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/ Fintech Lending Specialist · Updated 2026-10-22

Best CA for Fintech Lending / NBFC India 2026, NBFC licence + lending compliance specialist.

Fintech lending platforms + NBFCs face distinct regulatory stack beyond generic fintech: NBFC-ND / NBFC-SI / NBFC-MFI / NBFC-ICC licence framework, RBI lending guidelines, FLDG (First Loss Default Guarantee) framework, co-lending arrangements, Digital Lending Guidelines (September 2022), DPDP + financial sector overlay. Here's the BQP fintech lending framework.

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Written by CA Durgesh Chavda

Chartered Accountant (ICAI) · Founder, Bharat Quantum Prospera · US incorporation, India-US DTAA, FEMA ODI, NRI taxation, cross-border structuring · LinkedIn

/ The lending regulatory stack

Specific layers.

  • NBFC licence category: ND (Non-Deposit taking), SI (Systemically Important), MFI (Microfinance), ICC (Investment and Credit Company), AFC (Asset Finance Company), ICNBFC (Infrastructure Finance).
  • Minimum net worth: INR 2-10 crore depending on category.
  • RBI Scale-Based Regulation (SBR) framework: NBFC-ML (Middle Layer) / NBFC-UL (Upper Layer) classification + specific requirements.
  • Digital Lending Guidelines (September 2022): disclosure + fair practices + first-loss default guarantee (FLDG) framework + collection mechanisms + grievance redressal.
  • Co-lending arrangements: NBFC + Bank co-lending framework specific regulatory structure.
  • Priority sector lending obligations for banks + NBFC-MFI classification for microfinance.
  • Capital adequacy ratio (CAR) + Tier 1 / Tier 2 capital.
  • Asset classification + provisioning (NPA framework).

/ Our scope for fintech lending

Complete offering.

  • NBFC licence application + category selection + 6-12 month RBI approval process.
  • Scale-Based Regulation (SBR) classification + ongoing compliance.
  • Digital Lending Guidelines compliance + FLDG framework structuring.
  • Co-lending agreement + regulatory structuring with partner bank.
  • Loan book accounting + Ind AS 109 Expected Credit Loss (ECL) model.
  • Capital adequacy + provisioning + NPA framework.
  • DPDP + sector overlay for borrower data.
  • Account Aggregator (AA) integration as FIU.
  • Section 194A TDS on interest paid to depositors (if applicable).
  • GST 18% on service fees + ITC optimisation.

Last updated: 2026-10-22.

/ Ready when you are

Fintech lending / NBFC startup?

NBFC licence + Digital Lending Guidelines + FLDG + co-lending + Ind AS 109 ECL + capital adequacy. BQP specialist practice.

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FAQ

Common questions, answered.

What's the minimum net worth for NBFC licence?
Varies by category: NBFC-ND INR 2 crore minimum; NBFC-MFI INR 5 crore (urban) / INR 2 crore (rural); NBFC-ICC INR 2 crore. Scale-Based Regulation (SBR) framework may require higher net worth for Middle Layer / Upper Layer NBFCs.
What's Digital Lending Guidelines September 2022?
RBI framework for digital lending by NBFCs + banks + regulated entities. Key provisions: borrower disclosure, grievance redressal, Loan Service Provider (LSP) + Lending Service Provider (LSP) categories, First Loss Default Guarantee (FLDG) restrictions, data privacy + storage, collection mechanisms.
What's co-lending framework?
RBI framework (2020) allowing NBFCs + banks to jointly originate loans with pre-defined risk sharing. Bank funds priority sector lending via NBFC's distribution. Specific accounting + regulatory requirements per co-lending agreement.
Does BQP handle NBFC licence application + ongoing compliance?
Yes - specialist fintech lending practice. NBFC licence (ND / SI / MFI / ICC / AFC / IFC) application + 6-12 month RBI approval + Digital Lending Guidelines + FLDG + co-lending structuring + Ind AS 109 ECL model + capital adequacy + ongoing compliance. WhatsApp +91 78018 87130.

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