NBFC (Non-Banking Financial Company) is a company registered in India under the Company Act 1956 that is engaged in the principal business of advances and loans, acquisition of shares/ debentures/ bonds/ stocks/ securities issued by the government or local authority such as hire-purchase, nature, insurance business, leasing, and chit business but is not involved in any institution or organisation whose main business is industrial, agricultural, purchase or sale of any product. NBFC is a corporation that receives deposits under the plan in one big sum or in instalments through contributions or in any other method.
In terms of Indian financial authority, the NBFC (Non-Banking Financial Companies) have the authority granted by Chapter 3rd B of the RBI (Reserve Bank of India) Act 1934.
Swastik Web Technology India is a major software business in India that offers fully configurable software for Non Banking Finance Companies. One of our core teams is completely focused and experienced in designing NBFC software to launch such businesses or institutions. The team may create customised NBFC software based on your specifications. The web-based NBFC Software can accept payments online, allowing you to expand your NBFC business globally.
Give new heights to your Non Banking Finance Company with the help of our NBFC Software.