{"id":13862,"date":"2018-08-27T06:45:30","date_gmt":"2018-08-27T06:45:30","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=13862"},"modified":"2026-04-08T11:11:07","modified_gmt":"2026-04-08T05:41:07","slug":"nbfc-mfi-registration-and-requirements","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/","title":{"rendered":"NBFC Micro Finance Institution Requirements &#038; Registration"},"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-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#What_is_NBFC_Micro_Finance_Institution\" title=\"What is NBFC Micro Finance Institution\">What is NBFC Micro Finance Institution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#What_is_%E2%80%98Qualifying_asset\" title=\"What is &#8216;Qualifying asset&#8217;\">What is &#8216;Qualifying asset&#8217;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#Documents_required_for_NBFC-MFI_registration\" title=\"Documents required for NBFC-MFI registration\">Documents required for NBFC-MFI registration<\/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\/nbfc-mfi-registration-and-requirements\/#Procedure_for_NBFC-MFI_registration\" title=\"Procedure for NBFC-MFI registration\">Procedure for NBFC-MFI registration<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"What_is_NBFC_Micro_Finance_Institution\"><\/span>What is NBFC Micro Finance Institution<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>NBFC Microfinance\u00a0institution (NBFC-MFI) is the financial institution in which a minimum net\u00a0owned fund is Rs. 5 crores. But in the North Eastern region of the country, it is only Rs. 2 crore. &#8216;<strong>Qualifying assets&#8217;<\/strong> are not less than 85% of its net assets.\u00a0 The income of the NBFC-MFI extracts from the remaining 15 percent of assets shall be in accordance with the regulations specified in that behalf. NBFC which is not in the category of NBFC-MFI shall not allow extending loans to a microfinance sector that in aggregate exceed 10% of its total assets. The term net assets mean total assets other than cash and bank balances and money market instruments. In this article, we will let you know about the <a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener\">NBFC-MFI registration<\/a>. How it could be done and what are the requirements\u00a0of NBFC-MFI.<\/p>\n<p>For more details regarding <a href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/\" target=\"_blank\" rel=\"noopener\">NBFC Classification<\/a>, <a href=\"https:\/\/www.legalraasta.com\/blog\/annual-compliance-nbfcs-india\/\" target=\"_blank\" rel=\"noopener\">compliances of NBFC<\/a> you can follow our <a href=\"https:\/\/www.legalraasta.com\/blog\/?p=13862&amp;preview=true\" target=\"_blank\" rel=\"noopener\">blog<\/a>.<\/p>\n<h1><span class=\"ez-toc-section\" id=\"What_is_%E2%80%98Qualifying_asset\"><\/span>What is &#8216;Qualifying asset&#8217;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>Qualifying assets are defined as the loan disbursed by an NBFC-MFI\u00a0 to a borrower with a rural household annual income not more than Rs. 1 lakh\/ urban and semi-urban household income not more than Rs. 1 lakh 60 thousand. Besides, the amount of loan should not exceed Rs. 60000 in the first cycle and Rs. 1,00,000 in subsequent cycles. The total debts of the borrower shall not exceed Rs. 100000. Moreover, if any loan towards meeting education and medical expenses shall be not be included while arriving at the total debt of the borrower. The tenure of the loan must not less than 24 months for the amount in excess of Rs. 30000 with the prepayment without penalty. For income generation, the aggregate amount of loans must not lower than 50% of the total loans given by the MFIs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Documents_required_for_NBFC-MFI_registration\"><\/span><strong>Documents required for NBFC-MFI registration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Following are the documents which are required at the time of registration:<\/p>\n<ol>\n<li>Copy of PAN CARD<\/li>\n<li>Copy of Identity Proof that includes Voter ID\/DL<strong>\/<\/strong>Passport<strong>\/<\/strong>Aadhar card<\/li>\n<li>Copy of Address Proof means Bank Statement\/Electricity Bill\/Mobile Bill\/Telephone Bill<\/li>\n<li>Recent PHOTO<\/li>\n<li>Registered Office premises Rent Agreement or \u00a0Ownership Documents.<\/li>\n<li>Electricity Bill which should not older\u00a0than two months<\/li>\n<li>NOC from owner<\/li>\n<li>Other documents will be prepared by your corporate consultant<\/li>\n<\/ol>\n<p>In the case of a <a href=\"https:\/\/www.legalraasta.com\/documents-required-for-incorporation-of-public-limited-company\/\" target=\"_blank\" rel=\"noopener\">public limited company<\/a>, there must be at least 7 members for the <a href=\"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/\" target=\"_blank\" rel=\"noopener\">incorporation<\/a>. While in case of <a href=\"https:\/\/www.legalraasta.com\/private-limited-company-registration\/\" target=\"_blank\" rel=\"noopener\">private limited company<\/a> there must be at least 2 members to start with.