Reserve Bank of India

RBI Licensing Services

Banking, Payments & Lending Licenses

From NBFC registration to payment aggregator licenses — we handle the full RBI licensing lifecycle for fintech founders, lenders, and payment innovators.

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All services

15 RBI licenses

End-to-end advisory, filing and post-license compliance. Fixed-fee engagements.

NBFC Registration

Non-Banking Financial Company license for lending and investment activities.

Timeline
6–9 months
Capital
₹10 Cr NOF
Best for
Lending startups, asset finance companies
Check Eligibility

Payment Aggregator License

Authorisation to onboard merchants and process online payments.

Timeline
9–12 months
Capital
₹25 Cr NW
Best for
Payment gateways, marketplaces
View Full Guide

TPAP License

Third-Party Application Provider license for UPI-based payment apps.

Timeline
3–6 months
Capital
As per NPCI norms
Best for
UPI apps, fintech wallets
Check Eligibility

PPI / Wallet License

Prepaid Payment Instrument license for issuing wallets and prepaid cards.

Timeline
9–12 months
Capital
₹15 Cr NW
Best for
Wallet operators, gift card issuers
Check Eligibility

P2P Lending License

NBFC-P2P license to operate a peer-to-peer lending marketplace.

Timeline
6–9 months
Capital
₹2 Cr NOF
Best for
P2P marketplaces, alt lenders
Check Eligibility

Payment Bank License

License to accept deposits up to ₹2L and offer payments services.

Timeline
12–18 months
Capital
₹100 Cr
Best for
Telcos, large fintechs
Check Eligibility

Small Finance Bank License

Differentiated bank license for underserved segments.

Timeline
18–24 months
Capital
₹200 Cr
Best for
Microfinance, niche banks
Check Eligibility

FFMC License

Full-Fledged Money Changer license for forex services.

Timeline
3–6 months
Capital
₹25 L NOF
Best for
Travel companies, forex dealers
Check Eligibility

Account Aggregator License

NBFC-AA license to facilitate consented financial data sharing.

Timeline
6–9 months
Capital
₹2 Cr NOF
Best for
Data fintechs, lenders
Check Eligibility

Core Investment Company

CIC registration for holding companies investing in group companies.

Timeline
4–6 months
Capital
₹100 Cr asset size
Best for
Conglomerates, holdcos
Check Eligibility

Asset Reconstruction Company

ARC license for acquiring and resolving stressed financial assets.

Timeline
9–12 months
Capital
₹300 Cr NOF
Best for
Stressed asset specialists
Check Eligibility

Factoring Registration

Registration to engage in factoring of receivables.

Timeline
4–6 months
Capital
As per NBFC norms
Best for
Trade finance, supply chain
Check Eligibility

Infrastructure Debt Fund

NBFC-IDF license for refinancing infrastructure projects.

Timeline
6–9 months
Capital
₹300 Cr NOF
Best for
Infra-focused lenders
Check Eligibility

Mortgage Guarantee Company

MGC license to guarantee mortgage-backed loans.

Timeline
9–12 months
Capital
₹100 Cr NOF
Best for
Housing finance enablers
Check Eligibility

White Label ATM Operator

Authorisation to deploy and operate non-bank ATMs.

Timeline
6–9 months
Capital
₹100 Cr NW
Best for
ATM operators, fintechs
Check Eligibility
Next step

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