Buy NBFC Online in India

Overview

Buy NBFC Online in India: Complete Guide (2026)

NBFCs or Non-Banking Financial Companies are those companies which have been established either under the Companies Act of 1956 or 2013. They have been playing a vital role in the development of the Indian economy by bringing accessibility, diversity, convenience, and efficiency into the financial sector.

NBFCs are involved in the principal business of providing loans and advances, acquisition of shares, stocks, bonds, insurance business, and more. The NBFC sector is stringently regulated by the RBI — every entry, exit, and transaction must comply with RBI regulations.

S.K. & Associates assists clients in buying, selling, renting, and restructuring NBFCs — with complete RBI compliance support at every step.

Scope

Activities NBFCs Can & Cannot Do

Understanding the business scope before you buy an NBFC.

Activities NBFCs Can Be Engaged In

Loan and credit facilities
Asset Financing
Acquisition of shares / stocks / bonds
Hire-purchase
Insurance business
Chit Fund business
Hedge funds
Currency exchange
Peer to peer lending

Activities NBFCs Cannot Be Involved In

Agriculture activity
Industrial activity
Purchase or sale of any goods
Providing any services related to Purchase / Sale / Construction of immovable property

Two Options

How to Buy an NBFC Online in India

Two routes to owning an NBFC — choose based on your timeline and budget.

Option 1: Register a New NBFC

Get a new company incorporated under the Companies Act, 2013 and then get it registered with the RBI as an NBFC.

Timeline: 3-6 months

Faster Route

Option 2: Buy an Existing NBFC

Buy an existing NBFC that is already registered with the RBI. In most cases, the time taken to buy-out an existing business is quicker than establishing a new one.

Timeline: 2-3 months

Buying tip: If you've zeroed in on an NBFC that is not on sale, you can still acquire it via deliberate planning — an acquisition done without the knowledge of the seller, especially if the seller or the Target NBFC is unwilling. In both cases, the balance sheet of the Target NBFC would stand at null after all its assets and liabilities have been taken over by you, the Acquirer.

RBI Approval

Is Prior Approval from RBI Required?

When purchasing an NBFC, confirm whether prior RBI approval is required for your chosen deal. In certain cases, the Acquirer needs to apply for approval from the RBI before commencing the process. Some cases do not require prior approval.

Situations When Prior RBI Approval IS Required

When any change in the shareholding pattern of the NBFC results in new shareholders holding 26% or more of the paid-up equity capital*
When any change in the management results in new Directors holding 30% or more of the Board*
Any buy-back or reduction in share capital**
Change in control of the NBFC

* Except when the buy-back or reduction in share capital has been approved by a competent court.
** Independent Directors are not included in this 30%. If the change is due to a routine rotation of Directors, approval from RBI is not required.

Situations Where RBI Approval is Not Required

Routine rotation of Directors
Changes in Independent Directors
Internal changes not affecting ownership or control
Cases where share capital changes are approved by competent court
Cases that don't trigger the 26% / 30% thresholds

Important: If proper documents have not been submitted with the application, the application would be considered null and void by RBI.

Documents

Requirements for Applying for RBI's Prior Approval

If the transaction requires RBI approval, submit the following documents with a cover letter on company letterhead to the regional office of the DNBS (Department of Non-Banking Supervision) of RBI, under whose jurisdiction the Registered Office of the NBFC is situated.

Complete Document Checklist for RBI Approval

Details about the proposed Directors / shareholders / members — with ID proof and Address proof
Education, Qualifications, and Experience certificate of the proposed Directors
Origins of the amount received by proposed shareholders, to be used for acquiring shares in the target NBFC
Statement by proposed Directors / shareholders declaring that they are not associated with any entity which was denied a "Certificate of Registration" by the RBI
Declaration of no criminal background and/or Non-conviction u/s 138 of the "Negotiable Instruments Act" by all the proposed Directors / shareholders
Statement by all proposed Directors / shareholders / members declaring their Non-association with any entity accepting deposits
Clean Banker's Report on proposed Directors / shareholders

RBI clarifications: RBI may ask for some clarifications on the points mentioned in the application. All such queries must be replied to well in time — and try to avoid any undue delay or cancellations from RBI while processing your application.

Public Notice

Is Prior Public Notice About Changes Required?

Once you have the approval from RBI to buy the Target NBFC, a public notice is mandatory.

30-Day Advance Notice

Public notice must be issued at least 30 days before the actual purchase, transfer of ownership by sale of shares, or transfer of control (with or without the sale of shares).

