1. Introduction:
A Nidhi Company is a mutual-benefit financial institution recognized under Section 406 of the Companies Act, 2013. Its main objective is promoting savings and lending among its members.
🆕 2025 Update: MCA now mandates mandatory DIR-3 KYC for all directors of Nidhi Companies and stricter monitoring of deposit limits.
📜 2. Types of Registration & Annual Licenses
Although Nidhi Companies don’t require extra licenses, they must fulfill specific annual compliance filings:
- 🔹 Financial statements filing (AOC‑4)
- 🔹 Annual return filing (MGT‑7)
- 🔹 DIR‑3 KYC for directors
- 🔹 Deposit-ledger reports under Nidhi Rules
- 🔹 Income Tax Return (ITR)
👥 3. Who Needs These Services?
Mandatory for:
- All companies registered with “Nidhi Ltd” suffix
- Private entities accepting deposits from members
- Companies falling under Nidhi Rules, 2014
📌 Must practice prudence—no opening outside non-member business.
🤝 4. Why Choose a Professional Filing Service?
✅ Ensures all statutory filings are done on time
✅ Avoids heavy MCA penalties (₹100/day per form)
✅ Provides support for DIR-3 KYC, board meetings, AGM
✅ Offers guidance for deposit management limits and returns
📝 5. Step-by-Step Annual Compliance Process
- Statutory Audit – Audit financials at financial year end.
- Board Meeting & AGM – Minimum 4 board meetings + 1 AGM.
- File AOC‑4 – Upload financial statements within 30 days after AGM.
- File MGT‑7 – Upload Annual Return within 60 days after AGM.
- File DIR‑3 KYC – Deadline: 30th September annually.
- Upload Nidhi Deposit Return – Required under Nidhi Rules.
- File Income Tax Return – Due as per Income Tax calendar.
📌 All forms to be filed on 🏛️ https://www.mca.gov.in
💼 6. Required Documents
- MOA & AOA
- DSC of directors
- Audited financials (Balance Sheet, P&L)
- Board & AGM minutes
- Deposit register and repayment data
- List of members
- Income tax records
💰 7. Cost Involved
| Service | Approximate Cost (INR) |
| Statutory Audit | ₹8,000 – ₹20,000 |
| ROC Filing (AOC‑4 + MGT‑7 + Deposit Return) | ₹3,500 – ₹8,000 |
| DIR‑3 KYC (per director) | ₹500 – ₹1,000 |
| IT Return Filing | ₹2,000 – ₹5,000 |
| Total Annual Cost | ₹15,000 – ₹35,000 |
⏳ 8. Time Taken
| Task | Duration |
| Audit & document preparation | 5–10 working days |
| Board Meeting & AGM | Within 30–60 days |
| E‑Filing of MCA forms | 3–5 working days |
| Income Tax Return filing | 2–5 working days |
| Total compliance duration | ~20 working days onset |
⚠️ 9. Common Mistakes to Avoid
- Missing deadlines → ₹100/day penalty per form
- Non-conduct of required board meetings or AGM
- Failure to file Deposit Return at all
- Not completing DIR‑3 KYC → DIN deactivation
- Improper documentation of deposit ledger balances
📞 10. Call-to-Action (CTA)
Need help with your Nidhi Company’s annual compliance?
📧 Email us: opriyatrendingpvtltd@gmail.com
📱 WhatsApp: +91 7588756518
🌐 Visit: opriyatrending.in
🔐 Get seamless, accurate, and timely filings—leave compliance to us!
❓ 11. FAQs
Q1. Is Annual Compliance mandatory for all Nidhi Companies?
✅ Yes, in accordance with Nidhi Rules and MCA norms.
Q2. What is the penalty for late filing?
₹100 per day per delayed form; KYC non‑filing leads to DIN deactivation.
Q3. When is DIR‑3 KYC due?
Every year by 30th September.
Q4. What if I don’t maintain deposit register?
MCA may issue notices, freeze bank accounts, or cancel registration.
Q5. Can I file myself?
Yes, via MCA portal—though complexities mean professional help is highly recommended for accuracy and timely compliance.
