NBFC
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013 and regulated by the Reserve Bank of India (RBI), which provides financial services similar to banks, such as loans, credit facilities, asset financing, investment, and more — without holding a banking license.
- Saved 20,00,000+ Hours of entrepreneurs PAN India
- Experience zero delays in registering your dream business
10000+
Happy Clients
3500+
Expert Advisors
50+
Branch Offices
Free Consultation by Expert
Benefits of NBFC
Wide Range of Financial Services: Offer lending, leasing, investment, hire-purchase, microfinance, and more.
High Growth Potential: Increasing demand in India’s credit market presents vast opportunities.
No Banking License Needed: Operate financial services legally without becoming a traditional bank.
Regulatory Recognition: RBI-regulated entities gain trust and credibility in the financial ecosystem.
Flexibility & Innovation: NBFCs enjoy more operational flexibility compared to traditional banks.
Ideal For
Financial entrepreneurs seeking to enter the lending/investment sector
FinTech startups launching innovative financial products
Corporates and HNIs interested in credit, leasing, or hire-purchase businesses
Groups targeting microfinance, consumer finance, or asset finance segments
Registration Process
Company Formation
Incorporate a Public Limited Company with a minimum paid-up capital of ₹2 crore (₹10 crore for certain types like Infrastructure NBFCs).Bank Account & Capital Infusion
Open a bank account in the name of the company and deposit the minimum capital.Document Preparation & Policy Drafting
Prepare all required policies — Fair Practice Code, Risk Management Policy, KYC Policy, etc.RBI Application Filing
Submit an online and physical application with RBI via COSMOS portal along with required documents.RBI Review & License Issuance
Upon successful verification, RBI issues a Certificate of Registration (CoR) to operate as an NBFC
Documents Required
Certificate of Incorporation, MoA & AoA
PAN, Aadhaar, and address proof of directors
Net worth certificate and bank statement for capital verification
Business plan and income projections
Board resolution authorizing NBFC application
Detailed policies (KYC, lending, recovery, grievance redressal)
Audited financials (if applicable)
What You’ll Get
Certificate of Incorporation
RBI Certificate of Registration (NBFC CoR)
PAN, TAN, and GST (if applicable)
DIN & DSC of directors
Assistance with policy documentation
Full compliance guidance post-registration
Frequently Asked Questions
A minimum Net Owned Fund (NOF) of ₹2 crore is required. For specific categories like Infrastructure NBFCs, it may be higher.
Only Deposit-taking NBFCs (NBFC-D) can accept public deposits, and they require additional RBI approval.
The complete registration process may take 4 to 6 months, depending on documentation and RBI processing time.
Types include Loan Company, Investment Company, Asset Finance Company, NBFC-MFI, Infrastructure Finance Company, Housing Finance Company, etc.
NBFCs are primarily regulated by the RBI under the RBI Act, 1934.