A Non – Banking Financial Corporation is a company incorporated under the Companies Act 2013 or 1956. According to section 45-I (c) of the RBI Act, a Non – Banking Company carrying on the business of a financial institution will be an NBFC.
NBFC registration is very important for a person who wants to carry finance business in India. NBFCs cater wide range of customers and provide loans to the deprived sections of the society including both urban & rural areas in this way they contribute towards the growth of the country. Moreover, the interest rate at which a NBFC advances loan can be decided by itself keeping RBI guidelines in mind. It is governed by the Ministry of Corporate Affairs as well as the Reserve Bank of India. The License for operation is obtained from the RBI and it is incorporated as a company under applicable laws of the land. NBFCs act as an alternative to the banks as they provide financial solutions to the unorganized part of the society.
Our services include:-
- Registration of Company under Companies Act, 2013
- Ensuring that the Company complies with capital compliances and FEMA
- After satisfaction, preparation of necessary documents for registration
- Filing application for registration as NBFC with the RBI online
- Submission of hard copy of documents to the concerned RBI
- Appearance before RBI
- Assisting the NBFC in post registration compliances
For availing any of the services as listed above, click here.