Best NBFC Registration Service In India With ASC Group
Non-Banking Financial Companies (NBFCs) are crucial players in India's financial ecosystem, offering financial services such as lending, leasing, and investment without holding a banking license. Setting up an NBFC requires adherence to strict regulations and obtaining approval from the Reserve Bank of India (RBI).
If you’re planning to establish an NBFC in India, ASC Group offers the best registration services, ensuring a smooth and hassle-free experience. With over 25 years of experience, ASC Group is your trusted partner for NBFC registration. Contact us at 9999043311 for expert assistance, available 24/7.
What is an NBFC?
A Non-Banking Financial Company (NBFC) is a financial institution that performs banking-like functions, such as lending and investment, but cannot accept demand deposits like savings accounts. NBFCs cater to segments often underserved by traditional banks, including small businesses, individuals, and rural areas.
NBFCs play a vital role in driving financial inclusion and fostering economic growth. With ASC Group’s expertise, you can establish a compliant NBFC and contribute to the financial empowerment of communities across India.
Key Features of an NBFC
- Lending and Investment: Engages in activities like providing loans, asset financing, and investments in securities.
- Exclusion from Demand Deposits: Unlike banks, NBFCs cannot accept demand deposits from the public.
- Regulation by RBI: Operations are governed by RBI guidelines, ensuring transparency and financial stability.
- Wide Scope: Includes microfinance institutions, housing finance companies, and leasing entities.
For More Information About NBFC Registration
ASC Group’s expert team ensures your NBFC complies with all regulatory requirements, offering end-to-end guidance for the registration process.
Benefits of NBFC Registration
- Legal Recognition: Registering as an NBFC ensures your business operates within the framework of RBI regulations.
- Access to Funding: Registered NBFCs can attract investments and secure loans to scale operations.
- Market Credibility: A registered NBFC gains trust from clients, investors, and partners.
- Diverse Opportunities: NBFCs can explore various financial services, such as loans, leasing, and wealth management.
ASC Group helps businesses unlock these advantages by providing the best registration service for NBFCs in India.
Steps for NBFC Registration
- Company Incorporation: Start by registering your company under the Companies Act, 2013.
- Capital Requirement: Ensure a minimum paid-up capital of ₹2 crore (₹5 crore for NBFC-MFIs).
- Draft Policies: Prepare business plans, policies, and a robust framework for operations.
- Submit Application: File the application online on the RBI’s COSMOS portal with required documents.
- Approval by RBI: After verification, the RBI issues the Certificate of Registration (CoR), allowing your NBFC to commence operations.
The registration process is complex and requires meticulous attention to detail. ASC Group simplifies this journey with its extensive expertise and personalized support.
Why Choose ASC Group for NBFC Registration?
- 25+ Years of Experience: Trusted by businesses for decades, ASC Group specializes in financial and regulatory services.
- Expert Guidance: Comprehensive assistance in meeting RBI requirements and documentation.
- 24/7 Support: Contact us at 9999043311 for round-the-clock help.
- Tailored Solutions: Customized services to meet the unique needs of your NBFC.
Start Your NBFC Journey Today
Launching an Non-Banking Financial Company NBFC is a rewarding opportunity, but it demands a thorough understanding of legal and financial frameworks. ASC Group’s expert consultants are here to guide you every step of the way, from documentation to obtaining the Certificate of Registration.
Contact us at 9999043311 for the best registration service for NBFCs in India. Our support is available 24/7! Let ASC Group help you establish a successful NBFC and contribute to India's financial growth.
