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Microfinance Institution (NBFC-MFI) Registration

RBI-regulated microfinance license — for unsecured income-generating loans.

Starts at ₹2,49,999210 working days4.8/5 rating
Starting at
₹2,49,999+ govt. fees
4.8/5from 12,400+ verified reviews
  • Dedicated expert (CA / CS / Advocate)
  • All government filings handled
  • Real-time tracking in your dashboard
  • Unlimited revisions of drafts
  • WhatsApp + email + call support
100% money-back guarantee. If we cannot deliver as promised, our professional fee is fully refundable.

What is Microfinance Institution (NBFC-MFI) Registration?

An NBFC-MFI is a non-deposit-taking NBFC regulated by the RBI under the Microfinance Institutions (Reserve Bank) Directions, 2022. It specialises in providing small-ticket unsecured loans to low-income households. We handle incorporation, the ₹5 crore (₹2 crore for NE states) NOF structuring and the full CoR application.

Why founders pick IVEC

Senior experts, transparent pricing, and the back-and-forth done for you.

Operate India's most impactful financial inclusion business.

Access to MUDRA, NABARD and bank refinancing.

Eligible for priority sector lending classification.

RBI-recognised brand credibility.

How it works

A clear, predictable process from kick-off to certificate.

  1. 01

    Document collection

    Securely upload KYC and supporting documents via your IVEC dashboard.

  2. 02

    Expert review

    Your dedicated specialist verifies everything and flags missing items in 1 business day.

  3. 03

    Filing & follow-up

    We file with the relevant authority and respond to any clarifications on your behalf.

  4. 04

    Certificate delivered

    Your final certificate / confirmation is delivered to your dashboard.

Documents required

Have these handy — we'll guide you through anything else.

Pvt Ltd incorporation with NBFC-MFI objects
NOF certificate (₹5 crore / ₹2 crore for NE states)
Detailed credit policy aligned with the 2022 Directions
Directors' fit-and-proper + microfinance experience
5-year business plan with target geographies

Frequently asked questions

Quick answers — still stuck? Talk to a human in 30 minutes.

₹5 crore for most states; ₹2 crore for the North-Eastern region.

Ready to get started with Microfinance Institution (NBFC-MFI) Registration?

Get matched with a dedicated expert today. Pay only when you approve the plan — no surprises, no recurring fees.