NBFC Annual Compliance

NBFC Annual Compliance

Every NBFC licensed by RBI must meet yearly regulatory, financial, governance, and reporting obligations. These filings maintain eligibility, protect the licence, and show the company is operating responsibly. Missed deadlines or incomplete disclosures can lead to penalties, restrictions, or heavier scrutiny.

We help NBFCs complete their annual compliances accurately, on time, and audit-ready.

What’s Included

RBI Compliance

  • Annual NBS returns and certificates

  • Statutory auditor reports and confirmations

  • Monitoring NOF, leverage, exposure norms, and provisioning

  • Reviewing policy updates and circular implementation

Company Law Filings

  • AOC-4 and MGT-7/MGT-7A

  • DIR-3 KYC and ADT-1

  • AGM documentation, minutes, registers, resolutions

Tax & Financial Compliance

  • Statutory audit coordination

  • Income tax return filing

  • TDS and GST filings, if applicable

  • Accounting and financial statement preparation

Governance Review

  • KYC/AML, Fair Practice Code, credit and risk policies

  • Grievance redressal mechanism and disclosures

  • Board composition, committees, and meeting compliance

Key Annual Deadlines (Indicative)

  • AGM – within statutory period

  • AOC-4 – within 30 days of AGM

  • MGT-7 – within 60 days of AGM

  • DIR-3 KYC – annually

  • RBI annual reporting – as per return type and schedule

(Actual dates may vary based on RBI and MCA notifications.)

Documents Generally Required

  • Audited financial statements and board report

  • Shareholding and director details

  • RBI filings and previous compliance records

  • Policy documents, minutes, registers, disclosures

  • Tax filings, challans, and transaction data

Why Annual Compliance Matters

  • Protects NBFC licence and regulatory status

  • Avoids penalties, compounding, and inquiries

  • Maintains credibility with banks, investors, and partners

  • Improves governance, transparency, and risk control

  • Keeps the company inspection-ready

Frequently Asked Questions

1. Is annual compliance mandatory for every NBFC?

Yes, regardless of revenue, size, or activity level.

 

2. Does statutory audit apply even if the NBFC didn’t lend?

Yes. Every NBFC must undergo annual audit.

 

3. Are RBI and ROC compliances separate?

Yes. Both must be completed independently.

 

4. Can an NBFC delay filings without penalty?

No. Late filings attract additional fees and potential regulatory action.

 

5. Do fintech NBFCs have extra requirements?

Often yes—outsourcing, IT, and customer-protection compliance.