P2P platforms connect lenders and borrowers directly, earning fees without carrying credit risk, but only under the NBFC-P2P license. The RBI’s rules on escrow flows, exposure caps and disclosures define exactly how the marketplace must run.
Krishna TaxNova prepares your P2P application end to end: the two crore capital base, the technology and escrow architecture the regulator examines and the policies that govern participant protection.
What is P2P Lending License?
NBFC-P2P registration requires a company with minimum net owned funds of two crore rupees, operating purely as an intermediary: no balance sheet lending, no deposit taking, funds moving only through bank promoted trustee escrow accounts. Regulations cap lender exposures (aggregate caps across platforms, per borrower limits) and mandate credit assessment disclosure, agreements and bureau reporting. Leverage and fund flow rules are enforced strictly, with recent tightening on practices like instant liquidity features.
Who Should Apply for P2P Lending License?
- Fintech founders building lending marketplaces
- Wealth platforms adding alternative fixed income products
- Existing platforms regularising ahead of RBI scrutiny
- Investors backing consumer credit marketplaces
Benefits of P2P Lending License
Marketplace Economics
Earn fees on origination and servicing without credit risk on your books.
Lower Capital Entry
Two crore NOF versus ten crore for lending NBFCs.
Regulated Trust
The license signals legitimacy to lenders placing money on your platform.
Defined Architecture
Escrow and exposure rules give a clear compliant blueprint to build against.
Scale Path
Licensed platforms can grow participants nationally under one framework.
Documents Required for P2P Lending License
Keep these documents ready. You can upload them using the form on this page or send them to us on WhatsApp.
- Incorporation documents and capital proof of 2 crore NOF
- Promoter and director fit and proper dossiers
- Business plan and revenue model
- Technology architecture with escrow flow design
- Draft policies: credit assessment, grievance, data protection
- Escrow arrangement details with trustee bank
Step by Step Process for P2P Lending License
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Step 1: Model Review
Your marketplace design is tested against P2P directions before anything is filed.
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Step 2: Capital and Entity Setup
The company and certified capital base are put in place.
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Step 3: Application Preparation
The RBI application with technology, escrow and policy annexures is compiled.
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Step 4: RBI Engagement
Queries and presentations to the regulator are handled through to in principle and final approval.
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Step 5: Launch Compliance
Escrow operations, exposure monitoring and reporting go live with the platform.
P2P Lending License at a Glance
Estimated Timeline
6 to 12 months including RBI processing
Governing Authority
Reserve Bank of India (RBI)
Validity
Ongoing, subject to regulation
Government Fees
Minimum net owned fund is 2 crore rupees
Why Choose Krishna TaxNova for P2P Lending License?
P2P approvals turn on fund flow architecture. We design the escrow and exposure control blueprint with your tech team so the RBI sees a platform built compliant, not patched later.
CA Led Team in Delhi
Your work is handled by a qualified Chartered Accountant team, not a call center. You get correct advice the first time.
Upload Documents Online
Share everything from your phone or laptop. Use the secure upload form on this page or simply WhatsApp us your documents.
Transparent Pricing
You approve a clear quote before we start. No hidden charges at any stage.
End to End Support
From document collection to final approval and post registration compliance, one team stays with you throughout.
P2P Lending License: Frequently Asked Questions
Can the platform guarantee returns to lenders?
No. Credit risk sits with lenders, and guarantees or return assurance features violate the directions. Disclosure of expected returns must be careful, which our policy drafting covers.
How much can one lender invest through P2P?
Aggregate caps apply across all platforms (fifty lakh rupees, with net worth certification above ten lakh), plus per borrower limits. Platforms must enforce these, and our systems design includes the checks.
Why is escrow so central?
All money moves through trustee operated escrow accounts, the platform never touches funds. The RBI examines this architecture minutely, and it is where weak applications fail.
Can existing lending apps convert to P2P?
Models mixing balance sheet lending with marketplace flows must be separated cleanly; the P2P entity does intermediation only. We restructure such businesses before applying.
How long does P2P Lending License take?
In most cases the work is completed in 6 to 12 months including RBI processing. The exact time depends on how quickly documents are shared and on processing time at the department. We keep you updated at every stage.
What documents are needed for P2P Lending License?
The key documents include incorporation documents and capital proof of 2 crore nof, promoter and director fit and proper dossiers, business plan and revenue model, technology architecture with escrow flow design. Our team shares a simple checklist after the first call so nothing is missed.
Can I complete P2P Lending License fully online?
Yes. The entire process is online. Fill the form on this page, upload your documents or WhatsApp them to us, and our experts handle the filings. You do not need to visit any office.
Which authority handles P2P Lending License?
P2P Lending License falls under Reserve Bank of India (RBI). Krishna TaxNova prepares and files your application in the required format and responds to any queries raised by the department.
What is the validity of P2P Lending License?
The validity is ongoing, subject to regulation. We send renewal and compliance reminders in advance so you never miss a due date.
Do you provide P2P Lending License outside Delhi?
Yes. We are based in Delhi and serve clients across India. Since the process is fully online, your location does not matter. Documents can be shared through the website or WhatsApp.
Get P2P Lending License Done by Experts
Fill in your details, upload your documents online or send them on WhatsApp. A qualified CA will review your case and call you back with the exact steps and a fixed quote.