NBFC Annual Compliance Services in India
CA for NBFC Compliance, RBI Returns & ROC Filings

This page is part of our broader NBFC practice. Whether your company came through a fresh NBFC registration or an NBFC takeover, the compliance obligations begin immediately — and they apply even in years when the business writes little or no new lending.

This guide covers everything — what NBFC annual compliance involves, the NBFC compliance checklist of key RBI returns and filings, why a CA for NBFC compliance makes the difference, how the load differs between base-layer and middle-layer NBFCs under scale-based regulation, what happens when filings are missed, and how our compliance process runs through the year.

NBFC annual compliance is the recurring set of regulatory obligations an NBFC must complete to remain in good standing with the Reserve Bank of India and the Registrar of Companies. Because an NBFC is regulated under both the RBI Act, 1934 and the Companies Act, 2013, it carries a dual compliance load: RBI returns, prudential norms, and governance standards on one side, and ROC filings, board processes, and tax compliance on the other.

The obligations are not optional and not activity-linked — they apply whether the NBFC lent ₹500 crore or sat dormant. The RBI's scale-based regulation framework sets the intensity by layer, the filings run on fixed due dates through the year, and the company's compliance record directly shapes how the regulator treats it in inspections, approvals, and any future change of control.

Here is the NBFC compliance checklist most companies need to plan around. The exact set depends on the NBFC's layer and activity, but the core obligations are:

Each item draws on the same underlying books, which is why NBFC compliance works best as one connected system rather than a scatter of individual forms.

A Chartered Accountant for NBFC compliance manages that connected system end to end. The DNBS returns, the Net Owned Fund and capital adequacy computations, the asset classification and provisioning, the Statutory Auditor Certificate, and the ROC and tax filings all rest on the same financial data — and the RBI notices when the numbers across filings do not reconcile. A CA keeps every filing consistent with the books and with each other.

Just as importantly, a CA firm for NBFC compliance runs the calendar so nothing slips: due dates are tracked, data is prepared in advance, XBRL validations are handled before the deadline rather than on it, and the company stays inspection-ready all year. When you hire a Chartered Accountant for NBFC annual compliance, you are not buying form-filling — you are buying a clean regulatory record, which is the asset the RBI actually evaluates.

The most common question is how much compliance a given NBFC actually carries, and the answer depends on its layer under the RBI's scale-based regulation. Base-layer NBFCs — most smaller, non-deposit-taking companies — carry the lighter set: the annual DNBS returns, the Statutory Auditor Certificate, event-based intimations, and the standard ROC and tax cycle. Middle-layer and upper-layer NBFCs add monthly and quarterly prudential returns, structural liquidity and interest-rate sensitivity statements, tighter governance and risk-management norms, and closer supervisory engagement.

That single difference drives how the compliance function should be built. A base-layer NBFC can run on a disciplined annual calendar with periodic check-ins; a middle-layer NBFC needs monthly data flows, ALM monitoring, and standing processes — closer to a bank's compliance rhythm than a trading company's. We size the compliance framework to the layer your NBFC actually sits in, and re-size it as the balance sheet grows, with internal audit support layered in where the scale demands it.

Missed or late filings attract monetary penalties under the RBI Act and adverse observations in inspections — and persistent default goes further. The RBI has cancelled the Certificates of Registration of NBFCs for continued non-filing of returns, which ends the company's ability to carry on NBFC business altogether. Late ROC and tax filings stack their own additional fees, penalties, and interest on top. A weak compliance record also surfaces at the worst moments: during fundraising, during an acquisition, or when the RBI is evaluating any approval the company needs. If the business no longer needs the licence, the clean route is a formal NBFC registration cancellation — not silent non-filing.

NBFC compliance runs on a yearly rhythm, and our job is to make that rhythm boring — every filing prepared early, validated, and submitted on time. Here is how we run an engagement, so you always know the next step.

Step 1 — Review the compliance position: pending returns, past gaps, policies, and registrations are assessed before the new cycle begins. Step 2 — Build the layer-based compliance calendar: every RBI, ROC, and tax obligation is mapped to its due date based on your layer under scale-based regulation. Step 3 — Prepare the books and prudential computations: accounts are finalised and Net Owned Fund, capital adequacy, and asset classification with provisioning are computed.

Step 4 — File the RBI returns: the DNBS returns go in XBRL on the RBI's filing portal, with the DNBS-10 Statutory Auditor Certificate coordinated within one month of finalising the balance sheet and never later than 31 December. Step 5 — Complete ROC, tax, and other regulatory filings: AOC-4, MGT-7, DPT-3, the income tax return and tax audit, GST, TDS, and FLA or FEMA reporting where applicable. Step 6 — Maintain governance and inspection readiness: board meetings, policies, registers, KYC/AML, and credit bureau reporting stay current through the year, so an RBI inspection finds the house already in order.

At N D Savla & Associates, we provide end-to-end support for NBFC annual compliance and everything connected to it. Our NBFC compliance services cover the full cycle:

NBFC compliance rewards consistency, and consistency comes from one accountable team handling the whole picture. As a Chartered Accountant firm with strong RBI-facing experience, we manage the RBI, ROC, and tax sides of an NBFC as a single system — the same team that computes your Net Owned Fund files your DNBS returns and coordinates your auditor's certificate, so the numbers never contradict each other.

Clients choose us because their compliance simply stops being a worry. You get a defined calendar with zero follow-up needed from your side, filings prepared ahead of deadlines rather than against them, clear flags when the rules change or your layer is about to, and a regulatory record that holds up in inspections, fundraises, and exits alike. From the first year after registration to the day the licence is sold or surrendered, we keep your NBFC in good standing.