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Formation of NBFC

What is NBFC:

A non-banking financial company (NBFC) is a company registered under the Companies Act, 1956 and is engaged in the business of loans and advances, acquisition of shares/stock/bonds/debentures/securities issued by government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business, chit business.

Benefits of NBFC:

NBFC can provide loan and credit facility to any person and take property on mortgage from borrower as security
NBFC can recover money through sale of property mortgage of borrower on default of borrower in repayment of loan
NBFC can also finance for Hire-purchase, lease

Our deliverables:

Set up of NBFC

We provide service of setting up of NBFC. We have team of competent professional expertise in providing assistance for setting up of NBFC and offer various related services to our clients who do not have to make any extra efforts for the formation of NBFC. We provide full services in regard to setting up of NBFC and other requirements needed for it.

Compliances related to NBFC after set up of NBFC

We also provide service for compliances related to NBFC after set up of NBFC. After setting up of NBFC, NBFC needs do compliances as per act of Reserve bank of India and also need to reply to Reserve bank of India on their regular notices. We have team of competent professional expertise in providing assistance for such matter.

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