{"id":13379,"date":"2018-08-17T09:24:26","date_gmt":"2018-08-17T09:24:26","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=13379"},"modified":"2026-04-07T17:17:45","modified_gmt":"2026-04-07T11:47:45","slug":"classification-of-nbfcs-in-india","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/","title":{"rendered":"Classification of NBFCs in India"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#What_is_Non-_Banking_Financial_Company\" title=\"What is Non- Banking Financial Company\">What is Non- Banking Financial Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#Types_of_Non-_Banking_Financial_Company\" title=\"Types of Non- Banking Financial Company\">Types of Non- Banking Financial Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#Classification_of_NBFCs\" title=\"Classification of NBFCs\">Classification of NBFCs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#Sub-Classification_of_NBFCs\" title=\"Sub-Classification of NBFCs\u00a0\">Sub-Classification of NBFCs\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#Registration_of_Non-_Banking_Financial_Company\" title=\"Registration of Non- Banking Financial Company:\">Registration of Non- Banking Financial Company:<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Non-_Banking_Financial_Company\"><\/span><strong>What is Non- Banking Financial Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener noreferrer\">Non-Banking financial companies(NBFCs)<\/a> means only those non- banking institutions which are registered\u00a0under the <a href=\"https:\/\/www.legalraasta.com\/companies-act-2013\/\" target=\"_blank\" rel=\"noopener noreferrer\">Companies Act, 2013<\/a> and is working in the section of loans business and advances, acquisition of shares\/bonds\/debentures\/securities\/stock issued by the government\u00a0or non-government authorities. It is of marketable nature, leasing, hire-purchase, insurance business, chit business but doesn&#8217;t\u00a0relate to such institutions that are engaging in the business activity of agriculture, industry or sale\/purchase\/construction of immovable property. This article focuses on the classification of NBFCs in India.<\/p>\n<p>The principal business of <a href=\"https:\/\/www.legalraasta.com\/blog\/non-banking-financial-company\/\" target=\"_blank\" rel=\"noopener noreferrer\">Non- Banking financial company(NBFCs)<\/a> is to receive deposits under any scheme or arrangement or any other way, or lending in any way. Under section 45-1A, it has been written that without obtaining\u00a0a certificate of Registration issued as per the chapter- III B and not having a Net Owned\u00a0Fund of rupees two hundred lakhs (200,00,000), no NBFC is entitled to commence or carry on the business of Non- Banking Financial Institution.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Non-_Banking_Financial_Company\"><\/span><strong>Types of Non- Banking Financial Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Non- Banking financial institutions (NBFCs) are mainly classified under the following categories:<\/p>\n<ol>\n<li><strong>LOAN COMPANY: <\/strong>it\u00a0includes a company which is not an asset finance\u00a0company but a financial institution principally engaged in the business of lending funds (other than its\u00a0own) by loans or advances, or otherwise for any activity.<\/li>\n<li><strong>INVESTMENT COMPANY: <\/strong>it consists of those companies or institutions whose main business is to acquire and manage securities for investment purposes.<\/li>\n<li><strong>ASSET FINANCE COMPANY:<\/strong> asset finance company are the financial institutions carrying on its business\u00a0mainly in the financing of physical assets that correspond to productive\/ economic activity for example- automobile, lathe machines,\u00a0tractors, generator system, earth moving and material handling equipment moving on the power and general purpose industrial\u00a0machines.<\/li>\n<li><strong>INFRASTRUCTURE FINANCE COMPANY<\/strong>: it is the kind of financial institution principally engaged in providing infrastructure loans.<\/li>\n<li><strong>MUTUAL BENEFITS FINANCIAL COMPANY<\/strong>: mutual benefit financial company\u00a0refers to the financial institution which is notified by the central government under the companies act, 2013 whose primary aim is to enable its members to pool their money with a precalculated investment objectives. Its source of fund is share capital, deposits from its members and the general public.<\/li>\n<\/ol>\n<p>The classification of NBFCs is a broad concept that needs to be studied as follows:<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Classification_of_NBFCs\"><\/span><strong>Classification of NBFCs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>When it comes to a\u00a0question of whether the company is a financial\u00a0institution or not, then the RBI (Reserve Bank of India) shall decide such questions in consultation with the Central Government and its decision shall be final and be binding on all the parties concerned.