Eligibility Criteria for Housing Finance Company Registration

If you’re looking to start a Housing Finance Company (HFC), it’s essential to understand the eligibility criteria before you begin the HFC registration process. First, your company must be registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI). You will also need to have a minimum of Rs. 20 crores in net owned funds. Additionally, your company should be registered under the Companies Act, 2013 or 1956. Finally, the primary focus of your business must be on financing housing and related activities.