Who Publishes

The publication needs to be done by both the Acquirer Company and the Target NBFC — and all other parties concerned. They have the option to issue the notice together, after obtaining prior permission of RBI.

Content Requirements

The proposal of transferring or selling ownership or control, particulars of the Target NBFC, and the reasons for such transfer or sale must be indicated clearly in the public notice.

Publication Channels

The notice shall be published in at least one leading national daily newspaper and at least one leading daily newspaper in the vernacular language of the place of registered office.

Benefits

Benefits of Buying an Existing NBFC

By buying an existing NBFC rather than getting a new one registered, you save on time — and can use that time to enhance the work of the entity.

Save Time

Buying an existing NBFC takes around 2-3 months, versus 3-6 months for a new company registration plus RBI approval.

Reduced Competition

Acquiring an existing NBFC reduces competition and instantly positions you in the financial services sector.

Rise in Sales & Revenue

With an established customer base, revenue and sales increase immediately after acquisition.

Higher Profitability

Operational infrastructure and processes are already in place — profitability increases faster.

Larger Customer Base

You acquire an established customer base and distribution network.

Economies of Scale

Existing operations bring economies of scale — reducing per-transaction costs.

Faster Preparation

Preparation time is much less compared to setting up from scratch. NBFC on rent is also an option.

Due Diligence

Important Tips for Purchasing an NBFC

Before the process of buying an NBFC with RBI begins, ensure these checks are performed.

Verify Legal Documents

Verify that only legally valid documents are being submitted to the RBI and/or other authorities.

Review Previous Records

Review all previous records such as liability (if any) — starting from the beginning years of the Target NBFC or at least the financial statements of the last 3 years.

Check Pending Cases

Check if any cases are pending against the company, any legal proceedings taken up against it, and all other details that may influence the decision of acquiring this NBFC.

Examine Certificates

Examine all the registration certificates such as PAN, GST, Certificate of Incorporation, and all other certifications availed during the existence of the company.

KYC of Directors & Promoters

Check KYC of the Directors, promoters, and investors presently associated with the NBFC.

Sign Formal MoU

After verifying all this information, sign a formal MoU agreement along with a certain token amount, as mutually agreed. This binds both the Acquirer and the Target to stick to the terms, conditions, and time-lines specified in it.

Final Step

Share Purchase or Transfer Agreement

During the purchase of an NBFC, the final step is to execute the Share Purchase Agreement. This agreement is signed by both the buyer and the seller, after the public notice of buying has been issued.

The assets of the seller or the Target NBFC are discharged in the balance sheet and liabilities are paid off. So the Acquirer Company receives only a clean balance sheet. The amount is calculated on the basis of the net worth of the Target NBFC as of the date of the takeover. RBI has also provided directions that are to be followed while determining the net worth.

This is the final step in the official handover of the management and the assets/liabilities from the Target Company to the Acquirer Company. In case any consideration is remaining, it shall be paid off within 31 days of the public notice in the newspaper, as per RBI — or as mutually agreed by all the parties.

Our Services

Why Buy an NBFC with S.K. & Associates?

The NBFC sector, its transactions, and any entry or exit into this sector is stringently regulated by RBI. All compliances of RBI must be duly fulfilled — hence the need for skilled professionals.

Renting NBFCs

Take an NBFC on rent — preventing the problems that any new entity faces while setting up a business.

Takeovers

Complete takeover support — from initial consultation to final handover of management.

Mergers / Demergers

Expert guidance on NBFC mergers and demergers — with RBI approval support.

Business Re-structuring

Strategic business restructuring to align with your financial services goals.

Contract Drafting

Drafting of MoU, Share Purchase Agreement, Share Transfer Agreement, and other contracts.

Approval for Management Change

Assistance with RBI approval for management changes — documentation and follow-up.

Designing Financial Services

Designing the right financial services product portfolio for your NBFC.

Marketing Digital Loan Products

Marketing support for digital loan products — reaching your target customers.

Meeting RBI Compliance

Ongoing RBI compliance — reporting, filings, and audit support.

Internal Audit Services

Internal audit to ensure operational and regulatory compliance.

100% Confidential: All the processes are done in strict secrecy. We have listed NBFCs available for sale on our site — you can choose according to your preference, goals, and budget. We also help with mergers, takeovers, collaborations, and NBFCs on rent in the area of your choice. The process starts with a detailed telephonic consultation.

