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Non banking financial company are those companies which are registered under the companies act and is engaged in business of loans and advances acquisition of shares/bonds/debentures and which are issued by the government or any other local authority under the government. It also include such kind of companies which are dealing in hire purchase, insurance business, chit business. The registration of NBFC is very important for the regulation of capital and money market and also to protect the interest of the depositors. All the companies whose financial assets exceed 50% of the total assets and income, then it is necessary for that company to go for RBI registration.

NBFC Registration Procedure

Any company want to get registered as Non banking financial company then that company have to make an application to the Reserve Bank of India for the grant of NBFC certificate, along with the application there is need to attach the necessary documents. All the documents which are to be submitted along with the application are to be filed in duplicate. After scrutinizing the application and all the necessary documents required for registration, if the Reserve Bank of India deems fit then NBFC certificate is to be Granted. We are the leading service providers in NBFC Registration and other related issues, Our expert team will provide you all useful information relating to the NBFC. IF you want to know more about NBFC then company-registration-india.com will help you in solving all your queries.