Nidhi Company Registration at Shunya: What the ₹1,999 Professional Fee Covers and What It Does Not

Last updated 26 September 2026

What does Shunya's ₹1,999 Nidhi company registration fee include?

The ₹1,999 is Shunya's professional fee for incorporating your Nidhi company: a practising Chartered Accountant takes you from founding-member details to a Certificate of Incorporation, filed online on the MCA portal. The table lists what Shunya's Nidhi page says is done.

Say Vikram, a retired teacher, and six neighbours want to start a thrift and lending group. They give Shunya their details, receive a document checklist, and the CA does the rest of the incorporation work. Nobody visits an office and nobody learns the MCA portal.

SPICe+ is the Simplified Proforma for Incorporating Company Electronically Plus, the MCA's single web form for incorporation. DSC is a digital signature certificate and DIN a Director Identification Number.

What is billed separately from Shunya's professional fee?

Government fees, state stamp duty, the DSC issuer's charge and other third-party or statutory costs are not part of the ₹1,999. They are billed separately, and your CA confirms the amounts for your case before you pay them.

Here is what we can say as of September 2026, from widely reported sources rather than an official page we could open:

• MCA incorporation fee: reported as nil where authorised capital is up to ₹15 lakh. A Nidhi needs ₹10 lakh paid-up capital and ₹20 lakh in Net Owned Funds within 120 days, so your authorised capital may end up above ₹15 lakh, in which case fee slabs apply. We do not quote the slab amounts because sources conflict.
• Name reservation: reported as ₹1,000 in the SPICe+ name part.
• State stamp duty: varies by state and is confirmed by your CA before you pay.
• NDH-4 government fee: figures quoted online vary, so it is not stated here.

Paid-up capital and Net Owned Funds are not fees. They are money your company must actually hold. The Nidhi registration cost guide explains that difference, and the company incorporation cost calculator gives an indicative estimate.

What does the fee not cover after incorporation?

The professional fee covers incorporation as described on Shunya's page. It does not, on that page, list the later NDH-4 declaration, building your 200-member base, arranging ₹20 lakh in Net Owned Funds, or recurring returns.

That matters because incorporation is only the first part of becoming a working Nidhi. For a company incorporated on or after 19 April 2022, NDH-4 must be filed within 120 days of incorporation with 200 members and NOF of at least ₹20 lakh; the NDH-4 declaration guide covers it in full. Many blogs still say "within one year", which is out of date for new companies.

The page says your CA can guide you through the compliance calendar afterwards, including returns such as NDH-3. It does not promise specific post-incorporation filings as part of the fee. Likewise, we do not promise GST registration, bank account opening or a registered-office address as included. If you need any of these, ask on the free callback and get the scope confirmed before you pay. See the annual compliance guide for what comes next.

Can you register a Nidhi company yourself instead?

Yes, you can register a Nidhi company yourself on the MCA portal, and it is a legitimate option if you are comfortable with SPICe+, DSCs and the drafting of the MOA and AOA. Paying a CA becomes reasonable when the details are easy to get wrong.

A Nidhi has more moving parts than a routine private company. It must be a public company, with 3 directors and 7 members at the start. Its objects must be limited to thrift and members-only deposits and loans. Its name may use the words "Nidhi Limited" only once the company is declared a Nidhi; how that is handled at the SPICe+ stage is something your CA should confirm. And every promoter and director must clear the fit-and-proper test for NDH-4 later.

A CA-drafted, Nidhi-compliant MOA and AOA reduces the risk of a mismatch with the Nidhi Rules from day one, and a CA can answer officer queries on your behalf. If your group has a professional who already handles MCA filings, DIY is an option; otherwise the professional fee buys you the process and the review. Compare the Public Limited Company route if you are not sure a Nidhi is the right structure.

How long does Nidhi company registration take?

Shunya does not promise a fixed turnaround for Nidhi registration, and we do not state one here. The incorporation timeline depends on how quickly documents are complete and how the Registrar processes the application.

What is verified is the statutory path after incorporation. The company has 120 days to file NDH-4, and the Central Government has 45 days to decide, with silence treated as approval. On paper, that is up to roughly 165 days from incorporation to approval. The realistic time to reach 200 members and ₹20 lakh in NOF is the hard part, and it is entirely in your hands.

The process and timeline guide breaks the stages down, and the general company registration timeline guide explains what drives delays at the Registrar.

How do you start with Shunya?

You can start in two ways on the Nidhi page: request a free callback with your name and phone, and a CA calls you within the hour, or pay the ₹1,999 professional fee online through the Start now button. You can also call or WhatsApp +91 80809 18797.

Before the call, gather the following:

1. Names of at least three proposed directors and seven founding members.
2. PAN and Aadhaar for every director and founding member, plus a passport-size photograph.
3. Registered office proof: an electricity bill or rent agreement, with a no-objection letter from the owner if the property is not owned by a director.
4. Two or three proposed company names.
5. A note on how many members you expect to enrol and how you plan to reach ₹20 lakh in NOF, so the CA can flag risks against the 120-day rule.

If you do not yet hold a DSC, the CA helps you obtain one; the issuer's charge is billed separately. A practising Chartered Accountant reviews every filing before it is filed. If you are still deciding between structures, read the Nidhi vs NBFC vs cooperative society comparison, or the Private Limited page for ordinary business.

This article is for general information only. For your specific situation, consult a practicing CA.