RBI-Compliant Setup by N D Savla & Associates
Setting up an NBFC in India is not a routine company registration. It is a regulatory approval process driven entirely by the Reserve Bank of India. The paperwork matters, the background matters, and the way your business model is presented matters even more.
At N D Savla & Associates, we help promoters register NBFCs the right way. Structured, compliant, and prepared for RBI scrutiny from day one.
What Is NBFC Registration?
NBFC registration is the process of obtaining a Certificate of Registration (CoR) from the Reserve Bank of India under Section 45-IA of the RBI Act, 1934. Without this approval, no company can legally carry on financing or lending activities in India.
RBI evaluates not just documents, but intent, financial strength, governance standards, and long-term sustainability.
That’s where professional handling makes the difference.
Eligibility for NBFC Registration
Before applying, your entity must meet key conditions:
Company incorporated under the Companies Act, 2013
Minimum Net Owned Fund of ₹10 crore
Clean financial and regulatory background of promoters and directors
Clear, viable business plan for financial activities
Strong governance and internal control framework
We assess eligibility upfront so you don’t lose time on avoidable rejections.
Our NBFC Registration Services
1. Pre-Application Assessment
We begin with a detailed review of:
Promoter profile and financial strength
Capital structure and source of funds
Proposed NBFC activity and model
Compliance readiness
This stage sets the foundation. RBI rarely gives second chances for weak applications.
2. Entity Structuring & Capital Planning
We assist with:
Company incorporation or restructuring
Net Owned Fund planning and documentation
Shareholding and board structuring
Alignment with RBI expectations
Everything is structured keeping approval and future operations in mind.
3. Documentation & Policy Drafting
We prepare and review all mandatory documents, including:
Business plan and financial projections
Fair Practices Code
Risk management and internal control policies
Declarations, affidavits, and disclosures
No generic templates. Everything is customised for your NBFC.
4. RBI Application Filing & Follow-Up
We handle:
Online filing on RBI COSMOS portal
Physical submission to RBI regional office
Query management and clarifications
Regular follow-ups until approval
Our focus stays on clarity, accuracy, and responsiveness.
5. Post-Registration Compliance Support
Once the license is granted, we help you:
Set up compliance calendars
Align accounting and reporting systems
Prepare for RBI inspections
Manage ongoing RBI and ROC filings
Registration is the beginning, not the finish line.
Types of NBFCs We Assist With
NBFC – Investment and Credit Company (NBFC-ICC)
Loan companies
Asset finance companies
Microfinance institutions
Holding and investment NBFCs
We guide you on the most suitable structure based on your business goals.
Why Choose N D Savla & Associates?
NBFC registration is not about speed. It’s about approval.
Strong experience with RBI-facing assignments
Clear understanding of regulatory intent
Practical advice, not textbook explanations
One-point accountability from start to license
Transparent process and realistic timelines
We don’t push applications. We prepare them properly.
F.A.Q.
FCRA stands for the Foreign Contribution (Regulation) Act, 2010. Any trust, society, or Section 8 company in India that wishes to receive foreign donations or grants must comply with FCRA by obtaining registration or prior permission from the Government of India.
Yes. Organisations cannot receive foreign contributions without valid FCRA registration or prior permission. Receiving foreign funds without approval is a violation and can lead to penalties or cancellation.
FCRA registration is for organisations with a proven track record of charitable activities. Prior permission is granted for a specific donor and purpose, usually to newly formed organisations that are not yet eligible for full registration.
To be eligible, an organisation must:
Be registered as a trust, society, or Section 8 company
Be active for a minimum prescribed period
Have a genuine charitable or social purpose
Not be involved in prohibited activities
Eligibility is subject to government scrutiny and documentation review.
FCRA registration is valid for a fixed period, usually five years. It must be renewed before expiry to continue receiving foreign contributions without interruption.
If FCRA registration is not renewed within the prescribed timeline, it may lapse, and the organisation may be prohibited from receiving or utilising foreign contributions until compliance is restored.
Yes. Organisations must open a designated FCRA bank account to receive foreign contributions. Utilisation accounts may also be required as per FCRA rules. All foreign funds must be routed through approved accounts only.
