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Loans and advances, stock acquisition, hire-purchase, financing leasing, chit funds, and other financial services are all covered by NBFC registration. An NBFC must be distinguished from a bank in several ways, including the fact that it cannot accept savings or current account deposits, cannot issue checks drawn on itself, and does not provide deposit insurance or credit guarantee coverage to its depositors. If you're interested in learning more about the registration procedure, please read on: https://enterslice.com/nbfc-registration<br>
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PROCESS OF NBFC REGISTRATION 1 2 To register under the Companies Act of 1956/2013. begin, you must You company's owned funds in accordance with the NBFC type. must maintain minimum the net your business 3 4 Fill out the Reserve Bank's application form on their official website. Together with the application, submit the documentation registration. necessary for such 5 6 When application, you will be given a CARN number, which will allow you to track the status of your application. you submit your You must send the application form to the Reserve Bank's regional office. 7 Registration will be granted if your application Registration regulatory authority's requirements. NBFC the basic for meets www.enterslice.com Call Now: 9870310368