Housing Finance Company (HFC) Registration in India
Start Your Housing Finance Business
RBI Licensed HFC
- Starting @
₹69,999
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Complete RBI Application. Expert CA/CS Team. 100% Success Record.
HFC License Application
Housing Finance Business Plan
₹25 Crore Capital Planning
RBI COSMOS Portal Filing
Complete Documentation
Post-Registration Compliance
Expert Consultation in Minutes
What Sets Us Apart
25+ HFCs Registered
100% RBI Approval Rate
Expert HFC Specialists
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Companies Incorporated
Successfully incorporated across India
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Years of Experience
Serving businesses since 2020
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Siddhu ManojFounder & CEO of Two-LYP Computations Pvt. Ltd.
“Incorporating my Startup with IncorpX was an incredibly smooth and hassle-free experience. The team was highly professional, guiding us every step of the way with clear communication and prompt support. The registration process was fast, and every detail was handled with precision and accuracy. Highly recommend IncorpX for anyone starting a business.”
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“Company is good and service is also smooth. I used their compliance service and the response was timely with no delay and price are also convenient. They are always available to cater your need.”
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Anoop KrishnanFounder of EIGHTH DAY FORGE
“It's rare to find a service provider who makes the process feel personal - IncorpX absolutely did. From day one, they patiently explained every detail without any jargon, making it easy to understand and stress-free. There was zero chasing, no delays-just efficient, smooth execution all the way through. I felt supported, heard, and confident at every step of registering my company EIGHTH DAY FORGE (OPC) Private Limited. Thanks to Mr. Sriram and his wonderful team.”
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“IncorpX made the entire registration process for our company, EKnal Technologies, smooth and stress-free. Their team was professional, efficient, and incredibly supportive from start to finish. Highly recommend them to any founder looking for a reliable partner in their business journey! Special shoutout to Sriram and Aswin-your support, clarity, and responsiveness made the whole process incredibly smooth.”
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WHY CHOOSE US?
Expert Legal Team
Experienced legal experts in company formation and corporate law.
Fast Turnaround
Kickstart your venture with efficient company setup, generally processed within a week.
Dedicated Support
Personal manager by your side, every step of the way and beyond.
Complete Documentation
We handle all paperwork and ensure full legal compliance.
Business Growth Tools
Free business resources to fuel your company's success from day one.
24/7 Customer Service
Round-the-clock assistance for all your concerns.
Power the Dream of Home Ownership
Start your Housing Finance Company to help Indians achieve their dream of owning a home - Complete RBI registration support
HERE'S HOW IT WORKS
1. Fill the Form
Simply fill the above form to get started.
2. Call to discuss
Our startup expert will connect with you & complete legalities.
3. Get Your HFC License from RBI
Our experts handle the complete Housing Finance Company registration process from start to finish.
SIMPLE & TRANSPARENT PRICING
MOST POPULAR
HFC Registration Package
₹69999 /one-time
Complete within 7 days
7-day turnaround 100% guaranteed
HFC Eligibility Assessment
Company Incorporation (if needed)
₹25 Crore Capital Planning
Housing Finance Business Plan
Director Due Diligence
RBI Application Drafting
Document Compilation
COSMOS Portal Submission
RBI Query Handling
Post-Registration Support
*Government fees are additional and vary based on company structure
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IncorpX Prime
An all-inclusive solution for startups and expanding enterprises seeking a streamlined, compliant incorporation process.
Key Benefits
Personalised support from dedicated incorporation specialists.
Application prepared and filed within 2 days.
24/7 customer assistance.
Important Notes
We strive to register your preferred business name whenever feasible.
Alternative name suggestions are provided if the preferred name is not approved.
Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.
HOUSING FINANCE COMPANY REGISTRATION - AN OVERVIEW
A Housing Finance Company (HFC) is a specialized Non-Banking Financial Company that primarily engages in the business of housing finance. These companies provide loans for purchasing, constructing, renovating, or repairing residential properties, playing a crucial role in India's affordable housing mission.
Effective from August 9, 2019, the regulatory powers over HFCs were transferred from the National Housing Bank (NHB) to the Reserve Bank of India (RBI). All existing and new HFCs are now regulated under the RBI framework, requiring registration with RBI to carry on housing finance business.
The minimum Net Owned Fund (NOF) requirement for HFC is ₹25 crore (increased from ₹20 crore w.e.f. April 2024). Additionally, at least 60% of total assets must be towards housing finance to qualify as an HFC, with minimum 50% being individual housing loans.
At IncorpX, we provide comprehensive HFC Registration Services to help you establish a housing finance company with RBI approval. Our team of experienced Chartered Accountants and regulatory experts has successfully registered 25+ housing finance companies across India.
What is a Housing Finance Company?
A Housing Finance Company (HFC) is an NBFC whose principal business is providing finance for purchase/construction of residential houses. To qualify as an HFC, the company must meet specific asset composition requirements.
Key characteristics of HFC:
Asset Composition: 60% of total assets must be towards housing finance.
Individual Housing Loans: 50% of total assets must be individual housing loans.
Principal Business: Housing finance must be the primary activity.
Regulatory Authority: RBI (transferred from NHB in 2019).
Types of Housing Finance Loans:
Home Purchase Loans:
Loans for buying residential property.
Home Construction Loans:
Loans for building new houses on owned land.
Home Improvement Loans:
Loans for renovation and repairs.
Plot Purchase Loans:
Loans for buying land for house construction.
Important HFC Regulation!
