Lawcify supports NBFCs and fintechs on licensing, structuring, partnership models and ongoing RBI compliance.
We understand your lending, BNPL, co-lending or aggregation model and identify regulatory touchpoints.
Lawcify advises on NBFC licensing needs, outsourcing arrangements, FLDG structures and partner roles.
We help draft policies, agreements and customer documents that align with RBI guidelines and digital lending norms.
Lawcify supports regular reporting, returns and RBI interactions as your fintech business scales.
Structure your NBFC or fintech model in line with RBI expectations with strategic support from Lawcify.
NBFC & Fintech Advisory focuses on business models like lending, BNPL, co-lending and aggregation, ensuring they meet licensing, outsourcing and digital lending norms.
Lawcify helps with structure, policies, agreements and compliance frameworks so that your fintech ideas grow without regulatory surprises.
The NBFC & Fintech sector has become one of the fastest-growing financial ecosystems in India, driven by digital lending, compliance automation, payment systems, insurance distribution and financial inclusion programmes. Unlike traditional businesses, NBFCs and fintech platforms operate under strict regulatory oversight from organisations including RBI, FIU-IND, MCA, SEBI, IRDAI and other financial regulatory bodies.
Whether your business offers lending, payments, wallets, credit underwriting, marketplace lending, insurance aggregation, digital onboarding or alternative finance models — regulatory compliance is critical.
Lawcify provides end-to-end compliance, licensing and advisory support for NBFCs, fintech platforms, digital lenders and financial-sector startups — ensuring operational, regulatory and governance alignment from conception to scale.
With Lawcify, fintech and NBFC businesses operate in a legally structured, risk-controlled and scalable environment.
Our advisory covers multiple compliance layers applicable to fintech and NBFC businesses:
Lawcify ensures compliance is structured based on business model, target market and regulatory category.
NBFCs and fintech platforms operate in a high-regulation environment where governance, data protection, consumer financial safety and transparent reporting are critical.
Regulatory obligations may include:
Lawcify ensures businesses remain fully compliant across regulatory functions throughout their growth cycle.
Offers secured or unsecured lending with RBI licensing, reporting and periodic audits.
Technology-based lending models using risk scoring and digital onboarding.
Platforms offering wallets, prepaid payment instruments and compliance-driven online processing.
Compliance support for digital lenders partnering with regulated NBFCs or banks.
Includes advisory for IRDAI compliance, web aggregator licensing, cross-regulator reporting and legal frameworks.
Compliance for fintech infrastructure providers enabling lending, payments or underwriting systems.
Our structured process ensures compliance discipline from day one.
Lawcify provides practical regulatory support designed especially for fintech and NBFC sector businesses. Our advisory covers both ongoing compliance and regulatory road-mapping aligned with India’s evolving legal ecosystem.
With Lawcify, NBFCs and fintech businesses scale with confidence, compliance clarity and strong regulatory oversight.
Important questions related to NBFC Licensing, RBI Compliance and Fintech Regulatory Support, and how Lawcify helps navigate legal, operational and compliance frameworks.
A Non-Banking Financial Company (NBFC) is a financial institution registered under RBI that provides lending, investment, financial services, digital finance and other financial products. Unlike banks, NBFCs cannot accept demand deposits or offer traditional current/savings accounts, but they play a major role in India’s fintech and lending ecosystem.
Businesses needing compliance include:
To operate as an NBFC, a company must obtain a Certificate of Registration (CoR) from the Reserve Bank of India (RBI) and meet minimum capital requirements, fit-and-proper criteria for directors, business plan review and regulatory framework alignment.
Eligibility includes minimum net owned fund (NOF) requirement, experienced management, robust IT systems, governance framework, financial viability and compliance readiness. RBI also evaluates promoter history, capital structure and operational capacity.
Ongoing compliance includes:
Not always — but fintechs involved in lending, payments, KYC, digital credit, wallet services or regulated products require either direct licensing or partnership with an existing RBI-regulated entity such as a bank or NBFC.
RBI’s digital lending guidelines regulate online lending platforms, loan apps, partner fintechs and NBFCs to ensure transparency, data protection, fair pricing and customer protection. These rules apply to underwriting, recovery, disclosures, loan agreements and digital approvals.
The approval timeline varies based on documentation accuracy, regulatory review and category of NBFC. Typically, registration takes 6 to 12 months including compliance checks and application vetting.
No — fintechs dealing in regulated financial activities must either obtain a licence or operate through a legally compliant partnership model with a registered NBFC or bank before serving customers.
Non-compliance may result in heavy penalties, suspension of licence, restrictions on lending/payments, legal proceedings and reputational damage. RBI monitors NBFCs and fintechs closely through reporting mechanisms and audits.
Yes — all NBFCs must maintain regulatory reporting and compliance irrespective of business operations. Inactive or non-operational NBFCs are still monitored and may face penalties for non-filing.
Yes — once the regulatory, audit and governance frameworks are implemented correctly, scalability becomes easier while ensuring compliance with lending, data privacy, KYC and customer protection norms.
Common documents include:
Lawcify provides end-to-end NBFC and fintech regulatory advisory including licensing, compliance framework setup, RBI filings, digital lending guidelines, audits and ongoing regulatory support — ensuring businesses operate legally, securely and confidently in a regulated financial environment.
Lawcify offers expert chartered secretary services, specializing in corporate governance and compliance, ensuring businesses run smoothly and stay legally compliant.
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