Expert Assistance for NBFC Registration in India
Setting up a Non-Banking Financial Company (NBFC) is not just about incorporation — it’s about meeting strict regulatory expectations laid down by RBI.
From capital structuring to documentation and approval, every step needs precision.
N D Savla & Associates helps you navigate the entire process with clarity, ensuring your NBFC is structured right from day one and approved without unnecessary delays.
What is an NBFC?
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013 that provides financial services similar to banks but without holding a banking license.
These companies are regulated by RBI and are engaged in:
- Providing loans and advances
- Investment in shares, bonds, and securities
- Asset financing and leasing
- Microfinance and lending activities
- Infrastructure financing
Types of NBFCs
- Investment and Credit Company (ICC)
- NBFC-MFI (Microfinance Institution)
- Core Investment Company (CIC)
- Infrastructure Finance Company (IFC)
- NBFC-Factor
- Peer-to-Peer Lending NBFC (NBFC-P2P)
- Account Aggregator NBFC
Eligibility Criteria for NBFC Registration
- Company must be incorporated under Companies Act, 2013
- Minimum Net Owned Fund (NOF) of ?10 Crore
- Directors must have relevant financial experience
- Clean credit history and strong background
- Well-defined business plan and financial projections
Documents Required
- Certificate of Incorporation
- MOA & AOA
- Board Resolution for NBFC application
- Directors’ KYC and profiles
- Net worth certificate from Chartered Accountant
- Business plan and projected financials
- Proof of capital infusion
Step-by-Step NBFC Registration Process
1. Company Setup
Incorporate a company with proper financial activity object clause.
2. Documentation
Prepare detailed documentation including business model and compliance papers.
3. RBI Filing
Submit application through RBI portal with all supporting documents.
4. Approval
Handle RBI queries and obtain Certificate of Registration (CoR).
Post-Registration Compliance
- Regular RBI return filings
- Statutory audits and reporting
- Maintain capital adequacy ratio
- Implement KYC & AML policies
- Periodic compliance monitoring
Why Choose N D Savla & Associates?
- Deep expertise in NBFC structuring and RBI regulations
- End-to-end handling from incorporation to approval
- Strong documentation and compliance support
- Dedicated follow-ups with RBI
- Practical, business-focused advisory