Urgent response required - Min paid up capital to start Nidhi Company

[poornima d]

Dear members,

Can anyone pls provide me the following details regarding
incorporation of benefit fund company:

1. Minimum networth for benefit fund company(Nidhi)

2. How to obtain Nidhi status?

Kindly clarify it at your earliest.

Thanks & Regards,
Poornima

[kiran mukadam]

Dear members,

1. Minimum networth for benefit fund company(Nidhi)- Rs. 2 Crore ( see RBI site)

2. How to obtain Nidhi status? - approval from RBI is necessary

Kindly clarify it at your earliest.

Thanks & Regards,
Poornima

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