An NBFC license from the RBI lets you run a lending business at scale: personal loans, business loans, vehicle finance or fintech backed credit. It is also one of India’s most exacting licenses, built on capital adequacy and promoter credibility.
Krishna TaxNova manages the registration end to end: structuring the company, meeting the net owned fund requirement, preparing the fit and proper documentation for promoters and directors, and following the application through RBI queries to grant.
What is NBFC Registration?
NBFC registration under section 45-IA of the RBI Act requires a company with minimum net owned funds (ten crore rupees for most new NBFC-ICC applicants under current norms), directors and promoters meeting fit and proper criteria, and a credible business plan. Applications are filed on the RBI’s portal with detailed annexures, followed by clarification rounds before the certificate of registration is issued under the applicable layer of the Scale Based Regulation framework.
Who Should Apply for NBFC Registration?
- Entrepreneurs building lending businesses
- Fintech platforms moving from partnerships to their own license
- Business groups formalising internal financing arms
- Investors acquiring or building credit institutions
Benefits of NBFC Registration
Lend Lawfully at Scale
The license permits systematic lending that unlicensed entities cannot do.
Fintech Foundation
Digital lending models stand on an owned license rather than rented ones.
Leverage Access
Licensed NBFCs raise debt from banks and markets to multiply lending capacity.
Enterprise Value
Operating NBFCs command significant strategic and acquisition value.
Regulatory Clarity
Scale based regulation gives a defined compliance path as you grow.
Documents Required for NBFC Registration
Keep these documents ready. You can upload them using the form on this page or send them to us on WhatsApp.
- Certificate of incorporation with financial objects
- Net owned fund proof: capital infusion, bank statements and CA certificate
- KYC, net worth and credit reports of promoters and directors
- Profiles demonstrating financial services experience
- Detailed business plan with five year projections
- Board resolutions and declarations in RBI formats
- Banker’s report on the company and promoters
Step by Step Process for NBFC Registration
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Step 1: Structuring
Company setup, capital plan and promoter profile are aligned to RBI expectations.
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Step 2: Capital and Documentation
NOF is established and certified; fit and proper dossiers are compiled.
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Step 3: Application Filing
The online application and physical file are submitted to the RBI.
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Step 4: Query Rounds
RBI clarifications are answered with speed and precision.
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Step 5: Grant and Go Live
The certificate is issued and we set up the compliance framework for operations.
NBFC Registration at a Glance
Estimated Timeline
6 to 12 months including RBI processing
Governing Authority
Reserve Bank of India (RBI)
Validity
Ongoing, subject to RBI regulation
Government Fees
Minimum net owned fund is 10 crore rupees for most new applicants
Why Choose Krishna TaxNova for NBFC Registration?
RBI applications succeed on promoter credibility and coherent business plans. We build the file the way the regulator reads it, and stay with you for post license compliance.
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.
NBFC Registration: Frequently Asked Questions
What is net owned fund and why does it matter?
NOF is the company's owned capital net of certain investments, and the RBI's primary entry filter, ten crore rupees for most new applications. It must be genuine, sourced and certified, which our documentation proves.
Can I lend through an app without an NBFC license?
Lending as a business requires a license; unlicensed apps operate unlawfully or rent balance sheets under strict digital lending rules. We advise the compliant path, including partnership models while your license is processed.
What do promoters need to demonstrate?
Clean credit histories, verifiable net worth, financial services competence and integrity, the fit and proper standard. Weakness here is the top rejection cause, so we assess it before you commit capital.
What compliance follows the license?
Returns to the RBI, prudential norms, KYC/AML systems, fair practices code and board governance under the scale based framework. Our post license retainer runs this machinery.
How long does NBFC Registration 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 NBFC Registration?
The key documents include certificate of incorporation with financial objects, net owned fund proof: capital infusion, bank statements and ca certificate, kyc, net worth and credit reports of promoters and directors, profiles demonstrating financial services experience. Our team shares a simple checklist after the first call so nothing is missed.
Can I complete NBFC Registration 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 NBFC Registration?
NBFC Registration 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 NBFC Registration?
The validity is ongoing, subject to RBI regulation. We send renewal and compliance reminders in advance so you never miss a due date.
Do you provide NBFC Registration 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 NBFC Registration 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.