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HousingFinance Company Registration

A Housing Finance Company is an entity which is registered under the provisions of the Companies Act, 2013 or previous company law.

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Housing Finance Company Registration overview

A Housing Finance Company is a finance company registered under the Companies Act, 1956. The principal business of Housing Finance Company is to provide finance for the acquisition or construction of houses that include the development of plots of lands for the construction of new houses.Housing Finance Company is treated as one of the categories of Non-Banking Financial Companies (NBFCs) for regulatory purposes.

What Are The Benefits Of Housing Finance Company Registration?

(1) Provide Housing Loans to Individuals

(2) Provide Housing Loans to Companies

(3) Redevelopment

What is the Procedure of Housing Finance Company Registration

(1) First the applicant has to download the application form for Housing Finance company registration

(2) All the documents have to be attached along with the application. The demand draft in Favour of the NHB also must be attached

(3) The NBH would check the authenticity of the application. If the documents provided are sufficient then the NBH would go ahead and register the housing finance company

Documents Required For Housing Finance Company Registration?

(1) Copy of MOM/AOA.

(2) Details regarding the company's profile.

(3) Board Resolution stating the Company’s objective and approval to record application before National Housing Bank.

(4) Business profile of CEO or Directors or MD, etc

(5) Details of Company which directors are related

FAQs

(1) What is Housing Finance Company Registration?

(2) Can a company take housing loan?

(3) Is housing finance company a NBFC?

(3) Are Housing Finance companies regulated by RBI?

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