Advertise With Us

    Section 8 NBFC in Micro Finance

    Posted By : SARIKA / Published on : 18-Jun-2022 10:25 AM / View : 310 / Comment : 4

    Print button
    Whether Section 8 Company can carry out micro finance activities?
    Read more on : finance micro nbfc section

    • Dear Madam,


      Section 8 companies can be started with micro finance object, further such companies does not require to obtain license from RBI.

      Company can offer unsecured loans, company can give loan for dwelling residence etc.

      Hope it helps!

      20-06-2022 / 04:56:23 AM
    • Dear Members!

      Yes, Section 8 Company can carry out micro finance activities subject to compliance of applicable RBI Act, Guidelines and directions. The micro finance activities should be for the promotion of activities as stated in section 8(1)(a) of the Companies Act, 2013

      20-06-2022 / 05:07:31 AM
    • As per recent amendment MCA not allwing any Section 8 Company Incorporation with NBFC Activity Right ?

      ccl_section_nbfc.pdf (attached Notification)


      Please confirm.


      12-07-2022 / 05:48:19 AM
    • 12-07-2022 / 06:11:13 AM
    Please Select File:

Other Queries from SARIKA
What's New on

Unanswered Queries
Like us on Facebook
Follow Us on Twitter

We are always here to help you. Don’t hesitate to contact us anytime!

+91-9988424211 or