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Micro Finance NBFC in India

Location:
Garacharma, Chhattisgarh - India

Published:
2025-02-01 14:51:07

Contact Info:
corpzo

Description: Are you planning to start a Micro Finance Non-Banking Financial Company (NBFC-MFI) in India? Corpzo provides expert assistance in NBFC-MFI registration, RBI compliance, and business setup, ensuring a smooth and hassle-free process for launching your microfinance business. What is a Micro Finance NBFC (NBFC-MFI)? A Micro Finance NBFC (NBFC-MFI) is a type of Non-Banking Financial Company that provides small-ticket loans to low-income individuals, self-employed workers, and small businesses. These companies help promote financial inclusion by offering credit to those who lack access to traditional banking services. Key Features of an NBFC-MFI: ✔ At least 85% of total assets should be in microfinance loans ✔ Maximum loan limit of ₹1.25 lakh per borrower ✔ Loans are unsecured and offered without collateral ✔ Must have a minimum net owned fund of ₹5 crore (₹2 crore for Northeastern states) ✔ Compliance with RBI’s microfinance lending guidelines Why Choose Corpzo? Complete NBFC-MFI registration & licensing support RBI regulatory compliance & financial structuring Tailored solutions for microfinance business models Quick and hassle-free documentation & approval process Start your Micro Finance NBFC with Corpzo’s expert assistance! Contact us at [Your Contact Information] or visit [Website URL] today. Empower small businesses with microfinance – Let Corpzo help you build your NBFC-MFI!

https://tuffclassified.com/micro-finance-nbfc-in-india_2528155