Thursday 27 March 2014

NBFC REGISTRATION IN INDIA

Brisk, flawless, and economical NBFC registration in India, is a greatly significant auxiliary service of our globally popular law firm of India. We are offering the full breadth of information and services about the NBFC registration, in places all across the whole country.
The NBFCs help investors, companies, and borrowers in their dealings and transactions in relation with loans and advances, leasing and hire-purchasing, insurance related matters, investment funds, instruments of the capital and money markets, etc. The activities and roles of these non-banking financial companies (NBFCs) are distinct from those of the banks and financial institutions.
These NBFCs actually help people and companies as accredited and reliable mediator between them and the banking and financial institutions in the country. Today, the following three main divisions of non-banking financial companies are present in India:
1.    Asset Finance Companies (AFCs)
2.    Loan Companies (LCs), and
3.    Investment Companies (ICs)



Call @ 011-2334333 for NBFC Registration Services and other Company Law details, you can also Drop mail at info@caindelhiindia.com

 NBFC Registration Steps and Procedure


•    In India, NBFCs are registered as per the rules, provisions, and regulations given in the section 45-IA of the Reserve Bank of India Act, 1934. Any of the above-listed categories of NBFCs, can swiftly be setup in any city of India, with our well-rounded and expert support. All included steps and procedure for non banking financial company registration are described below.
•    Any full-fledged company which has been properly registered under the Indian Companies Act of 1956, and is currently engaged in the activities pertaining to any of the above-mentioned areas or fields, can obtain the NBFC registration certificate from RBI, provided the applicant company fulfills the essential eligibilities. For this purpose, the most significant need is the availability of the minimum recommended capital, which now set at the level of INR-2Crore, since April 1999. The application for NBFC registration is to be made in the specified format, and is to be sent to the RBI, together will all relevant documents and enclosures.
•    Our professionally refined and expert lawyers help companies comprehensively from the starting to the end of the NBFC registration process. Here, it may be noted that, in case the overall financial transactions (with clients) by any such company in any year is more than 50% of its own asset capital, then, NBFC registration is compulsory.

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