Step 1: Register a corporation under the Companies Act of 2013 or the Companies Act of 1956.
Step 2: The company's net-owned funds must be at least Rs. 2 crore.
Step 3: The company should have at least one director with the same background.
Step 4: In order to register as an NBFC, you must have a good CIBIL score.
Step 5: Finally, go to the RBI's official website and complete the application form.
Step 6: Along with the application form, submit all relevant papers.
Step 7: A CARN number will be generated after you submit the application form.
Step 8: Submit the application in hard copy to the RBI regional branch.
Step 9: The license will be provided to the company when the application has been evaluated and verified.
To Get Help in NBFC Registration, You can consult with Team corpseed.
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