The NBFCs are growing form the last few years on day to day basis and hence, become an important segment of Indian Financial system. They help in providing banking facilities in the societies where banks are not able to reach. NBFCs are the companies registered under the companies act, having net own funds of Rs. Two crores and involved in the business of providing loans and advances, acquisition of shares/stock/bonds/debentures/securities issued by government or local authority or other marketable securities, leasing, hire-purchase, insurance business, chit business and excluding those companies whose main business is of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any sale/ purchase/ construction and services of immovable property.


NBFCs are regulated under the provision of RBI, it gets mandatory for them to get NBFC registered with RBI.

The process of Registration with RBI is as Follows:

The applicant has to apply online along with the necessary documents, by submitting the application through RBI’s secured website https://cosmos.rbi.org.in. After submitting a Company Application Reference Number will be generated, which enable them in knowing the current status of the registration process. Thereafter, they have to submit the same application in hard copy (indicating the online Company Application Reference Number), along with the supporting documents to the concerned Regional Office. After verification, the regional office will forward it to the central office of RBI for their approval, and if they are satisfied after verification of documents then, the NBFC certificate will be issued.

Enterslice is a platform for those who want to set-up or to an existing company as a NBFCs. We have a team of professional, who are dealing in this field for a long time. We give comment to our client to provide them in the least period of time. For further details of NBFC for sale, mail us at info@enterslice.com.