity Search (All Category)
 Team Wise Search (All Category)
 �.. and many more (Upto 50 types of search)

Report Module
 All kinds of Member / Associate Report
 Business Report (All Category)
 Business Report Plan Wise
 Business Report Summary
 Associate Collection Report Branch Wise
 Associate Collection Report Rank Wise
 Associate Self and Team Business Report
 Savings Account Report
 Loan Report (All Category)
 Income Expenditure Report
 Bond / Certificate Print and Dispatch Report
 Cheque Business Report
 All kinds of Approval Report
 All kinds of Payment Report
 All kinds of Investment Report
 All kinds of Modification Report
 TDS Report
 All kinds of Account Related Report
 All kinds of Print Report
 �.. and many more (Upto 50 types of search)

SMS Module
 Auto SMS
 Individual SMS
 Group SMS
 Notification SMS

Auto Generation Features

 Automatic Dividend Calculation
 Automatic Interest Calculation
 Automatic Voucher Generation
 Automatic Installment Generation
 Automatic Penalty Calculation
 Automatic EMI Calculation
 Automatic Cash sheet Generation

Member / Advisor Login Module

 Modify Password
 Update Some Information
 Check Their Self and Team Business
 Send Joining Requisition
 Send Investment Requisition
 Send Investment Renewal Requisition
 Loan Apply
 Loan EMI Payment
 Send Account Opening Requisition
 View Their Account Summary
 Transfer Fund to Other Account
 View Their Loan Status
 View Last 6 Months Voucher
 Utility Bill Payment
 View & Print Money Receipt
 Last Activity
 My Notification

HRM Module (Optional)

 HR Master
 a. Department Master
 b. Designation Master
 c. Holiday Master
 d. Salary Master
 Employee Master
 Weekly Off-day Setup
 Off-day Settings
 In and Out Timing
 Employee Leave
 Employee Leave Approval and Confirmation
 Attendance In and Out
 Leave Adjustment
 Salary Generation
 Salary Payment
 Print Salary Slip
 Employee Search
 Block / Unblock Employee
 Appointment and Offer Letter Print
 Attendance and Leave Report

Stock and Logistic Module (Optional)

 Stock Master
 Category Master
 Item Master
 Supplier Master
 Purchase Order
 Stock Received
 Order Book
 Scrap Items
 Distribution Requisition
 Distribution Requisition Approval
 Distribute Stock
 Sale Invoice
 Invoice Lookup
 Report
 a. Inventory Report
 b. Purchase Report
 c. Distribution Report
 d. Warning Report
 e. Sale Report
 f. Scrap Report
 g. Stock and Out-of-Stock Report

General Features
 Real Time Update
 Highly Secured
 All data are Encrypted
 Mass SMS /E-mail
 SMS / E-mail Notifications
 Fully Customizable
 All Reports for Audit Purpose
 User Friendly GUI
 Easy to Handle (Without having any computer knowledge)
 Bar Code Facilities
 24*7 Online Support
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