Start your microfinance company registration online at just INR 19,999/- only.
Ebizfiling assists you in registering and obtaining RBI approval for microfinance business in India.
Fast | Reliable | Expert-Assisted
A Microfinance Company provides small loans and financial assistance to low-income individuals or groups who lack access to traditional banking. These institutions help promote financial inclusion and rural development by offering credit, savings, and insurance services to underserved communities.
In India, a microfinance company must be registered as a Non-Banking Financial Company (NBFC-MFI) under the Reserve Bank of India (RBI) guidelines. To qualify, it must have a minimum net owned fund of ₹5 crore (₹2 crore for Northeastern states) and must meet specific RBI criteria regarding loan limits and borrower eligibility.
Ebizfiling helps entrepreneurs form and register their microfinance companies legally, ensuring that every step from company incorporation to RBI approval is handled smoothly and efficiently.
Must be registered as a Private or Public Limited Company under the Companies Act, 2013.
Minimum net owned fund of ₹5 crore (₹2 crore for NE region).
85% of total loans must be disbursed to borrowers with income below prescribed limits.
At least 70% of total assets should be in the form of qualifying assets as per RBI norms.
Must comply with all RBI-issued directions for NBFC-MFIs.
Ebizfiling offers complete support for registering a microfinance company in India. Our experts handle incorporation, documentation, RBI coordination, and post-registration compliance. With years of experience in NBFC registrations, we simplify complex RBI procedures and ensure your company remains compliant with all financial norms. Entrepreneurs trust us for our transparent pricing, prompt execution, and strong understanding of regulatory requirements. Our top notch services are Pvt Ltd Company Registration , LLP Registration, and Partnership Registration. You may get in touch with our compliance manager on 09643203209 or email info@ebizfiling.com for free consultation.
ESSENTIAL₹ 19999/-(All Inclusive)
ENHANCED₹ 25999/-(All Inclusive)
ULTIMATE₹ 31999/-(All Inclusive)
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Ensures sustainable growth with proper compliance, financial discipline, and RBI-regulated business practices.
Contributes to India’s inclusive economic development by promoting micro-entrepreneurship and rural progress.
Expands financial access to remote and rural areas, helping bridge the gap between formal banking and local needs.
Uplifts underprivileged communities, empowering women and small businesses through accessible credit options.
Eligible to receive grants, refinancing options, and priority-sector benefits under various financial programs.
Generates consistent income through small-scale lending while maintaining manageable operational costs.
Operates under RBI supervision, ensuring transparency, reliability, and credibility for lenders and borrowers alike.
Offers loans to low-income groups, promoting self-employment and improving access to financial services in rural areas.
Certificate of Incorporation of the Company
Memorandum of Association (MOA) and Articles of Association (AOA)
PAN and Aadhaar of all Directors
Net Worth Certificate from a Chartered Accountant
Board Resolution approving RBI application
Detailed Business Plan and Financial Projection
Bank statement showing minimum net owned fund
Registered Office Address Proof
5 Easy Steps
Company Incorporation
Capital Infusion
RBI Application Preparation
Submit to RBI
Step RBI Approval & Certificate
Company Formation: We help you choose the right structure and register your company under the Companies Act, 2013.
Document Preparation: Our experts collect, verify, and organize all documents required for RBI and MCA compliance.
RBI Application Filing: We prepare and submit your complete RBI registration application through the COSMOS portal.
Business Planning: Our team assists in drafting a strong business plan and financial projection for RBI approval.
Liaison with the RBI: We coordinate with RBI officials and respond to any queries until the registration is approved.
Compliance Setup: We set up your company’s compliance system to ensure ongoing adherence to RBI and NBFC guidelines.
Post-Registration Support: We handle your annual filings, audits, and reporting requirements after registration.
Expert Advisory: Our consultants provide continuous guidance to ensure smooth operations and long-term legal compliance.
A microfinance company provides small financial services like loans and savings to people without access to formal banking.
Yes, RBI registration is mandatory to operate as a Non-Banking Financial Company – Microfinance Institution (NBFC-MFI).
A minimum net owned fund of ₹5 crore (₹2 crore for Northeastern states) is required as per RBI guidelines.
Yes, a private limited company can apply for NBFC-MFI status after fulfilling all RBI conditions.
RBI regulates, approves, and monitors microfinance companies to ensure safe and responsible lending practices.
No, microfinance companies are not allowed to accept public deposits from individuals or businesses.
They can provide micro-loans for income generation, education, small business, and self-employment.
The process generally takes around 90 to 120 days, depending on RBI verification and document accuracy.
Yes, maintaining a Capital to Risk-Weighted Asset Ratio (CRAR) of 15% is mandatory for NBFC-MFIs.
Yes, annual statutory audits and RBI-mandated compliance audits are compulsory.
Yes, but foreign direct investment must comply with FEMA and RBI regulations.
All MFIs are NBFCs, but not all NBFCs qualify as MFIs. MFIs specifically serve low-income borrowers.
Yes, NGOs can form a separate NBFC-MFI entity and apply for registration under RBI norms.
Qualifying assets include small loans to low-income borrowers that meet RBI’s micro-lending guidelines.
RBI caps the interest rate for MFIs to ensure affordability for borrowers.
Yes, once registered with the RBI, a microfinance company can lend across India.
Yes, detailed KYC and borrower data records are mandatory under RBI compliance.
Yes, if their annual turnover exceeds the GST threshold limit.
Yes, we manage your annual filings, RBI reporting, and audit compliance professionally.
We provide end-to-end assistance, from company formation to RBI approval, making the process smooth and compliant.
Start your microfinance company registration online at just INR 19,999/- only.
Ebizfiling assists you in registering and obtaining RBI approval for microfinance business in India.
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