NBFC (Non-Banking Financial Company) Registration in India
Enterslice provides fast registration of NBFC in India we also provide 100% online process of registration.NBFC is a fast and important segment of Indian economy and popular due to attractive interest rates on deposits.register your NBFC Registration in India with enterslice we are here help you to manage your business.
What is Deposits Taking NBFC?
Only the NBFCs which have been issued a license to accept a deposit in its certificate of Registration from RBI are allowed to accept public deposits. To ensure, NBFCs don't misuse the License issued by Government, there have been certain limits imposed and conditions specified, for accepting deposits by the NBFCs, which varies depending upon various factors.
- The limits for deposits vary on the basis of following factors
- Whether it is an Asset finance Company or Loan/Investment Company.
- Based upon the Net Owned Funds of the Company.
- Based on the prudential norms as prescribed by the RBI.
- Credit Rating.
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