| Entity Type | Microfinance Institution (MFI) registered as NBFC or Non-Profit Organization |
| Minimum Requirements | Capital requirements as per RBI guidelines (typically ₹5 Crores minimum) |
| Required Documents | PAN, Aadhaar, Proof of Address, Business Plan, Financial Statements, KYC documents |
| Regulatory Authority | Reserve Bank of India (RBI) or Registrar of Companies (RoC), based on entity type |
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Service Details
Processing Time
30–90 Working Days (depending on entity type and regulatory approval)
Compliance Requirements
Periodic RBI filings, KYC norms, Anti-Money Laundering (AML) compliance
Inclusions
Name Approval, Documentation Preparation, Filing with RoC/RBI, Obtaining License
