Step 1: Register the company under the Companies Act 2013 or under the Companies Act 1956. Step 2: Minimum Net Owned Funds of the Company should be Rs. 2 crores or more. Step 3: There should be at least 1 director in the company from the same background. Step 4: Good CIBIL score is required to present in order to register as NBFC. Step 5: Next, visit RBI’s official website and fill in the application form. Step 6: Submit all the required documents along with the application form. Step 7: Once you have submitted the application form, a CARN number will be generated. Step 8: Send the hard copy of the application to the regional branch of RBI. Step 9: After the application is checked and verified, the License will be given to the company. For NBFC Registration you can Connect with Corpseed team for an easy registration process.