{"id":20081,"date":"2019-04-26T08:49:03","date_gmt":"2019-04-26T08:49:03","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=20081"},"modified":"2026-04-07T17:17:01","modified_gmt":"2026-04-07T11:47:01","slug":"microfinance-company-registration","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/","title":{"rendered":"Introduction to Microfinance Company 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-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Microfinance_Company_Registration\" title=\"Microfinance Company Registration\u00a0\">Microfinance Company Registration\u00a0<\/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\/microfinance-company-registration\/#How_to_Start_the_Microfinance_Company_Registration\" title=\"How to Start the Microfinance Company Registration?\">How to Start the Microfinance Company Registration?<\/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\/microfinance-company-registration\/#Privileges_of_Microfinance_Company_Registration\" title=\"Privileges of Microfinance Company Registration\">Privileges of Microfinance Company Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Top_Microfinance_Companies_registered_in_India\" title=\"Top Microfinance Companies registered in India\">Top Microfinance Companies registered in India<\/a><\/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\/microfinance-company-registration\/#Microfinance_Company_Registration_Legal_Structure_types\" title=\"Microfinance Company Registration: Legal Structure types\">Microfinance Company Registration: Legal Structure types<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Procedure_for_Microfinance_Company_Registration_in_India\" title=\"Procedure for Microfinance Company Registration in India\">Procedure for Microfinance Company Registration in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Step_1_Register_a_Company\" title=\"Step 1: Register a Company\">Step 1: Register a Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Step_2_2_crores_raised_to_authorized_and_paid-up_capital\" title=\"Step 2: 2 crores raised to authorized and paid-up capital\">Step 2: 2 crores raised to authorized and paid-up capital<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Step_3_Deposit_Rs_2_crores_in_Fixed_Deposit_and_receive_Certificate\" title=\"Step 3: Deposit Rs. 2 crores in Fixed Deposit and receive Certificate\">Step 3: Deposit Rs. 2 crores in Fixed Deposit and receive Certificate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Step_4_Take_all_the_certified_Copies_and_fulfil_the_essential_checklist_for_RBI_registration\" title=\"Step 4: Take all the certified Copies and fulfil the essential checklist for RBI registration\">Step 4: Take all the certified Copies and fulfil the essential checklist for RBI registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Step_5_Fill_the_online_application\" title=\"Step 5: Fill the online application\">Step 5: Fill the online application<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Step_6_Present_the_Hard_Copy_to_the_Regional_Office_of_RBI_office\" title=\"Step 6: Present the Hard Copy to the Regional Office of RBI office\">Step 6: Present the Hard Copy to the Regional Office of RBI office<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.legalraasta.com\/blog\/microfinance-company-registration\/#Documents_Required_for_Microfinance_Company_Registration\" title=\"Documents Required for\u00a0Microfinance Company Registration\">Documents Required for\u00a0Microfinance Company Registration<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"bx-messenger-content-item bx-messenger-content-item-id-temp7 bx-messenger-content-item-1\" data-type=\"self\" data-senderid=\"277\" data-messagedate=\"Thu Apr 25 2019 16:19:52 GMT+0530 (India Standard Time)\" data-messageid=\"3695643\" data-blockmessageid=\"3695643\"><span class=\"ez-toc-section\" id=\"Microfinance_Company_Registration\"><\/span><span class=\"bx-messenger-content-item-content\"><span class=\"bx-messenger-content-item-text-center\"><span class=\"bx-messenger-content-item-text-message\"><span class=\"bx-messenger-content-item-text-wrap \"><span id=\"im-message-3695643\" class=\"bx-messenger-message\">Microfinance Company Registration<\/span><\/span><\/span><span class=\"bx-messenger-content-item-params\"><span class=\"bx-messenger-content-item-like bx-messenger-content-like-digit-off\">\u00a0<\/span><\/span><\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"bx-messenger-content-item bx-messenger-content-item-id-temp7 bx-messenger-content-item-1\" data-type=\"self\" data-senderid=\"277\" data-messagedate=\"Thu