Planning to start a Microfinance Company to provide small loans and support to underbanked communities?
Microfinance Company Registration in India – With Local Support from LCSEIndia
Planning to start a Microfinance Company to provide small loans and support to underbanked communities? LCSEIndia makes the complex process simple and compliant—helping you get registered with confidence.
We serve clients across Kolkata, with a dedicated focus on the Sonarpur area. Our expert legal team will assist you from start to finish, so your microfinance venture can operate lawfully and effectively from day one.
Why Start a Microfinance Company?
Microfinance companies play a crucial role in supporting small borrowers, women entrepreneurs, and low-income households. With proper registration, your organization can:
- Legally offer micro-loans to individuals or small businesses
- Build trust with financial institutions and regulators
- Expand your outreach with financial credibility
- Contribute to community development and rural growth
Documents Required for Microfinance Company Registration
- Proposed company name and objectives
- PAN Card and Aadhaar of all directors
- Photographs of directors
- Address proof of directors (utility bill, passport, etc.)
- Registered office address proof (Rent Agreement or Ownership document)
- No Objection Certificate (NOC) from the property owner
- Net Worth Certificate from a CA (minimum capital requirement of Rs. 5 crore for NBFC-MFI)
- Bank statement showing capital contribution
- Draft of MOA & AOA (we help prepare this)
We guide you through RBI compliance, company formation, and document submission to ensure everything is in order.
Why Choose LCSEIndia for Microfinance Company Registration?
- Complete end-to-end support – from name approval to RBI registration
- Customized legal advice based on your microfinance goals
- Support in Kolkata and a local presence in Sonarpur
- Transparent pricing with no hidden costs
- Fast, compliant, and professional process
Frequently Asked Questions
1. Do I need RBI approval for a microfinance company?
Yes, if you want to operate as a full NBFC-MFI (Non-Banking Financial Company – Micro Finance Institution), RBI registration is mandatory. LCSEIndia helps you meet all compliance requirements.
2. Can I register from Sonarpur or other parts of Kolkata?
Absolutely! We provide full online and offline support to clients across Kolkata, with special assistance for microfinance startups in Sonarpur.
3. What’s the minimum capital required to start?
To register as an NBFC-MFI, you need a minimum net owned fund of Rs. 5 crore. However, other microfinance models can start with less. Talk to us to find the right fit for you.
Start Your Microfinance Company with LCSEIndia
If you’re in Kolkata or Sonarpur and planning to launch a microfinance company, let LCSEIndia take care of the legal process. We’ll help you register right and run legally—so you can focus on empowering others.
