70 likes | 84 Views
We provide services for NBFC Registration and it is highly innovative in lending space and plays a vital role in the growth of financial business and it proves that NBFC License is more innovative as compared to the bank. The best factor of the NBFC Registration process to Success in customization and personalized loan product and customer friendly. For more information about service visit to: https://enterslice.com/nbfc-registration
E N D
An Overview on NBFC & its Registration Process
What is an NBFC ? NBFC means Non-Banking Financial Companies which plays a crucial part to growing economy of India. The company services are similar to bank like offering loans, accepting deposits, giving cash advances , financial inter-mediation, leasing etc.
Why NBFC is exist if Banks are there? Banks are not present everywhere. There is quite need for banking institutions in many part of India. As there is an increasing demand for loans and advances,NBFCs are growing and expanding with great pace.
NBFCs are classified in two Category Deposit- taking Non- Banking Financial Company [NBFC-D] Non-Deposit taking Non-Banking Financial Company [NBFC-ND]
Popular NBFCs in India Investment Company (IC) Asset Finance Company (AFC) Loan Company (LC) Infrastructure Finance Company (IFC) Systemically Important Core Investment (CIC-ND-SI) Infrastructure Debt Fund (IDF : NBFC) Non-Banking Financial Company – Micro Finance Institution (NBFC-MFI) Non-Banking Financial Company – Factors (NBFC-Factors) Mortgage Guarantee Companies (MGC) NBFC – Non-Operative Financial Holding Company
Procedure for NBFC Registration in India Company Incorporation Apply for online registration on COSMOS Download the excel from an excel application Company will allocated a CARN number once form is submitted and company receive a company application reference for the CoR Submission of the application with supporting documents to the regional office after receiving of CARN, a physical application form with supporting documents to regional office. Issuance of NBFC License if everything found correct by the Head Office of RBI and a company gets a NBFC license.
To know more on NBFC Registration, Contact US on ; 9870310368 whatsapp Number www.enterslice.com/nbfc-registration.com