RBI Approval for NBFC

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RBI Approval for NBFC

Start Your NBFC Legally with Proper RBI Registration

Setting up a Non-Banking Financial Company (NBFC) in India requires mandatory approval from the Reserve Bank of India. Without RBI registration, no company can legally carry out financial activities such as lending, investment, or asset financing.

OS Management Consulting Services (OSMCS) provides complete end-to-end assistance for RBI Approval and NBFC Registration across India.

Types of NBFCs in India

  • Investment and Credit Company (ICC)
  • NBFC-MFI (Microfinance Institution)
  • NBFC-Factor
  • Infrastructure Finance Company (IFC)
  • Core Investment Company (CIC)
  • Housing Finance Company (HFC)
  • Peer-to-Peer Lending NBFC

Minimum Requirements for NBFC Registration

  • Company registered under Companies Act
  • Minimum Net Owned Fund (NOF): ₹10 Crore (as per latest RBI norms for most NBFCs)
  • Qualified Directors
  • Clean CIBIL record
  • Business plan & financial projections
  • Proper infrastructure & compliance system

Documents Required for RBI NBFC Approval

  • Certificate of Incorporation
  • MOA & AOA
  • Director KYC & Net Worth
  • Board Resolution
  • Business Plan (5-year projection)
  • Banker’s Report
  • Capital Proof
  • Financial Statements

Our experts prepare complete documentation as per RBI guidelines.

Process of NBFC Registration with RBI

  1. Company Incorporation
  2. Capital Infusion
  3. Preparation of Business Plan
  4. Online Application on RBI Portal
  5. Submission of Physical Documents
  6. RBI Review & Clarifications
  7. Certificate of Registration (CoR) Issued

The process may take 4–6 months depending on RBI scrutiny.

Activities NOT Allowed Without RBI Approval

  • Lending business
  • EMI finance
  • Microfinance operations
  • Investment pooling
  • Digital lending apps
  • Public deposit acceptance

Operating without RBI registration can lead to:

  • Heavy penalties
  • Criminal prosecution
  • Business shutdown
  • Director disqualification

Benefits of RBI Approved NBFC

  • Legal authorization to conduct lending business
  • High market credibility
  • Ability to raise funding
  • Structured compliance framework
  • Scalable financial operations
  • Better investor confidence

Industries & Businesses Who Apply for NBFC License

  • Fintech Startups
  • Microfinance Institutions
  • Digital Lending Platforms
  • Investment Companies
  • Asset Finance Companies
  • Infrastructure Funding Companies
  • Venture Capital-Backed Startups
  • Wealth Management Firms

Why Choose OS Management Consulting Services (OSMCS)?

  • Expert RBI Compliance Team
  • Strong Business Plan Drafting
  • Documentation & Capital Structuring
  • Director Eligibility Guidance
  • End-to-End RBI Coordination
  • Post-Registration Compliance Support
  • Pan-India Service

Post NBFC Registration Compliance

After RBI approval, NBFCs must comply with:

  • RBI Returns Filing
  • Statutory Audits
  • Annual Compliance
  • KYC & AML Norms
  • Fair Practices Code
  • Board Reporting

We provide ongoing compliance support to keep your NBFC legally secure.

We Serve Across India Including

Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal, Delhi, and Chandigarh.

Start Your NBFC with RBI Approval Today

Launch your financial business legally and confidently with professional guidance.

OS Management Consulting Services (OSMCS)
📞 +91-9818464539
Professional | Reliable | RBI Compliant NBFC Registration

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