HFCs are governed by RBI's Master Direction for HFCs. Failure to maintain 60% housing finance assets can result in classification as NBFC-ICC. HFCs also need to maintain specific CRAR ratios and comply with liquidity requirements like LCR.
What Are the Key Features of Our HFC Registration Service?
Our HFC Registration Services are designed for successful RBI approval. Here's what makes IncorpX your ideal partner:
1. HFC Specialization
Dedicated expertise in housing finance regulations and HFC-specific requirements.
2. Asset Planning
Expert guidance on maintaining 60% housing finance asset composition.
3. Business Plan
Comprehensive housing finance business plan as per RBI expectations.
4. Capital Planning
Guidance on ₹25 crore NOF requirement and fund source documentation.
5. Product Design
Assistance with home loan product structuring and documentation.
6. RBI Application
Complete application preparation and COSMOS portal submission.
7. CRAR Guidance
Capital to Risk-weighted Assets Ratio compliance support.
8. Policy Framework
Fair Practice Code, loan policy, and other required policies.
9. Query Handling
Expert response to RBI queries throughout the application process.
10. Post-Registration
Ongoing compliance support including returns and CRAR reporting.
Benefits of HFC Registration:
Starting an HFC offers unique advantages in India's growing housing market:
Housing Market Growth
Tap into India's rapidly growing housing finance market worth ₹30+ lakh crore.
Refinance Access
Access NHB refinance at competitive rates to fund your lending operations.
Government Support
Participate in PMAY and other affordable housing schemes for subsidy benefits.
Asset Security
Housing loans are secured by property, reducing default risk significantly.
Long-term Income
Housing loans are typically 15-30 years, ensuring steady long-term revenue.
Tax Benefits
Deductions available for lending to priority sector housing segments.
Build homes, build dreams!
HFC vs Banks - Key Differences:
Understanding how HFCs differ from banks helps in positioning your business:
Starting a housing finance company involves specific regulatory requirements. We've compiled answers to help you understand the HFC registration process.
These FAQs cover eligibility, capital requirements, asset composition, and compliance for housing finance companies.
A Housing Finance Company (HFC) is an NBFC whose principal business is providing loans for purchase, construction, renovation, or repair of residential properties. At least 60% of its total assets must be towards housing finance.
Since August 2019, Housing Finance Companies are regulated by the Reserve Bank of India (RBI). Earlier, they were regulated by the National Housing Bank (NHB). NHB continues to provide refinance support.
The minimum Net Owned Fund (NOF) for HFC is ₹25 crore (increased from ₹20 crore w.e.f. April 2024). This is higher than NBFC-MFI (₹5 crore) but lower than banks.
An HFC must maintain at least 60% of its total assets towards housing finance. Within this, at least 50% must be individual housing loans. Failure to meet this can result in reclassification.
HFCs can provide: Home purchase loans, home construction loans, home improvement loans, plot purchase loans, loans against property (within limits), and construction finance to builders.
HFCs can accept public deposits subject to RBI conditions. They need specific approval and must meet additional criteria including investment grade rating, CRAR compliance, and net profit requirements.
NHB (National Housing Bank) provides refinance to HFCs at competitive rates. This helps HFCs access cheaper funds for lending, especially for affordable housing segments under various NHB schemes.
Yes. Registered HFCs can participate in Pradhan Mantri Awas Yojana (PMAY) and provide credit-linked subsidy to eligible borrowers. This is a significant advantage for affordable housing focused HFCs.
HFC registration typically takes 6-9 months from application to license. The timeline depends on completeness of application, RBI's processing, and query response time.
Yes. An existing NBFC-ICC can convert to HFC by restructuring its portfolio to have 60% housing finance assets. The company must apply to RBI for change in category and meet all HFC requirements.
HFCs must maintain a minimum CRAR (Capital to Risk-weighted Assets Ratio) of 15%. This includes minimum Tier I capital of 10%. Higher CRAR may be required based on RBI assessment.
HFCs with asset size of ₹10,000 crore and above must maintain Liquidity Coverage Ratio (LCR) as per RBI guidelines. This ensures HFCs have sufficient liquid assets to meet short-term obligations.
Yes, but with limits. Loans against property (which are non-housing) cannot exceed 40% of total assets. HFCs must ensure the 60% housing finance asset composition is maintained.
Key documents include company incorporation documents, director KYCs, CA certificate for NOF (₹25 crore), housing finance business plan, IT infrastructure details, and policies (loan policy, FPC, recovery policy).
Yes, HFCs can provide construction finance to builders. However, such loans should be within the 60% housing finance composition. Individual housing loans must form at least 50% of assets.
If an HFC fails to maintain 60% housing finance assets, RBI may reclassify it as NBFC-ICC. The entity must comply with all NBFC-ICC norms and will lose HFC-specific benefits like NHB refinance.
There is no prescribed minimum tenure, but housing loans are typically 10-30 years. The tenure should be reasonable based on borrower's age, income, and loan amount to ensure repayment capacity.
Yes. HFCs must have their accounts audited by a Chartered Accountant annually. Additionally, concurrent audit and internal audit requirements apply based on asset size and deposit acceptance.
IncorpX's HFC registration package starts at ₹69,999 (excluding government fees and ₹25 crore capital). This includes complete application support, documentation, RBI liaison, and query handling.
Getting started is simple:
Contact us for initial consultation
We assess your housing finance vision and target market
Incorporate company and infuse ₹25 crore capital
Prepare and submit RBI application
Handle queries and obtain HFC license
Housing Finance Company Registration in various States
