SECTION 8 MICROFINANCE REGISTRATION – STEP-BY-STEP PROCESS

A Section 8 Microfinance Company is a popular legal structure for starting a micro-lending business with a social objective in India. Unlike traditional NBFCs, a Section 8 Company does not require RBI approval to operate, making it an easier and more affordable option for those aiming to offer financial services to low-income groups, women, and rur