Cardiff Services

NBFC Company Registration

NBFC Company Registration – Overview

A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013 and licensed by the Reserve Bank of India (RBI) to provide financial services such as loans, credit facilities, investment in shares, debentures, leasing, hire-purchase, and microfinance. Unlike banks, NBFCs cannot accept demand deposits, but they play a vital role in providing credit access to individuals, SMEs, and businesses across India.

 

To operate legally, an NBFC must obtain RBI registration under Section 45-IA of the RBI Act, 1934. The registration process involves compliance with capital adequacy norms, management fit-and-proper criteria, and submission of detailed financial and business documents.

 

At Cardiff Services, we provide end-to-end NBFC Registration Services in India, ensuring smooth incorporation, RBI licensing, compliance advisory, and post-registration support.

Why Choose Cardiff Services for NBFC Registration

At Cardiff Services, we simplify the complex and compliance-heavy NBFC registration process. Our team of company secretaries, chartered accountants, and compliance experts ensures that your application meets RBI’s stringent requirements, avoiding delays or rejections.

 

We provide not only registration assistance but also strategic guidance on business structuring, financial planning, and RBI compliance to help your NBFC succeed long term. With Cardiff Services, your NBFC registration journey becomes smooth, transparent, and regulator-ready.

Key Features of NBFC Registration Support

  • Entity Structuring: Incorporation of company under the Companies Act.

  • RBI Licensing: Application for NBFC license under Section 45-IA.

  • Capital Requirement Compliance: Guidance on meeting minimum Net Owned Fund (NOF) requirements (₹10 Cr+ for most categories).

  • Business Plan Preparation: Drafting detailed NBFC project report and financial projections.

  • Regulatory Advisory: Support in selecting NBFC type (loan company, investment company, microfinance NBFC, housing finance company, etc.).

  • Post-Registration Compliance: Advisory on statutory returns, prudential norms, and RBI inspections.

Documents Required for NBFC Registration

  • Certificate of Incorporation of the company.

  • MOA & AOA with financial activity as main object.

  • Net Owned Fund (NOF) certificate from a statutory auditor.

  • Board resolution for NBFC business.

  • Detailed business plan and financial projections.

  • Directors’ KYC (PAN, Aadhaar, Passport, DIN, photographs).

  • CIBIL reports and declarations of directors.

  • Bank account statement showing minimum NOF.

  • Statutory auditor’s report confirming compliance.

  • Past financial statements and compliance filings (if applicable).

Step-by-Step Procedure for NBFC Company Registration

  1. Company Incorporation – Register a company under the Companies Act with financial services as the main object.

  2. Capital Infusion – Ensure Net Owned Fund (NOF) of ₹10 Cr or higher (as per RBI norms).

  3. Document Preparation – Prepare business plan, board resolutions, KYC, and financial records.

  4. Application Filing – Submit online application on RBI COSMOS portal with required documents.

  5. Physical Submission – Send a hard copy of application and documents to the RBI regional office.

  6. RBI Review & Clarifications – Respond to RBI queries, if any, during scrutiny.

  7. License Issuance – Receive NBFC Certificate of Registration (CoR) from RBI.

  8. Post-Registration Compliance – File periodic returns, maintain capital adequacy, and follow RBI prudential norms.

Frequently Asked Questions

A company name search ensures that your chosen business name is unique, legally compliant, and not already registered with Companies House UK. It helps you avoid legal disputes, trademark issues, and confusion in the Cardiff business market.

If your desired name is already registered, you’ll need to choose a different name or modify it. Using a taken name could result in rejection by Companies House or potential legal issues. Our experts can help you brainstorm alternative names that are compliant and market-ready.

It’s not advisable to use a name that’s too similar to another company, especially within the same industry. Similar names can confuse customers and risk trademark disputes. A company name search helps you identify these risks early.

For a company name search in Cardiff, you may need:

  • Proposed company name

  • Business entity type (Ltd, LLP, Partnership, etc.)

  • Jurisdiction (Cardiff / UK)

  • Owner or shareholder details (if applicable)

  • Business description

A “high probability” result means your proposed company name is likely to be available, but further checks are recommended. This is why our detailed Cardiff Company Name Search Report includes both identical and similar names for clarity.

Certain words are restricted under UK law (e.g., “bank,” “insurance,” “government”). If you want to use them, you’ll need special approval from regulatory bodies. We guide you through this process if your Cardiff business requires such terms