Apr 25 2019 16:19:52 GMT+0530 (India Standard Time)\" data-messageid=\"3695643\" data-blockmessageid=\"3695643\">The means m<span class=\"bx-messenger-content-item-content\"><span class=\"bx-messenger-content-item-text-center\"><span class=\"bx-messenger-content-item-text-message\"><span class=\"bx-messenger-content-item-text-wrap \"><span id=\"im-message-3695643\" class=\"bx-messenger-message\">icrofinance company registration<\/span><\/span><\/span><span class=\"bx-messenger-content-item-params\"><span class=\"bx-messenger-content-item-like bx-messenger-content-like-digit-off\">\u00a0<\/span><\/span><\/span><\/span>of a can broadly be classified into 2 sections:<\/p>\n<ul>\n<li class=\"bx-messenger-content-item bx-messenger-content-item-id-temp7 bx-messenger-content-item-1\" data-type=\"self\" data-senderid=\"277\" data-messagedate=\"Thu Apr 25 2019 16:19:52 GMT+0530 (India Standard Time)\" data-messageid=\"3695643\" data-blockmessageid=\"3695643\">Registration of a new public limited company<\/li>\n<li data-type=\"self\" data-senderid=\"277\" data-messagedate=\"Thu Apr 25 2019 16:19:52 GMT+0530 (India Standard Time)\" data-messageid=\"3695643\" data-blockmessageid=\"3695643\">Permission from RBI for business operation as a microfinance company.<\/li>\n<\/ul>\n<p>Microfinance companies are the financial institutions that give small-scale financial services in the form of savings, loans, and credit. Microfinance Company is also known as a Micro Finance Institution. It is a kind of non \u2013 deposit acquiring NBFC. For <a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener noreferrer\">NBFC registration<\/a> you can visit our website legalraasta. It gives small financial assistance to people with low income and in rural and semi-urban areas.<\/p>\n<p>Micro Finance Companies are suitable to give a loan or credit of approx. Rs 50,000 in a rural area and Rs. 1,25,000 in urban areas to people with the low-income group and small entrepreneurs. Without charging any marginal money or guarantee security. It can give loans at inexpensive rates directed by the RBI and central government. They are a big support to rural and agricultural development plus income and employment creation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Start_the_Microfinance_Company_Registration\"><\/span>How to Start the Microfinance Company Registration?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Anyone who wants to register a Microfinance company requires to register a company first under the Companies Act, 2013. Once the company is registered and you have received certificates of incorporation under the Companies Act, 2013 you require to open a bank account in the name of the company and deposit a number of Rs.2-5cores as fixed deposit in the account.<\/p>\n<p>After depositing the amount of fixed deposit you require to create a proper application to RBI in the directed format for <a href=\"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/\" target=\"_blank\" rel=\"noopener noreferrer\">NBFC \u2013 MFI Registration<\/a>, along with all the detailed documents. The application will be filed online and hard copies of all documents will be presented to the regional office of RBI. After getting the application and all the essential documents the RBI will handle due application. If the bank is convinced with the application and the documents, it will pass on the Certificates of the starting business to the Microfinance company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Privileges_of_Microfinance_Company_Registration\"><\/span>Privileges of Microfinance Company Registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For Microfinance Institutions in India, RBI has formed a policy structure in order to render assured legitimacy. Here are the following privileges of Microfinance company registration :<\/p>\n<ul>\n<li>It benefits in fostering self-reliance and entrepreneurship.<\/li>\n<li>Constant and smooth access to funding.<\/li>\n<li>High-grade overall loan repayment rate in correlation to traditional banks.<\/li>\n<li>It assists in increasing the financial condition by reaching the credit requirements of needy people by providing various types of loans\u00a0contributes important economic profits even if income levels continue to be the same.