Call Us For a Quote

We can serve our clients more efficiently thanks to cutting-edge practice technology. Connect with us to discuss your NBFC acquisition.

Confidential Consultation Due Diligence Support RBI Compliance

Call +91-7302566914

Why Us

Why Choose S.K. & Associates for Buying an NBFC

Complete RBI compliance, expert due diligence, and end-to-end acquisition support.

Skilled Professionals

You get skilled professionals well aware of the processes, requirements, and all provisions of RBI.

100% Assistance

We assure 100% assistance at every step — from fulfilling RBI requirements to accounting and reporting.

Strict Confidentiality

All processes are done in strict secrecy — protecting your business interests.

Curated NBFC Listings

We have listed NBFCs available for sale — choose according to your preference, goals, and budget.

Full Spectrum of NBFC Services

Renting, takeovers, mergers/demergers, business restructuring, contract drafting, and ongoing compliance.

30+ Offices, 10+ Years

Backed by 30+ offices across India, 10+ years of experience, and a money-back guarantee.

Conclusion

Own an NBFC — Without the Long Wait

Buying an NBFC online in India is faster and often more practical than setting one up from scratch. A new registration takes 3-6 months with the RBI; buying an existing NBFC takes 2-3 months. Along with the speed, you acquire an established customer base, distribution network, and operational infrastructure — reducing competition and boosting profitability faster.

But the process is stringently regulated. RBI approval is required in specific situations, a public notice is mandatory, and the Share Purchase Agreement must follow RBI's directions on net worth. With S.K. & Associates, the entire process is handled by skilled professionals — from due diligence and MoU drafting to RBI approval, public notice, and final handover. All done in strict confidentiality. Connect with us today and own your NBFC.

FAQ

Frequently Asked Questions

NBFCs or Non-Banking Financial Companies are companies established under the Companies Act of 1956 or 2013. They play a vital role in the development of the Indian economy by bringing accessibility, diversity, convenience, and efficiency into the financial sector. They are involved in the principal business of providing loans and advances, acquisition of shares, stocks, bonds, insurance business, etc.

You have two options: (1) Get a new company incorporated under the Companies Act, 2013 and then get it registered with the RBI as an NBFC, or (2) Buy an existing NBFC. Buying an existing NBFC is faster — takes around 2-3 months, versus 3-6 months for the other route.

Buying an NBFC takes around 2-3 months. In contrast, getting a new company established and then registered with the RBI as an NBFC can take anywhere between 3-6 months.

The Acquirer needs to apply for approval from RBI in certain cases — such as when any change in the shareholding pattern results in new shareholders holding 26% or more of the paid-up equity capital, or when any change in management results in new Directors holding 30% or more of the Board. Independent Directors are not included in this 30%.

Key documents include: details of proposed Directors/shareholders/members with ID and address proofs, education/qualification/experience certificates, origins of the amount to be used for acquiring shares, declaration of non-association with entities denied RBI registration, declaration of no criminal background, statement of non-association with deposit-accepting entities, and clean Banker's Reports.

Yes. Once you have the approval from RBI to buy the Target NBFC, a public notice must be issued in one leading national newspaper and one leading local newspaper, at least 30 days before the transaction. The publication needs to be done by both the Acquirer Company and the Target NBFC.

Key benefits include: reduced competition, rise in sales/revenue, increased profitability, larger customer base and distribution network, economies of scale, and significant time savings compared to setting up a new NBFC.

The Share Purchase Agreement is the final step in the NBFC purchase process. It is signed by both the buyer and seller, after the public notice has been issued. The assets of the seller are discharged in the balance sheet and liabilities paid off, so the Acquirer receives only a clean balance sheet. The amount is calculated on the basis of the net worth of the Target NBFC as of the date of takeover.

NBFCs can engage in: loan and credit facilities, asset financing, acquisition of shares/stocks/bonds, hire-purchase, insurance business, chit fund business, hedge funds, currency exchange, and peer to peer lending.

NBFCs cannot be involved in: agriculture activity, industrial activity, purchase or sale of any goods, and providing any services related to purchase/sale/construction of immovable property.

Yes. We offer NBFCs on rent in the area of your choice. This prevents the problems that any new entity faces while setting up a business and making it known to associates. Contact us for availability and pricing.

Our NBFC-related services include: Renting NBFCs, Takeovers, Mergers/Demergers, Business Re-structuring, Contract Drafting, Approval for Management Change from RBI, Designing Financial Services, Marketing Digital Loan Products, Meeting RBI Compliance, and Internal Audit Services.

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