NBFC License Registration in India – Get RBI Approval with Legal Setup India
Start Your Non-Banking Financial Company with Expert Assistance
Planning to start a lending, investment, leasing, or financial advisory business in India? You must register under RBI regulations by obtaining an NBFC License (Non-Banking Financial Company License). Whether you are targeting Ahmedabad, Gujarat, or operating PAN India, Legal Setup India offers expert guidance in obtaining NBFC registration with the Reserve Bank of India (RBI).
What is an NBFC (Non-Banking Financial Company)?
An NBFC is a company registered under the Companies Act, 2013 and regulated by the Reserve Bank of India (RBI). NBFCs engage in the business of loans, advances, asset financing, investments, leasing, hire-purchase, or financial advisory but do not hold a banking license. NBFCs cannot accept demand deposits but play a critical role in financial inclusion and lending support.
Types of NBFCs in India
Legal Setup India can assist in registering the following types of NBFCs:
-
Loan Company (NBFC-LC)
-
Investment Company (NBFC-IC)
-
Asset Finance Company (AFC)
-
Infrastructure Finance Company (IFC)
-
Microfinance Institution (NBFC-MFI)
-
Core Investment Company (CIC)
-
NBFC-P2P (Peer-to-Peer Lending Platform)
-
Housing Finance Company (HFC)
Mandatory Requirements for NBFC License (RBI Guidelines)
✔️ Minimum Net Owned Fund (NOF) of ₹2 Crores
✔️ Registered Company under Companies Act
✔️ Clean Credit History of Directors and Shareholders
✔️ Strong Business Plan & Financial Projections
✔️ Fit & Proper Criteria Compliance
✔️ CIBIL & Background Checks Clearance
✔️ RBI Compliances & Cybersecurity Policies (for P2P & Digital NBFCs)
Benefits of NBFC Registration in India
✔️ Legal recognition for lending or financial activity
✔️ Access to credit and funding sources
✔️ Trusted reputation among borrowers and investors
✔️ Ability to scale microfinance or investment operations
✔️ Participation in fintech and digital lending platforms
✔️ Tax benefits and business continuity
Step-by-Step Process for NBFC License Registration
-
Company Incorporation (If not registered yet)
-
Minimum Net Owned Fund of ₹2 Crore – Bank Proof
-
Prepare Detailed Business Plan & Projections
-
Draft and File Online RBI Application via COSMOS Portal
-
Submit Physical Documents to RBI Regional Office
-
Background Verification by RBI
-
Approval & License Issuance by RBI
Documents Required for NBFC Registration
-
PAN, Aadhaar of Directors
-
Company Incorporation Certificate
-
MOA & AOA
-
Net Worth Certificate from CA
-
Bank Account Details (Showing ₹2 Cr Capital)
-
Income Tax Returns of Directors
-
CIBIL Reports of Directors
-
KYC and Address Proofs
-
Detailed Business Plan
-
Organizational Structure
-
Risk Assessment & Internal Control Policies
-
Cybersecurity & IT Compliance (for Digital NBFCs)
NBFC Registration Fees & Timeline
-
Professional Fee Starts at ₹1,25,000/- onwards
-
Registration Time: 4 to 6 Months (as per RBI scrutiny)
-
Includes advisory, documentation, legal drafting & application filing
***Fees may vary based on type of NBFC and compliance complexity.
Why Choose Legal Setup India for NBFC License Registration?
✔️ RBI-Focused NBFC Registration Experts
✔️ End-to-End Consultation – From Company Setup to License Issuance
✔️ Experienced CA & CS Team in Ahmedabad, Gujarat
✔️ 100% Online Process with Document & Legal Support
✔️ Guidance on Post-License Compliances & RBI Reporting
✔️ Served 1000+ Financial Startups & Fintech Ventures PAN India
FAQ
Answers
Frequently asked questions
Start Your NBFC with Legal Setup India Today!
Looking to build a digital lending platform, microfinance business, or investment company? Get expert legal and financial support from Legal Setup India, your trusted partner for NBFC registration in Ahmedabad, NBFC License in Gujarat, and across India.