NBFC Registration in India — Expert RBI Licensing & Compliance Support
A dedicated CA, CS, and legal team manages your entire NBFC registration — structuring, documentation, RBI filing, and post-registration compliance — with transparent pricing and honest timelines at every stage.
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100+
NBFCs Incorporated
50+
Licenses Delivered
10+
Years of Experience
98%
Success Rate*
24x7
Expert Support
*Application success rate across NBFC registration filings we've managed end to end. Final approval rests with RBI's discretion.
Why Founders Choose Bharat Cred
One Dedicated Team
CA, CS, and legal coordination under one point of contact — not passed between departments.
Transparent Pricing
Scoped and discussed upfront, before you commit to anything. No hidden charges later.
Real, Named Case Studies
Written by the team that actually files this paperwork — not generic marketing copy.
Support After the License
The same team stays on for ongoing RBI compliance — not a one-time handoff.
Is NBFC Registration Right for You?
RBI's definition of an NBFC is specific — not every financial-sounding business qualifies, and not every qualifying business needs a full NBFC license. Here's a quick, honest read before you commit to the process.
This is likely a good fit if:
- Your business's principal activity is lending, investment, or asset finance
- More than 50% of your assets and income already come (or will come) from financial activity
- You can meet RBI's ₹10 crore Net Owned Fund requirement, or plan to structure toward it
- You want to own the license yourself, or are open to takeover / Plug & Play alternatives
Worth a conversation first if:
- Your core business is agriculture, industrial activity, goods trading, or real estate
- You're only exploring insurance or stock broking — those sit under a different regulator
- You're not yet sure whether you clear RBI's "50-50" financial-activity test
Not sure which bucket you fall into? Use the eligibility check below, or talk to our team directly — no cost, no obligation.
What is my NBFC Eligibility?
Answer a few simple questions to get an indicative read on your NBFC registration eligibility.
This is a general, indicative guide — not a legal or financial determination. Talk to our team for an exact eligibility assessment for your business.
Download Free NBFC Registration Checklist
Get our comprehensive 2026 checklist covering all documents, process, compliance & timelines.
- 130+ Compliance Points
- Required Documents List
- RBI Registration Process
- Capital Requirement Guide
- Timeline & Key Milestones
- Post Registration Compliance
- Common Mistakes to Avoid
Our Proven 8-Step NBFC Registration Process
Incorporation
NOF & Business Plan
Director Appointment
COSMOS Application
CARN Generated
RBI Verification
CoR Issued
Compliance Support
Documents Required
- Certificate of Incorporation, MOA & AOA
- Detailed business plan / project report
- Net worth certificates of directors & shareholders
- KYC of directors and shareholders
- Board resolutions and fit-and-proper declarations
- Bankers' report and net owned fund certificate
- Auditor's certificate on capital structure
- Board-approved credit policy
- Office address proof
What Does It Cost to Start an NBFC?
Regulatory Capital (Net Owned Fund): ₹10 crore+ — this stays in your company as capital. It is not a fee paid to anyone.
Professional & Registration Fees: typically ₹15–18 lakh all-in, covering RBI/regulatory processing and full consultant support.
Use the tool below to estimate your professional fee range.
Timeline for NBFC Registration
RBI's own review is the largest single stretch — most NBFC registrations take 4–6 months end to end.
Month 1
Entity Structuring & Business Plan
Capital structure, shareholding, and the 5-year business plan RBI expects to see.
Month 1–2
Documentation & RBI Filing
Every policy, certificate, and disclosure prepared, reviewed, and filed with RBI.
Month 3–5
RBI Review & Clarifications
RBI's due-diligence cycle — the biggest driver of total timeline, and where a complete first filing saves the most time.
Month 5–6+
Certificate of Registration Issued
Once RBI is satisfied, the CoR is issued and you're cleared to start lending operations.
Our honesty commitment: we prepare your application efficiently — RBI's own review is separate and outside any consultant's direct control. Anyone promising a guaranteed, fixed approval date isn't being fully transparent with you. A clean, complete application is the single biggest factor in avoiding delays, and that's what we control.
Register New, Take Over, or Plug & Play?
All three land you with NBFC-backed lending capability — which one fits depends on your timeline, budget, and whether you actually need to own the license yourself. Tell us in the form above and we'll tell you which one fits.
| Criteria | Register New | Takeover | Plug & Play |
|---|---|---|---|
| Own RBI CoR | Yes | Yes | Depends on structure |
| Time to market | 4–6 months | Often faster, post-diligence | Often faster |
| Capital requirement | ₹10 crore+ NOF | ₹10 crore+ NOF (existing entity) | Structure-dependent |
| Best for | Full control, building your own brand from zero | Speed, willing to inherit and audit an existing entity | Starting to lend without committing to full ownership yet |
Not sure which route fits your goals?
Why NBFC Applications Get Delayed or Rejected
RBI reviews every application for regulatory soundness, promoter credibility, and financial readiness. These five issues account for most of the delays and rejections we see.
Incomplete or inconsistent documentation
Mismatched figures across financial statements and application forms.
Insufficient Net Owned Fund
Capital that doesn't meet RBI's current threshold for your NBFC category.
Weak or generic business plan
RBI expects a credible, specific plan for your business — not a template.
Director eligibility issues
Missing the financial-sector experience RBI expects on the board.
Poor promoter credit history
Unresolved CIBIL issues for key promoters or shareholders.
If your application is rejected
You can reapply, but a rejection resets your timeline by months and can affect how RBI views a future application from the same promoters. A thorough review before submission — checked against RBI's actual current requirements — is the best way to avoid this entirely.
Operating without registration
RBI treats unlicensed NBFC activity seriously — penalties can include fines and, in some cases, action against directors. Registering properly from the start protects the people running the business, not just the paperwork.
A Recent Client Outcome
Not a rating widget — a named, readable account of how we've done this before.
NBFC Setup
From Idea to RBI-Registered NBFC in Record Time
Challenge
A founding team with a strong consumer-lending product had no in-house regulatory expertise and faced a tight runway to launch before their funding window closed.
Outcome
- Ahead of schedule — License secured
- Zero re-filings — Regulatory queries
- Within weeks of registration — Time to first disbursal
Frequently Asked Questions
Ready to Start Your NBFC Journey?
Talk to our RBI experts and get a clear roadmap for your NBFC registration.
or Call Now: +91 92895 67208