Registering a Non-Banking Financial Company (NBFC) in India requires meticulous preparation and submission of specific documents as mandated by the Reserve Bank of India (RBI). The process begins with furnishing the company’s Certificate of Incorporation along with the Memorandum and Articles of Association (MOA & AOA), establishing the legal foundation of the business. A board resolution approving the application for https://enterslice.com/nbfc-registration must also be submitted. Proof of the minimum Net Owned Fund (NOF) of ₹2 crore (or ₹10 crore for certain categories) is crucial, which includes a bank statement showing capital infusion and a certificate from a chartered accountant confirming the net worth.

KYC documents for all directors and shareholders are mandatory, including PAN cards, Aadhaar or passport copies, recent utility bills or bank statements as address proof, and passport-size photographs. Detailed resumes and educational qualifications of directors are also required. In addition, a comprehensive business plan with 3–5 year financial projections must be provided to demonstrate the viability of the proposed NBFC operations. The RBI also mandates submission of credit reports for all directors, declarations under Section 45-IA of the RBI Act, and details of any group structure if applicable. Proper submission of these documents required for NBFC registration is essential for timely approval and regulatory compliance.