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Nidhi Company
A Nidhi Company is a type of non-banking financial company (NBFC) in India, recognized under the Companies Act, 2013. Its primary purpose is to promote savings and mutual benefit among its members. Nidhi Companies accept deposits from and lend money only to their members, making them a perfect option for small-scale financial needs. They operate on principles of trust and self-help, ensuring financial inclusion within a close-knit community. With minimal compliance requirements, Nidhi Companies are an ideal choice for those seeking to foster a habit of saving and responsible lending.Need further refinements? Let me know!
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SKU: Business Documents
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