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Top_Microfinance_Companies_registered_in_India\"><\/span>Top Microfinance Companies registered in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Grameen Financial Services Pvt Ltd (GFSPL)<\/li>\n<li><span class=\"content_heading\">Casper Micro Credit (CMC)<\/span><\/li>\n<li><span class=\"content_heading\">Bhartiya Samruddhi Finance Limited (BSFL)<\/span><\/li>\n<li><span class=\"content_heading\">Asmitha Microfin Ltd (AML)<\/span><\/li>\n<li><span class=\"content_heading\">Spandana Sphoorty Financial Ltd (SSFL)<\/span><\/li>\n<li><span class=\"content_heading\">Share Microfin Limited (SML)<\/span><\/li>\n<li><span class=\"content_heading\">SKS Microfinance Ltd (SKSMPL)<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Microfinance_Company_Registration_Legal_Structure_types\"><\/span>Microfinance Company Registration: Legal Structure types<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2019\/04\/microfinance-e1556265073703.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-20084\" src=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2019\/04\/microfinance-e1556265073703.jpg\" alt=\"microfinance company registration\" width=\"549\" height=\"488\" srcset=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2019\/04\/microfinance-e1556265073703-200x178.jpg 200w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2019\/04\/microfinance-e1556265073703-300x267.jpg 300w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2019\/04\/microfinance-e1556265073703-400x356.jpg 400w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2019\/04\/microfinance-e1556265073703.jpg 549w\" sizes=\"(max-width: 549px) 100vw, 549px\" \/><\/a><\/p>\n<div><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Procedure_for_Microfinance_Company_Registration_in_India\"><\/span>Procedure for Microfinance Company Registration in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The procedure to register a Micro Finance Company is compact as it includes the license and certificate from RBI. Since RBI is included in this process it can take a month to complete it.<\/p>\n<p>Though, the license RBI is so important. So, let us follow the procedure in brief:<\/p>\n<ul>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Step_1_Register_a_Company\"><\/span>Step 1: Register a Company<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p>This is the first step to register the MFI company in India. It can be a public limited company or a private limited company. Moreover, originally, a company can be registered with Rs.1 lakh capital.<\/p>\n<ul>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Step_2_2_crores_raised_to_authorized_and_paid-up_capital\"><\/span>Step 2: 2 crores raised to authorized and paid-up capital<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p>This is the next step to boost the share capital with both authorized and Paid up to Rs.2 Crores. This is because to register an NBFC in India, the least net worth needed is Rs.2 crore.<\/p>\n<ul>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Step_3_Deposit_Rs_2_crores_in_Fixed_Deposit_and_receive_Certificate\"><\/span>Step 3: Deposit Rs. 2 crores in Fixed Deposit and receive Certificate<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p>After establishing the capital amount, the following step is to put the sum of Rs.2 crore in Fixed Deposit and receive a certificate of no charge from the bank. This shall be added to the application when filed with the RBI.<\/p>\n<ul>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Step_4_Take_all_the_certified_Copies_and_fulfil_the_essential_checklist_for_RBI_registration\"><\/span>Step 4: Take all the certified Copies and fulfil the essential checklist for RBI registration<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p>Fulfill the demanded list for RBI registration. The demand for Micro Finance Company Registration is as follows:<\/p>\n<ol>\n<li>Copy of Board resolution.<\/li>\n<li>Certified Copies &#8211; Certificate of Registration<\/li>\n<li>MOA linking to the financial business<\/li>\n<li>Bankers Report for candidate company, association companies.<\/li>\n<li>A copy of FD receipt &amp; banker&#8217;s certificate of charge showing balances in support of NOF.<\/li>\n<\/ol>\n<ul>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Step_5_Fill_the_online_application\"><\/span>Step 5: Fill the online application<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p>Fill the online application for NBFC registration as a MIF. Once the online application is registered, the company receives a Company Application Reference Number.