What is RBI Licence Registration?

The Reserve Bank of India (RBI) is the central bank of India. It controls banks, lending companies and many money and payment businesses. If you want to run a lending, finance or payment business, you may need a licence, registration or authorisation from the RBI before you start.

For most new business owners, the main RBI registration is the NBFC registration. NBFC stands for Non-Banking Financial Company. It is a company that gives loans or does finance work like a bank, but it does not hold a banking licence. The RBI gives it a Certificate of Registration (CoR) under Section 45-IA of the RBI Act, 1934.

CA Arpit Gupta helps founders and companies understand the RBI rules, arrange the capital, prepare the documents and file the application.

Which Businesses Need an RBI Licence or Registration?

• Company giving loans to customers
• Microfinance company giving small loans to low-income groups
• Factoring company that buys invoices
• Housing finance company
• Payment gateway holding customer money before payment to the seller
• Mobile wallet or prepaid card issuer
• Foreign currency dealer
• Asset reconstruction business
• Credit score company

What is an NBFC?

An NBFC is a company registered under the Companies Act that does business such as:

• Giving loans and advances
• Buying and selling shares, bonds and other securities
• Leasing and hire purchase
• Financing of vehicles, machines, homes or small business needs
• Factoring of invoices and receivables

What Documents Are Needed for RBI-NBFC Registration?

• Certificate of Incorporation, MOA and AOA
• PAN and TAN of the company
• Board resolution approving the NBFC application
• Bank certificate for Net Owned Fund
• Statutory auditor certificate for NOF
• Audited financial statements
• KYC and background details of directors and promoters
• Credit reports and declarations of directors
• Details of shareholders and the source of funds
• Business plan with projections for the next 3 to 5 years
• Details of the office premises and address proof
• Details of systems, technology and key staff
• Policies such as fair practices code, KYC and anti-money laundering, and risk policy
• Other declarations and undertakings

Note: The exact list depends on the type of NBFC and RBI's latest directions. We provide the complete list after we understand your plan.

How Does RBI NBFC Registration Work?

1. Call or WhatsApp us on +91-7081220600
2. Share your business idea like type of lending, target customers and capital plan
3. We explain the NBFC type, the capital and the rules that apply to you
4. We help incorporate the company with the right objects and structure
5. You arrange and deposit the Net Owned Fund in the company bank account
6. We prepare the business plan and policies and collect the certificates
7. You send the documents by email or WhatsApp
8. We file the application on the RBI PRAVAAH portal and submit the required papers to the concerned RBI office, if asked
9. RBI reviews the application and may ask questions, call for a meeting or check the details
10. We reply to every query
11. RBI grants the Certificate of Registration if it is satisfied
12. We guide you on compliance, returns and reporting after registration

Why Choose CA Arpit Gupta for RBI Licence Registration?

• We tell you the real capital, time and chances before you invest
• Updated with the latest rules
• Complete support like company formation, capital planning, CA certificates and filing
• Strong documentation like business plan, policies and declarations prepared with care
• Support during RBI queries
• Post-registration help
• We explain every step clearly
• Easy contact

Get Expert Help for Your RBI Licence

An RBI licence is a big step, and a good plan saves time and money. Share your business idea with CA Arpit Gupta, and we will guide you from the capital plan to the certificate.

Call or WhatsApp CA Arpit Gupta at: +91-7081220600.