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Things to Know Before Applying for NBFC License in India

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Starting a financial business in India is a big opportunity, especially with the rapid growth of digital payments, lending platforms, and fintech services. One of the most important approvals required to run such a business is an NBFC License. However, many entrepreneurs apply without proper planning and face delays or rejection. Before you Apply NBFC License Online , it is important to understand the rules, eligibility, capital requirements, and compliance obligations. In this blog, Corpbiz explains everything you need to know before applying for an NBFC license in India, including related licenses like P2P Lending License, Apply PPI License, and NBFC Account Aggregator License. What is an NBFC? An NBFC (Non-Banking Financial Company) is a company registered under the Companies Act that provides financial services similar to banks but does not hold a banking license. NBFCs can offer services such as: Loans and advances Asset financing Investment services P2P lending Digital payments ...