<\/li>\n<li>When it comes to a question of whether a particular financial company is a loan Company or an asset finance company, such question&#8217;s declaration shall be announced by the Reserve Bank of India (RBI) on the basis of principal business of a specific company and other relevant factors also. The decision of RBI shall be final and be binding on all the parties concerned. The classification of NBFCs is further sub-classified by RBI as follows.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Sub-Classification_of_NBFCs\"><\/span><strong>Sub-Classification of NBFCs\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Deposit-taking <a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener noreferrer\">Non- Banking Financial Company<\/a><strong> [NBFC- D]<\/strong><\/li>\n<li>Non- Deposit taking Non- Banking Financial Company<strong>[ NBFC_ND]<\/strong><\/li>\n<li>Systematically important Non- Banking Financial Company should have assets size of Rs. 100 Crores or more <strong>[NBFC-ND-S1]<\/strong><\/li>\n<li>These are Core investment Non-Deposit companies and systematically important who has already redistributed its 90% assets as an investment in shares or debts instruments or loan in group companies and out of 90%,\u00a0 60% should be invested in equity shares or those instruments which can be compulsorily converted into equity shares. It accepts public funds also\u00a0<strong>[CIC-ND-SI]<\/strong><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Registration_of_Non-_Banking_Financial_Company\"><\/span><strong>Registration of Non- Banking Financial Company:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No NBFC is entitled to carry forward its business until it satisfies the various conditions laid down under the chapter 45-1A of the RBI Act, 1934.<\/p>\n<p>There are following steps that need to be followed:<\/p>\n<ol>\n<li><strong>FORMATION OF A COMPANY: <\/strong>the first and foremost step is to register a new company name under the <a href=\"https:\/\/www.legalraasta.com\/pvt-ltd-company-as-per-companies-act-2013\/\" target=\"_blank\" rel=\"noopener noreferrer\">Companies Act, 2013<\/a> reflecting the characters of NBFC which should contain words such as Investment, Finance etc as a part of the name.<\/li>\n<li><strong>MINIMUM NET OWNED FUND: <\/strong>the minimum paid-up capital on equity shares should be 2 crores.<\/li>\n<li><strong>OPENING OF A BANK ACCOUNT: <\/strong>while considering the application for the grant of Certificate of registration, the RBI verifies that the company must have its own separate account free from all liens. Generally, funds are kept in Fixed Deposit Account.<\/li>\n<\/ol>\n<p>For more information regarding <a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener noreferrer\">Incorporation of NBFC<\/a>s, RBI Guidelines you can visit <a href=\"https:\/\/www.legalraasta.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Legal Raasta.<\/a><\/p>\n<p>And you can send your query to us at contact@legalraasta.com or give us a call @ <a href=\"tel:+918750048585\">+918750048585<\/a> .<\/p>\n<blockquote>\n<p>Related Articles:<\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/non-banking-financial-company\/\" target=\"_blank\" rel=\"noopener noreferrer\">NBFCs- An overview<\/a><\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/regulations-for-nbfcs\/\" target=\"_blank\" rel=\"noopener noreferrer\">Regulations governing NBFCs in India<\/a><\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/requirement-of-a-private-limited-company\/\" target=\"_blank\" rel=\"noopener noreferrer\">Requirement of Private limted company<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>What is Non- Banking Financial Company Non-Banking financial companies(NBFCs) means only those non- banking institutions which are registered\u00a0under the Companies Act, 2013 and is working in the section of loans business and advances, acquisition of shares\/bonds\/debentures\/securities\/stock issued by the government\u00a0or non-government authorities. It is of marketable nature, leasing, hire-purchase, insurance business, chit business but doesn&#8217;t\u00a0relate to [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":13381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141],"tags":[151,152,149],"class_list":["post-13379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nbfc","tag-classification-of-nbfc","tag-registration-for-nbfc","tag-types-of-nbfc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Classification of NBFCs in India | Online