Article · 10 min read

NBFC registration in India 2026: the Rs 10 crore truth

CalcGuru · calcguru.in Free Advanced India

A July 2026 guide to becoming an NBFC: Rs 10 crore of net owned funds for a new lender, no RBI fee, PRAVAAH filing, a realistic four to twelve months with genuine rejection risk, and the post-registration duties (all four credit bureaus, FIU-IND, fair practices code, digital lending rules).

  • RBI charges no fee, but traceable capital and credible promoters decide approval.
  • You cannot start lending before the Certificate of Registration arrives.
  • Digital lending partners face a 5% cap on default loss guarantees.
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The question it answers

  1. How do I start an NBFC or a lending company in India?

Read with it

  1. The RBI's own FAQ on NBFCs, updated September 2026: no company may carry on NBFC business without a Certificate of Registration... rbi.org.in Article · FAQ (updated 15 September 2026) RBI FAQs on Non-Banking Financial Companies Reserve Bank of India
  2. The RBI's online portal for licence and registration applications, including an NBFC's Certificate of Registration. pravaah.rbi.org.in Tool · Official portal PRAVAAH: RBI's portal for applications and approvals Reserve Bank of India
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