Nidhi company software — members, shares, deposits and compliance
A Nidhi company is judged on things an ordinary lending system does not track: how many members it has, how much share capital is paid up, and whether deposits have outrun Net Owned Funds. Byaj Batta keeps the Register of Members and the deposit book in the same place as the loans, so the compliance position is visible on a screen instead of being assembled before a filing.
What usually gets in the way
- ✕Register of Members kept in a spreadsheet, separate from the loans and deposits
- ✕Share certificates typed by hand, with distinctive numbers reused or lost
- ✕Not knowing the deposit-to-NOF ratio until the auditor computes it
- ✕Members admitted without the minimum shareholding, discovered much later
What Byaj Batta does about it
Register of Members
Folios with member details, holding, nominee and status. Ceased members retained, because the register is a record of who held what and when.
Share allotment and transfer
Allotment against the authorised capital ceiling, and transfer or transmission between folios — the transferee inheriting the transferor's distinctive numbers, since a transfer moves existing shares rather than creating new ones. Both route through an approval queue before they touch the register.
Share certificates
Form SH-1 certificates generated as PDF with share count in figures and words, distinctive numbers and paid-up value. A cancelled certificate is retained and printable — it is the evidence of what a member held before a transfer.
Compliance dashboard
Net Owned Funds, the deposit-to-NOF ratio against the 20:1 cap, deposit headroom, member count against the 200 minimum, and members below the minimum shareholding — computed live.
Deposits and lending
Fixed and recurring deposits with maturity and nominee tracking, and lending to members, with both posting to the same general ledger as share capital.
Built AI-native, not AI-bolted-on
Tezu, the built-in AI agent, answers questions about your own book in plain language, and AI import reads whatever spreadsheet you already keep — mapping arbitrary column headings onto customers, loans and deposits — so moving in does not mean retyping years of records.
See how the AI works →Frequently asked
Does Byaj Batta maintain the Register of Members for a Nidhi company?
Yes. Each member has a folio recording their holding, paid-up amount, nominee, branch and membership date, with share movements listed against it.
Can it issue share certificates?
Yes. Share certificates are generated as a PDF in the Form SH-1 layout, including distinctive numbers, share count in figures and words and paid-up value, on your company letterhead.
Does it track the 20:1 deposit to Net Owned Funds ratio?
Yes. Net Owned Funds, total member deposits, the resulting ratio and the remaining deposit headroom are shown on the Shareholders screen and update as shares and deposits change.
What happens if a member falls below the minimum shareholding?
The compliance panel counts members holding fewer than the configured minimum so they can be topped up. A share transfer that would leave a member below the minimum without emptying the folio is refused.
Is there a free Nidhi NOF calculator?
Yes — a free Net Owned Funds and 20:1 deposit ratio calculator is available without signing up.