Section 8 Microfinance Company Registration Online

Start your Vakilkaro journey
and earn from day one

Every new customer gets a head start with bonus VakilCoins — redeemable as a cash discount on any booking, including your microfinance company registration.

+200

Welcome

+500

Per order

+1,000

Referral

Create your profile

+200

Complete your first booking

+500

Refer a business friend

+1,000

Access your VakilCoins walletRedeem rewards, track filings & manage benefits in one place.

TRANSPARENT PACKAGES

Our Microfinance Packages

Start with the licence, then add the tools you need to lend. Each price is our professional fee — GST and government fees are charged separately, only as applicable.

₹1,50,000

Don't Worry

Everything in Smart , plus:

Annual compliance management — board meetings, minutes & registers

ROC annual filings & director KYC

GST return filing

Compliance calendar with deadline reminders ★

Priority support ★

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★ = exclusive value-adds & included extras most providers bill separately.

Why the Section 8 route

Benefits of a Section 8 Microfinance Company

The fastest, lowest-cost legal route to start micro-lending for financial inclusion.

No RBI Registration*

Operate under the RBI's Section 8 exemption — no NBFC-MFI licence or prior approval for small-scale micro-lending.

No ₹5 Crore Capital

The ₹5–10 crore net-owned-fund rule for NBFC-MFIs doesn't apply — start with nominal capital.

Separate Legal Entity

A registered company that can lend, sign contracts and recover dues in its own name.

High Credibility

Not-for-profit status builds trust with banks, CSR funders, donors and borrowers.

Tax & CSR Benefits

Eligible to apply for 12A/80G and to receive CSR funding and grants.

Legal Recovery Rights

Enforce loan agreements and pursue defaulters as a recognised, registered lender.

Is it right for you?

Who Should Register a Microfinance Company?

The Section 8 route suits mission-driven lenders starting small and scaling responsibly.

NGOs & Social Entrepreneurs

Extending financial inclusion to underserved communities.

SHG & JLG Promoters

Lending to self-help and joint-liability groups.

Women & Rural Lending

Focused micro-credit for women and rural households.

Fintech & Startup Founders

Building a compliant micro-lending model at low cost.

Keep these ready

Documents Required

A simple checklist — our experts verify everything before filing your Section 8 licence application.

For Directors & Members

PAN card of all directors / members
Aadhaar / Voter ID / Passport (ID proof)
Latest passport-size photographs
Email ID & mobile number
Bank statement / utility bill, not older than 2 months

For Registered Office

Recent electricity / utility bill of the premises
Rent agreement (if the office is rented)
No-Objection Certificate (NOC) from the owner
Property ownership proof (if self-owned)
Proposed name & microfinance objects / vision

Simple & transparent

The Registration Process

From incorporation to the Section 8 licence — a dedicated manager handles every filing at every stage.

Day 1–3

Consultation & DSC

Viability check, document collection, and Digital Signature Certificates for directors.

Day 4–7

Name & DIN

Reserve a unique name (no 'Ltd' suffix) and obtain DINs for the directors.

Day 8–20

MoA, AoA & Section 8 Licence

Draft the microfinance & relevant objects and file the Section 8 licence application for you.

Day 21–35

Incorporation Certificate

After the licence, the RoC issues your Certificate of Incorporation with PAN & TAN.

Post-reg

NITI Aayog, Software & Agreements

Set up NGO Darpan, MSME, Finmitra software and loan agreements to start lending.

Done!

You're Ready to Lend

Your Section 8 microfinance company is incorporated, licensed and operational.

Choose the right route

Section 8 Microfinance vs NBFC-MFI vs Nidhi vs Co-operative

How the routes to start micro-lending in India compare for new founders.

Parameter	Section 8 Microfinance	NBFC-MFI	Co-operative
RBI Registration	Not required (exempt)*	Mandatory	Not required
Min. Capital	Nil	₹5 crore (NOF)	Varies
Profit Motive	Not-for-profit	For-profit	Member benefit
Setup Cost & Time	Low–moderate	High	Moderate
Credibility for CSR / Grants	High	High	Moderate
Public Deposits	Not allowed	Not allowed	Allowed (members)
Ideal For	Financial-inclusion founders	Large-scale lenders	Local cooperatives

*No prior RBI approval is needed for small-scale Section 8 micro-lending under the RBI exemption (Master Circular, 1 July 2015), subject to not accepting public deposits and following RBI pricing norms. Not-for-profit microfinance companies with an asset size of ₹100 crore or more must register as an NBFC-MFI.

The Vakilkaro advantage

Why Microfinance Founders Choose Us

Dedicated Experts

A personal CA/CS manager from incorporation to licence.

Transparent Pricing

Flat professional fee, government charges at actuals.

End-to-End Filing

We handle the entire Section 8 licence process for you.

Software + Compliance

Finmitra software, agreements and year-round compliance support.

In the News

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Trusted by leading publications and media houses across India.

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कंपनी की शुरुआत महज़ ₹15,000 के उधार और एक पुरानी फैक्ट्री में पड़ी तीन टेबलों से हुई थी; आज माइक्रोफाइनेंस और NBFC रजिस्ट्रेशन में इसकी विशेषज्ञता ही इसकी सबसे बड़ी ताकत बन चुकी है।

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Loved by microfinance founders

What Our Clients Say

★★★★★

“Got our Section 8 microfinance licence without any RBI hassle. The team handled the entire Section 8 licence process end to end.”

Anil KumarFounder, Lucknow

★★★★★

“The Finmitra software and ready loan agreements meant we started lending to SHGs within days of incorporation.”

Meena JoshiMicrofinance Director, Indore

★★★★★

“Transparent package pricing and a manager who explained every cost. Highly recommend for anyone starting micro-lending.”

Suresh ReddySocial Entrepreneur, Hyderabad

Start your Vakilkaro journeyand earn from day one

Your Brand Deserves to Be Among These Trusted Brands.

Our Microfinance Packages

₹90,000

₹1,25,000

₹1,50,000

₹1,90,000

₹1,50,000

Govt. & statutory fees — billed at actuals

Not sure which plan fits you?

Benefits of a Section 8 Microfinance Company

No RBI Registration*

No ₹5 Crore Capital

Separate Legal Entity

High Credibility

Tax & CSR Benefits

Legal Recovery Rights

Who Should Register a Microfinance Company?

NGOs & Social Entrepreneurs

SHG & JLG Promoters

Women & Rural Lending

Fintech & Startup Founders

Documents Required

For Directors & Members

For Registered Office

Apply with confidence

The Registration Process

Consultation & DSC

Name & DIN

MoA, AoA & Section 8 Licence

Incorporation Certificate

NITI Aayog, Software & Agreements

You're Ready to Lend

Section 8 Microfinance vs NBFC-MFI vs Nidhi vs Co-operative

Why Microfinance Founders Choose Us

Dedicated Experts

Transparent Pricing

End-to-End Filing

Software + Compliance

Vakilkaro in News

From Zero to ₹4 Crore: The Heart and Hustle of Vakilkaro

Beyond Legal Consultancy: How Vakilkaro's Strategic Legal-Tech Model Is Shaking Up the Business World

लीगल कंसल्टेंसी से कहीं आगे, 'वकीलकरो' के स्ट्रैटेजिक लीगल-टेक मॉडल ने बिज़नेस जगत में मचाई हलचल

तीन पुरानी टेबलों से ₹4 करोड़ तक: जयपुर की वकीलकरो की बूटस्ट्रैप्ड उड़ान, अब नज़र IPO पर

What Our Clients Say

Frequently Asked Questions

Ready to start your Section 8 Microfinance Company?

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