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Procedure_for_NBFC-MFI_registration\"><\/span><strong>Procedure for NBFC-MFI registration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There are steps that have to be followed while <a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener\">registering NBFC-MFI<\/a>:<\/p>\n<ul>\n<li><strong>Company register<\/strong>: Company registered under this category must be a public limited company or a <a href=\"https:\/\/www.legalraasta.com\/blog\/start-private-limited-company\/\" target=\"_blank\" rel=\"noopener\">private limited company<\/a>. You can register a private limited company with having 1 lakh rupees only including two members.<\/li>\n<li><strong>Capital raise<\/strong>: as prescribed by RBI, you must have minimum 5 crore rupees as a net owned fund for NBFC-MFI registration. you can raise authorized\u00a0capital and paid-up capital to 5 or 2 crores according to the requirement.<\/li>\n<li><strong>FD (Fixed deposit)<\/strong>: you can deposit the amount of Rs. 5 or 2 crores in a bank as FD and can obtain a certificate of no line from the bank.<\/li>\n<li><strong>Apply RBI for License<\/strong>: you can fill by online application for the registration of NBFC with the documents required. The hard copy of the application form must be submitted to the regional office of Reserve bank of India along with the documents.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>For further more information about <a href=\"https:\/\/www.legalraasta.com\/blog\/non-banking-financial-company\/\">Non-Banking<\/a><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Non Banking Financial Company&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:[null,0],&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\"> Financial Company,<\/span> <a href=\"https:\/\/www.legalraasta.com\/blog\/regulations-for-nbfcs\/\" target=\"_blank\" rel=\"noopener\">regulations for NBFC<\/a>, <a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener\">NBFC registration,<\/a> you can directly visit our website: <a href=\"https:\/\/www.legalraasta.com\/\" target=\"_blank\" rel=\"noopener\">Legal Raasta<\/a><\/p>\n<p>Ring us on 8750048585 and send your query at Email: conatct@legalraasta.com<\/p>\n<blockquote>\n<p>Related Articles:<\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/due-diligence-nbfc\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Procedure for Due Diligence of NBFC&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:8403901,&quot;3&quot;:[null,0],&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;10&quot;:2,&quot;11&quot;:0,&quot;12&quot;:0,&quot;14&quot;:[null,2,0],&quot;15&quot;:&quot;Calibri, sans-serif&quot;,&quot;16&quot;:11,&quot;26&quot;:400}\">Procedure for Due Diligence of NBFC<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/buying-and-selling-of-nbfcs-in-india\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Buying and selling of NBFCs in India&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:[null,0],&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\">Buying and selling of NBFCs in India<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/ombudsman-scheme\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Ombudsman Scheme - NBFCs&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:[null,0],&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\">Ombudsman Scheme &#8211; NBFCs<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/blockquote>\n<div class=\"google-auto-placed ap_container\">\u00a0<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is NBFC Micro Finance Institution NBFC Microfinance\u00a0institution (NBFC-MFI) is the financial institution in which a minimum net\u00a0owned fund is Rs. 5 crores. But in the North Eastern region of the country, it is only Rs. 2 crore. &#8216;Qualifying assets&#8217; are not less than 85% of its net assets.\u00a0 The income of the NBFC-MFI extracts from [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":13864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141],"tags":[276,174,273,274,275,277],"class_list":["post-13862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nbfc","tag-documents-for-nbfc-mfi","tag-nbfc","tag-nbfc-mfi","tag-nbfc-mfi-registration","tag-nbfc-mfi-registration-and-requirements","tag-requirement-for-nbfc-mfi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NBFC-MFI registration and requirements | Online Learning<\/title>\n<meta name=\"description\" content=\"In this article, we will let you know about the NBFC-MFI registration. How it could be done and what are the requirements\u00a0of NBFC-MFI.\" \/>\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\/nbfc-mfi-registration-and-requirements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBFC-MFI registration and requirements | Online Learning\" \/>\n<meta property=\"og:description\" content=\"In this article, we will let you know about the NBFC-MFI registration. How it could be done and what are the requirements\u00a0of NBFC-MFI.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalRaasta Knowledge portal\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-27T06:45:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-08T05:41:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design-33-e1535346766412.