Learning | Legal Raasta |<\/title>\n<meta name=\"description\" content=\"This article focuses on the Classification of NBFCs in India and the registration procedure for its various types with Reserve Bank of India in RBI Act,1934\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Classification of NBFCs in India | Online Learning | Legal Raasta |\" \/>\n<meta property=\"og:description\" content=\"This article focuses on the Classification of NBFCs in India and the registration procedure for its various types with Reserve Bank of India in RBI Act,1934\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalRaasta Knowledge portal\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-17T09:24:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-07T11:47:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/CLASSIFICATION-OF-NBFCs-e1534595320151.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1596\" \/>\n\t<meta property=\"og:image:height\" content=\"1084\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Author: LegalRaasta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author: LegalRaasta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/\"},\"author\":{\"name\":\"Author: LegalRaasta\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#\\\/schema\\\/person\\\/8fffceba7148ae1120f0bd4bf73b0c62\"},\"headline\":\"Classification of NBFCs in India\",\"datePublished\":\"2018-08-17T09:24:26+00:00\",\"dateModified\":\"2026-04-07T11:47:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/\"},\"wordCount\":788,\"image\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/CLASSIFICATION-OF-NBFCs-e1534595320151.png\",\"keywords\":[\"classification of nbfc\",\"registration for nbfc\",\"types of NBFC\"],\"articleSection\":[\"NBFC\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/\",\"name\":\"Classification of NBFCs in India | Online Learning | Legal Raasta |\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/CLASSIFICATION-OF-NBFCs-e1534595320151.png\",\"datePublished\":\"2018-08-17T09:24:26+00:00\",\"dateModified\":\"2026-04-07T11:47:45+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#\\\/schema\\\/person\\\/8fffceba7148ae1120f0bd4bf73b0c62\"},\"description\":\"This article focuses on the Classification of NBFCs in India and the registration procedure for its various types with Reserve Bank of India in RBI Act,1934\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/CLASSIFICATION-OF-NBFCs-e1534595320151.png\",\"contentUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/CLASSIFICATION-OF-NBFCs-e1534595320151.png\",\"width\":1596,\"height\":1084,\"caption\":\"Classification of NBFCs\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/classification-of-nbfcs-in-india\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBFC\",\"item\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/category\\\/nbfc\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Classification of NBFCs in India\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/\",\"name\":\"LegalRaasta Knowledge portal\",\"description\":\"Information on company registration, FSSAI, IEC, MSME, trademark, ISO and registrations\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#\\\/schema\\\/person\\\/8fffceba7148ae1120f0bd4bf73b0c62\",\"name\":\"Author: LegalRaasta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/author-legalraasta_avatar_1-96x96.png\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/author-legalraasta_avatar_1-96x96.png\",\"contentUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/author-legalraasta_avatar_1-96x96.png\",\"caption\":\"Author: LegalRaasta\"},\"description\":\"LegalRaasta is one of India\u2019s leading platforms for Company Registration (Private Limited, LLP, OPC) and GST compliance. Since 2015, our team of experienced CAs and legal experts has assisted over 100,000 businesses with services like Trademark, FSSAI, BIS, and Startup India registration. We simplify complex government processes to help startups and entrepreneurs grow faster. Trusted across India, LegalRaasta makes legal and financial compliance simple, quick, and affordable.