<\/p>\n<ul>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Step_6_Present_the_Hard_Copy_to_the_Regional_Office_of_RBI_office\"><\/span>Step 6: Present the Hard Copy to the Regional Office of RBI office<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p>Once the application is filed, a hard copy of the application with all the essential documents are to be transferred to the regional office of the RBI.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Documents_Required_for_Microfinance_Company_Registration\"><\/span>Documents Required for\u00a0Microfinance Company Registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The following are the essential documents required for all directors and shareholders MIF registration :<\/p>\n<ul>\n<li>Auditors report concerning receipt of the least net owned fund of the candidate company.<\/li>\n<li>Banker&#8217;s Report<\/li>\n<li>A certificate of CA concerning details of group, associate, subsidiary or holding companies with the aspects of investments in different NBFCs.<\/li>\n<li>Board Resolution in connection to the intended Microfinance company registration<\/li>\n<li>A verified copy of the highest educational and professional qualification of total the recommended directors of a candidate company.<\/li>\n<li>Rightfully Certified copy of Certificate of Incorporation of a company.<\/li>\n<li>Verified copy of MOA &amp; AOA of the Company.<\/li>\n<\/ul>\n<p>For further more information regarding\u00a0<a href=\"https:\/\/www.legalraasta.com\/nbfc-registration\/\" target=\"_blank\" rel=\"noopener noreferrer\">NBFC Registration<\/a>,\u00a0<a href=\"https:\/\/www.legalraasta.com\/register-nidhi-company\/\" target=\"_blank\" rel=\"noopener noreferrer\">Nidhi company registration<\/a>,\u00a0<a href=\"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-directions-in-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Directions for NBFC-MFI\u00a0<\/a>\u00a0you can visit our website:\u00a0<a href=\"https:\/\/www.legalraasta.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Legal Raasta<\/a>.<\/p>\n<p>Either give us a call on\u00a0<span style=\"color: #3366ff;\">+91 850008585\u00a0<\/span>or\u00a0email us at\u00a0<a href=\"mailto:contact@legalraasta.com\" target=\"_blank\" rel=\"noopener noreferrer\">contact@legalraasta.com<\/a>. You can also download our app\u00a0click on this link-\u00a0<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.legalraasta.www.legalraasta_gst\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/play.google.com\/store\/apps\/details?id=com.legalraasta.www.legalraasta_gst<\/a><\/p>\n<blockquote><p>Related Articles:<\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/nbfc-mfi-registration-and-requirements\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;NBFC Micro Finance Institution Requirements &amp; Registration&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}\">NBFC Micro Finance Institution Requirements &amp; Registration<\/span><\/a><\/p>\n<p class=\"entry-title fusion-post-title\" data-fontsize=\"30\" data-lineheight=\"37\"><a href=\"https:\/\/www.legalraasta.com\/blog\/nbfc-nidhi-company-microfinance-company\/\" target=\"_blank\" rel=\"noopener noreferrer\">NBFC Vs Nidhi Company Vs Micro-Finance<\/a><\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/restrictions-nidhi-company\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Restrictions on NIDHI Company&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}\">Restrictions on NIDHI Company<\/span><\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Microfinance Company Registration\u00a0 The means microfinance company registration\u00a0of a can broadly be classified into 2 sections: Registration of a new public limited company Permission from RBI for business operation as a microfinance company. Microfinance companies are the financial institutions that give small-scale financial services in the form of savings, loans, and credit. Microfinance Company is also [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":20079,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3180,3182,326,3179,3183,3181,3184],"class_list":["post-20081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-documents-required-for-microfinance-company-registration","tag-how-to-start-the-microfinance-company-registration","tag-microfinance-company","tag-microfinance-company-registration","tag-privileges-of-microfinance-company-registration","tag-procedure-for-microfinance-company-registration-in-india","tag-top-microfinance-companies-registered-in-india"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Microfinance Company Registration | All About Micro 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