NBFC Registration Contact us ( 9999008018) for more help - Noida

It is a Company registered under the Companies Act affianced in the business(es) of only if financial services including loans & advances, leasing, hire purchase etc. They provide loans and advances and other credit facilities to business persons or budding tycoon where Bank/Financial Institution are not comfortable, or say it is an alternative source of economics to businessman. Thus, they have widened the spectrum and array of products and services offered by the financial sector. Progressively, NBFC’s are ahead increasing recognition due to their customer-oriented facilities; flexible products, abridged procedures; flexibility and timeliness in conference the credit needs of the seekers of credit; etc.

NBFCs are delimited by the Reserve Bank of India (RBI) within the framework of the Chapter IIIB of the Reserve Bank of India Act, 1934 and any rules ended thereunder or any directions issued by it under the Act. It is prima facie that the NBFC can be Companies registered under the Companies Act, 1956/2013 with the object clause of financial motion and the same need to take support from Regulator Reserve Bank of India RBI) before start the business of finance. Upon approval of RBI, Company can start the financial business and the entity would maintain the Principal Business Criteria (PBC) regularly.

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