\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/author\\\/adarshseoexecutive\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Classification of NBFCs in India | Online Learning | Legal Raasta |","description":"This article focuses on the Classification of NBFCs in India and the registration procedure for its various types with Reserve Bank of India in RBI Act,1934","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/","og_locale":"en_US","og_type":"article","og_title":"Classification of NBFCs in India | Online Learning | Legal Raasta |","og_description":"This article focuses on the Classification of NBFCs in India and the registration procedure for its various types with Reserve Bank of India in RBI Act,1934","og_url":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/","og_site_name":"LegalRaasta Knowledge portal","article_published_time":"2018-08-17T09:24:26+00:00","article_modified_time":"2026-04-07T11:47:45+00:00","og_image":[{"width":1596,"height":1084,"url":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/CLASSIFICATION-OF-NBFCs-e1534595320151.png","type":"image\/png"}],"author":"Author: LegalRaasta","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author: LegalRaasta","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#article","isPartOf":{"@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/"},"author":{"name":"Author: LegalRaasta","@id":"https:\/\/www.legalraasta.com\/blog\/#\/schema\/person\/8fffceba7148ae1120f0bd4bf73b0c62"},"headline":"Classification of NBFCs in India","datePublished":"2018-08-17T09:24:26+00:00","dateModified":"2026-04-07T11:47:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/"},"wordCount":788,"image":{"@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/CLASSIFICATION-OF-NBFCs-e1534595320151.png","keywords":["classification of nbfc","registration for nbfc","types of NBFC"],"articleSection":["NBFC"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/","url":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/","name":"Classification of NBFCs in India | Online Learning | Legal Raasta |","isPartOf":{"@id":"https:\/\/www.legalraasta.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#primaryimage"},"image":{"@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/CLASSIFICATION-OF-NBFCs-e1534595320151.png","datePublished":"2018-08-17T09:24:26+00:00","dateModified":"2026-04-07T11:47:45+00:00","author":{"@id":"https:\/\/www.legalraasta.com\/blog\/#\/schema\/person\/8fffceba7148ae1120f0bd4bf73b0c62"},"description":"This article focuses on the Classification of NBFCs in India and the registration procedure for its various types with Reserve Bank of India in RBI Act,1934","breadcrumb":{"@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#primaryimage","url":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/CLASSIFICATION-OF-NBFCs-e1534595320151.png","contentUrl":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/CLASSIFICATION-OF-NBFCs-e1534595320151.png","width":1596,"height":1084,"caption":"Classification of NBFCs"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.legalraasta.com\/blog\/"},{"@type":"ListItem","position":2,"name":"NBFC","item":"https:\/\/www.legalraasta.com\/blog\/category\/nbfc\/"},{"@type":"ListItem","position":3,"name":"Classification of NBFCs in India"}]},{"@type":"WebSite","@id":"https:\/\/www.legalraasta.com\/blog\/#website","url":"https:\/\/www.legalraasta.com\/blog\/","name":"LegalRaasta Knowledge portal","description":"Information on company registration, FSSAI, IEC, MSME, trademark, ISO and registrations","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legalraasta.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.legalraasta.com\/blog\/#\/schema\/person\/8fffceba7148ae1120f0bd4bf73b0c62","name":"Author: LegalRaasta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2026\/03\/author-legalraasta_avatar_1-96x96.png","url":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2026\/03\/author-legalraasta_avatar_1-96x96.png","contentUrl":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2026\/03\/author-legalraasta_avatar_1-96x96.png","caption":"Author: LegalRaasta"},"description":"LegalRaasta is one of India\u2019s leading platforms for Company Registration (Private Limited, LLP, OPC) and GST compliance. Since 2015, our team of experienced CAs and legal experts has assisted over 100,000 businesses with services like Trademark, FSSAI, BIS, and Startup India registration. We simplify complex government processes to help startups and entrepreneurs grow faster. Trusted across India, LegalRaasta makes legal and financial compliance simple, quick, and affordable.","url":"https:\/\/www.legalraasta.com\/blog\/author\/adarshseoexecutive\/"}]}},"_links":{"self":[{"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/posts\/13379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/comments?post=13379"}],"version-history":[{"count":15,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/posts\/13379\/revisions"}],"predecessor-version":[{"id":34428,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/posts\/13379\/revisions\/34428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/media\/13381"}],"wp:attachment":[{"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/media?parent=13379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/categories?post=13379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/tags?post=13379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}