A Micro Finance Company (MFI) is a financial institution that provides small loans and other financial services to low-income individuals or groups who do not have access to formal banking. It plays a crucial role in financial inclusion and women empowerment across rural and semi-urban India.
You can register a Micro Finance Company as a Section 8 Company under the Companies Act, 2013, without needing RBI approval. With TDS CAPITAL, you can incorporate your MFI online in a hassle-free way with expert guidance from our legal and financial team.
Benefits of Micro Finance Company Registration:
Register Your MFI Online in India with TDS CAPITAL
A Micro Finance Company (MFI) allows individuals to lend small loans without collateral to the poor and self-employed. It helps in empowering small businesses and rural entrepreneurs.
Micro Finance Companies work towards uplifting low-income sections of society.
Section 8 MFIs can operate legally without RBI licensing requirements.
Eligible for tax benefits under 12A and 80G registrations.
The MFI has a distinct legal identity and perpetual existence.
Eligible for CSR funding, grants, and donations for social projects.
Members are protected from personal liability beyond their investment.