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1588\" \/>\n\t<meta property=\"og:image:height\" content=\"812\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/\"},\"author\":{\"name\":\"Author: LegalRaasta\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#\\\/schema\\\/person\\\/8fffceba7148ae1120f0bd4bf73b0c62\"},\"headline\":\"NBFC Micro Finance Institution Requirements &#038; Registration\",\"datePublished\":\"2018-08-27T06:45:30+00:00\",\"dateModified\":\"2026-04-08T05:41:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/\"},\"wordCount\":611,\"image\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Untitled-design-33-e1535346766412.png\",\"keywords\":[\"documents for NBFC-MFI\",\"nbfc\",\"NBFC-MFI\",\"NBFC-MFI registration\",\"NBFC-MFI registration and requirements\",\"requirement for NBFC-MFI\"],\"articleSection\":[\"NBFC\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/\",\"name\":\"NBFC-MFI registration and requirements | Online Learning\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Untitled-design-33-e1535346766412.png\",\"datePublished\":\"2018-08-27T06:45:30+00:00\",\"dateModified\":\"2026-04-08T05:41:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/#\\\/schema\\\/person\\\/8fffceba7148ae1120f0bd4bf73b0c62\"},\"description\":\"In this article, we will let you know about the NBFC-MFI registration. How it could be done and what are the requirements\u00a0of NBFC-MFI.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Untitled-design-33-e1535346766412.png\",\"contentUrl\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Untitled-design-33-e1535346766412.png\",\"width\":1588,\"height\":812,\"caption\":\"NBFC-MFI Directions\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalraasta.com\\\/blog\\\/nbfc-mfi-registration-and-requirements\\\/#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\":\"NBFC Micro Finance Institution Requirements &#038; Registration\"}]},{\"@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":"NBFC-MFI registration and requirements | Online Learning","description":"In this article, we will let you know about the NBFC-MFI registration. How it could be done and what are the requirements\u00a0of NBFC-MFI.","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\/nbfc-mfi-registration-and-requirements\/","og_locale":"en_US","og_type":"article","og_title":"NBFC-MFI registration and requirements | Online Learning","og_description":"In this article, we will let you know about the NBFC-MFI registration. How it could be done and what are the requirements\u00a0of NBFC-MFI.","og_url":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/","og_site_name":"LegalRaasta Knowledge portal","article_published_time":"2018-08-27T06:45:30+00:00","article_modified_time":"2026-04-08T05:41:07+00:00","og_image":[{"width":1588,"height":812,"url":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design-33-e1535346766412.png","type":"image\/png"}],"author":"Author: LegalRaasta","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author: LegalRaasta","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#article","isPartOf":{"@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/"},"author":{"name":"Author: LegalRaasta","@id":"https:\/\/www.legalraasta.com\/blog\/#\/schema\/person\/8fffceba7148ae1120f0bd4bf73b0c62"},"headline":"NBFC Micro Finance Institution Requirements &#038; Registration","datePublished":"2018-08-27T06:45:30+00:00","dateModified":"2026-04-08T05:41:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/"},"wordCount":611,"image":{"@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design-33-e1535346766412.png","keywords":["documents for NBFC-MFI","nbfc","NBFC-MFI","NBFC-MFI registration","NBFC-MFI registration and requirements","requirement for NBFC-MFI"],"articleSection":["NBFC"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/","url":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/","name":"NBFC-MFI registration and requirements | Online Learning","isPartOf":{"@id":"https:\/\/www.legalraasta.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#primaryimage"},"image":{"@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design-33-e1535346766412.png","datePublished":"2018-08-27T06:45:30+00:00","dateModified":"2026-04-08T05:41:07+00:00","author":{"@id":"https:\/\/www.legalraasta.com\/blog\/#\/schema\/person\/8fffceba7148ae1120f0bd4bf73b0c62"},"description":"In this article, we will let you know about the NBFC-MFI registration. How it could be done and what are the requirements\u00a0of NBFC-MFI.","breadcrumb":{"@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#primaryimage","url":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design-33-e1535346766412.png","contentUrl":"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design-33-e1535346766412.png","width":1588,"height":812,"caption":"NBFC-MFI Directions"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/#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":"NBFC Micro Finance Institution Requirements &#038; Registration"}]},{"@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\/13862","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=13862"}],"version-history":[{"count":8,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/posts\/13862\/revisions"}],"predecessor-version":[{"id":35173,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/posts\/13862\/revisions\/35173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/media\/13864"}],"wp:attachment":[{"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/media?parent=13862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/categories?post=13862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalraasta.com\/blog\/wp-json\/wp\/v2\/tags?post=13862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}