NBFC registration is the formal process of obtaining a Certificate of Registration (CoR) from the Reserve Bank of India that authorizes a company to carry on financial business — including lending, investments, leasing, factoring, and similar activities. Without a valid CoR, no company can legally operate as a Non-Banking Financial Company in India.
NBFC registration is a detailed, scrutiny-heavy process. RBI evaluates the promoter background, source of capital, business plan, risk framework, IT readiness, and Fit & Proper criteria of directors before granting the CoR. Every documentation gap or inconsistency can delay approval by months — which is why NBFC registration requires specialist hands.
We provide end-to-end NBFC registration services — from selecting the right NBFC category, structuring capital to meet Net Owned Funds (NOF), preparing business plans and policies, filing the online application, and responding to RBI queries until the CoR is issued.
Advisory on the right NBFC category (ICC, MFI, Factor, IFC, P2P, AA, CIC) for your business model.
Structuring shareholding, board composition, and promoter entities to meet RBI expectations.
Guidance on raising and infusing Net Owned Funds (NOF) and pricing of share issuance.
Drafting of 5-year business plan, target segments, revenue model, and financial projections.
Credit, risk, KYC/AML, Fair Practices Code, IT/IS, and grievance redressal policies.
Filing of complete application on RBI’s COSMOS portal along with physical submission to RBI office.
Preparation of director profiles, declarations, and evidence for Fit & Proper criteria.
End-to-end handling of RBI scrutiny, observations, and follow-ups until CoR is granted.
Investment & Credit Company engaged in lending, investments, and general financing activities.
Microfinance institution lending small-ticket loans to low-income, self-employed borrowers.
Engaged in factoring and assignment of trade receivables under the Factoring Regulation Act.
Infrastructure Finance Company providing long-term loans for infrastructure projects.
Housing Finance Company providing home loans, regulated jointly by RBI and NHB.
Peer-to-peer lending platform matching lenders with borrowers under RBI’s P2P framework.
Account Aggregator enabling consent-based sharing of financial data between institutions.
Core Investment Company holding investments in group companies above the asset threshold.
Must be a company incorporated under the Companies Act, 2013 — private or public limited.
Minimum NOF of ₹10 crore (or category-specific), verified by banker’s certificate.
Directors and promoters must have clean track records — no defaults, frauds, or regulatory actions.
Directors must satisfy RBI’s Fit and Proper Criteria covering integrity and experience.
At least one director should have relevant experience in financial services or banking.
Main object clause of the MOA should clearly reflect financial business activities.
Incorporate a private / public limited company with NBFC-compliant objects and capital.
Infuse the prescribed Net Owned Funds and obtain certificate from auditor and banker.
Prepare business plan, policies, director profiles, and all supporting documents.
File online application on RBI’s COSMOS portal and submit physical copy to regional RBI.
Respond to RBI queries and supervisory review until Certificate of Registration is issued.
Partner with our experts for end-to-end NBFC registration — from category selection and capital planning to COSMOS fili