NBFC Registration Services in India
Get RBI License with Ease
Start your Non-Banking Financial Company (NBFC) today with Marcken Consulting, trusted experts in NBFC registration, compliance, and RBI approval.
🧭 What is an NBFC & Why Should You Register One?
An NBFC (Non-Banking Financial Company) is a financial institution that offers services similar to banks, such as loans, asset financing, micro-lending, investment, and more, but without requiring a banking license. By the RBI Act of 1934, the Reserve Bank of India (RBI) regulates.
🚀 NBFCs contribute over 15% of total credit flow in India, making them vital players in the financial ecosystem.
Ready to make an impact in India's booming finance sector?
💡 Why Register with Marcken Consulting for NBFC?
✅ 100% RBI Compliance Assistance
✅ Personalized Guidance from Finance Industry Experts
✅ End-to-End Documentation Support
✅ Dedicated Relationship Manager
Types of NBFCs You Can Register in India
Understanding the right NBFC model is critical. We help you choose based on your vision & capital.
🔹 Loan Company (LC)
Offers loans and advances without accepting public deposits.
🔹 Asset Finance Company (AFC)
Finances the purchase of assets like vehicles, equipment, etc.
🔹 Investment Company (IC)
Primarily focuses on purchasing shares and stocks.
🔹 Microfinance Institution (MFI)
Caters to low-income groups through small-ticket unsecured loans.
🔹 Housing Finance Company (HFC)
Offers house loans for property building or acquisition.
💡 Why Register with Marcken Consulting for NBFC?
To start your NBFC, you must meet these key requirements:
✅ Company Registration under the Companies Act, 2013
✅ At least 1/3 Directors must have finance experience
✅ A 5-Year Business Plan showing viability
✅ Having proper CIBIL records for directors and shareholders.
✅ FEMA compliance (if foreign investment is involved)
🛠️ Step-by-Step NBFC Registration Process
✅ Step 1: Company Formation
Register a Private or Public Limited Company with “finance” in its objectives.
✅ Step 2: Capital Requirement
Make a ₹2 crore (minimum NOF) deposit into a designated bank account.
✅ Step 3: Documentation
Prepare: Director KYC & net worth, Business plan, Banker’s report, Audited balance sheet.
✅ Step 4: RBI Online Filing
Use the RBI COSMOS site to submit an application and receive a reference number
✅ Step 5: Physical Submission
Documents should be sent in a physical copy to your RBI Regional Office.
✅ Step 6: Verification by RBI
RBI reviews & may ask for additional documents or interviews.
✅ Step 7: Certificate of Registration
If approved, you’ll receive a valid NBFC license from the RBI.
🎯 Want this done without the stress?
📑 Required Documents for NBFC Registration
Here’s a list of documents we’ll help you prepare:
✔ Certificate of Incorporation (COI)
✔ Memorandum & Articles of Association (MOA/AOA)
✔ Board Resolution approving NBFC setup
✔ Detailed business plan (5-year financials)
✔ Banker’s Report & Net Worth Certificates
✔ KYC of Directors & Shareholders
✔ Auditor’s report confirming capital deposit
⚖️ NBFC vs Bank – What’s the Difference?
Features
NBFC
Bank
🚀 Why NBFCs Are Booming in India?
🚀At a CAGR of 18.5%, the NBFC industry in India is growing.
💸 Serving unbanked sectors, rural entrepreneurs & MSMEs
🌐 Quick loan approvals with low operational costs
🧑💻 Enabled by digital transformation and fintech collaboration
📞 Want to invest in India's financial future?
Frequently Asked Questions
What is an NBFC, and how do they vary from banks?
Although they offer financial services including lending, asset finance, and investing, non-banking financial companies, or NBFCs, are unable to take demand deposits as banks do. Unlike banks, NBFCs do not maintain a banking license, cannot issue cheques, and have more flexibility in operations. They are governed by the RBI but under less stringent norms. This makes them ideal for targeting underserved or niche financial markets.
What benefits come with starting an NBFC in India?
Registering as an NBFC allows businesses to offer financial services legally without becoming a bank. It opens doors to lending, leasing, asset financing, and microfinance. NBFCs enjoy regulatory flexibility and can tap into fast-growing markets like rural lending and fintech. With rising demand in credit sectors, NBFCs are a smart, scalable financial model.
How much time does it take to register an NBFC with the RBI?
Typically, the NBFC registration process takes about 3 to 6 months, depending on how quickly documents are submitted and RBI approvals are granted. Delays may occur if the documentation is incomplete or if RBI requires clarification. Partnering with experts like Marcken Consulting ensures faster, smoother processing.
Why is ₹2 crore needed, and what is Net Owned Fund (NOF)?
NOF refers to the company’s net worth (paid-up capital + free reserves) minus intangible assets and accumulated losses. RBI mandates a minimum ₹2 crore NOF for NBFCs to ensure financial stability and reduce risk. This capital must be unencumbered, in liquid form, and shown in audited financials.
Can a foreign company or investor register an NBFC in India?
Yes, foreign investment is allowed in NBFCs under the automatic route up to 100%, provided it complies with FEMA and RBI guidelines. However, certain sectors like microfinance or infrastructure finance may require specific approvals. Detailed FDI structuring is crucial, and we can help with FEMA-compliant registration.
👉 Talk to our NBFC Experts Now
