Start your lending, investment or other eligible financial-services business with NBFC Registration with RBI and operate in a trusted, compliant and well-regulated environment.
A Non-Banking Financial Company (NBFC) is a company engaged principally in activities such as lending, advances, investment in securities or other activities covered under the applicable RBI framework.
A company generally comes within the NBFC regulatory framework when its financial assets exceed 50% of total assets and income from financial assets exceeds 50% of gross income – commonly referred to as the 50–50 principal business criteria.
For businesses primarily engaged in lending and/or investment activities.
For eligible businesses providing microfinance to economically disadvantaged groups.
For eligible companies operating a peer-to-peer lending platform.
For companies providing account aggregation services under the applicable framework.
For businesses principally engaged in factoring activities.
For businesses primarily engaged in infrastructure financing.
Other Specialised Categories: Depending on the proposed business model, other specialised RBI-regulated categories may also apply, including CIC, IDF-NBFC, HFC, CIC-ND-SI, NBFC-ND-SI and other applicable categories.
(NBFC must satisfy the 50–50 principal business criteria)
Company incorporated under the Companies Act, 2013 with a valid corporate structure.
Minimum NOF depends on the NBFC category.
(Indicative as per RBI framework)* Subject to change as per RBI guidelines.
Clear business model, proposed activities, revenue model, financial projections and risk management strategy.
Promoters, directors and key management personnel must meet RBI's 'Fit & Proper' criteria.
MOA, AOA, financial statements, KYC of promoters & directors, business plan, policies, minutes, declarations and other prescribed documents.
Ability to comply with RBI regulations, prudential norms, reporting, audit and ongoing compliances.
Define proposed activities and select the appropriate NBFC category as per RBI framework.
Incorporate the company and ensure the required Net Owned Fund and other capital requirements.
Prepare all required corporate, financial, management and business documents as per RBI requirements.
Submit the application through the prescribed RBI process along with fees, documents and declarations.
RBI reviews the application, seeks clarifications (if any) and evaluates fitness and compliance.
On approval, RBI issues the Certificate of Registration and the company can commence the permitted NBFC business.
NBFC registration is activity and category specific. The applicable framework, capital requirement and conditions vary.
NBFC registration does not automatically authorise acceptance of public deposits. Deposit acceptance is subject to specific RBI authorisation and conditions.
All NBFCs must comply with ongoing regulatory requirements, filings, reporting, audit and corporate governance norms applicable to their category.
(Subject to eligibility, category and RBI approval)
From structuring to RBI registration and ongoing compliance – we help you at every step.