75-78, Level 4, A-Wing, KK Market, Dhankawadi, Pune-411043.
NBFCs - Non Banking Financial Services i.e. Formation,
Transfer, buy and NBFC for Sale:
A Non-Banking Financial Company (NBFC) provides banking and other lending services
without meeting the legal definition of a bank. It is Incorporated under Companies Act, 2013 or
Companies Act, 1956 (Old). Every NBFC has to obtain Commencement of business certificate
from RBI as defined under Section 45 I(a) of the RBI Act, Read NBFC Regulations. NBFC shall not commence
or carry on the business of Non- Banking Financial Institution without obtaining a Certificate of
Registration issued by the Reserve Bank of India. NBFC registration or NBFC License can be
obtained in 90-120 days.
The principal business of NBFC is providing loans and advances, acquisition of shares,
debentures and other stocks issued by Government or other local authorities, insurance business,
leasing, hire-purchase, etc. Moreover, any other non-banking institution, incorporated as a
company under the Companies Act and having the principal business of receiving deposits under
any scheme or arrangement in one lump sum or installment, is also a non-banking financial
In general, NBFC is filling up the gap of financial needs for the organized and unorganized
section of the population. In the recent times, banks have targeted big commercial houses and
individuals with excellent credit rating as their prime customers; This provided NBFCs with an
opportunity to enlarge its presence in the financial market.
What are the Types of NBFC in India?
By nature of the activity, they undertake, NBFCs can be categorized into the following:
Asset Finance Company.
Infrastructure Finance Company.
Core Investment Company.
Micro Finance Company.
Mortgage Guarantee Company.
Housing Finance Company.
By deposits they hold, NBFCs can be further classified into two categories:
Deposit accepting NBFCs.
Non-Deposit accepting NBFCs.
NBFCs can be further classified into following two categories - by size or minimum capital
requirement for NBFC:
Systematically Important NBFCs.
Non Deposit Holding NBFCs.
How Interlink Capital Provides Non Banking Financial Services:
Interlink advisor provides specialized services in formation of non banking financial company in
pune and other major cities of India. Interlink advisors also help in buy or sell or management
Our tech-enabled legal and financial solutions for NBFC in association with large number of
investment bankers are available.
NBFC Registration Procedure:
Any entity desirous of commencing the business of and being registered as NBFCs shall
apply to RBI for the license (CoR) and must also fulfill the following two norms: