About NBFC Registration
Completely and adroitly supported by our well-informed and adept attorneys, NBFC registrations are provided across countries globally. Non-Banking Financial Companies (NBFCs) have emerged as vital supporters to banks and financial institutions, serving as primary intermediaries between the public and institutions in the banking and financial sector.
NBFCs assist public borrowers, entrepreneurs, businesspersons, traders, professionals, investors, and companies with public deposits, commercial/industrial loans, leasing, investment funds, hire-purchasing, stocks, bonds, and more. Our prompt NBFC registration services, including online registration, can be availed globally, though this section focuses on India.
NBFC Registration Services in India
In India, there are three broad categories of NBFCs: Loan Companies, Asset Finance Companies, and Investment Companies. We provide expert services for formation and registration of all three types across the country. Our NBFC registration fees are reasonable, and all NBFCs are registered and regulated under the Reserve Bank of India Act, 1934 (Section 45-IA).
Any company registered under the Indian Companies Act, 1956, and engaged in these activities is eligible for NBFC registration if it possesses the minimum recommended capital of Rs. 2 Crore. NBFC registration is essential for proper accreditation, public reliability, legal security, and market reputation.
For companies whose annual financial flow exceeds 50% of total individual assets, NBFC registration is mandatory in India. Eligible companies can apply to the RBI by filing the prescribed application format and submitting all required documents in duplicate for approval and issuance of the NBFC registration certificate.