Solubilis provide Non-Banking Financial Company registration in Chennai, Bangalore, Hyderabad, Cochin and anywhere in India. A Non-banking financial company is a company which is engaged in the business of giving loans and advances, acquisition of shares, stocks, bonds, debentures and Government securities, including local authority bonds or other securities which are marketable in nature, leasing, hire-purchase, insurance business, Chit business, etc. NBFCs are engaged in the business of providing financial service similar to that of banks but differ from the banks, which deals with money and do not have full bank license. NBFCs are registered under the Companies Act, 2013. NBFCs can accept deposits from the public under any scheme of arrangement or any other manner and lend the money to their clients in the form of leasing, hire purchase etc. It is mandatory that every NBFC should be registered with RBI to commence and carry on their business of non-banking financial nature. The types of NBFCs are Asset Finance Company (AFC), Investment Company (IC) and Loan Company (LC). Mutual benefit finance company, Infrastructure finance company, Micro finance institution etc.
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