EMI দেবো না, আপনি যা পারবেন করে নিন: Microfinance & Bank এর Recovery Full Policy ?

Описание: In this video, we explain what happens if someone refuses to pay EMI and says: “I will not pay EMI, do whatever you can.” Many people say this out of frustration, but they do not understand how the Banking Recovery Policy and Microfinance Recovery Policy actually work.
In this video you will learn:
• What banks can legally do if EMI is not paid
• How microfinance companies recover loan payments
• RBI guideline-based recovery process
• What problems borrowers may face after loan default
• Difference between bank loan recovery and microfinance recovery
• Legal notice, civil recovery process, and borrower responsibility


Micro Finance Company Registration. How to get microfinance registration Microfinance can be done through Section 8 companies which are licensed by the Central Government. It does not require any approval from Reserve Bank of India. All the work that can be done through NBFC i.e. non banking financial company, all the work can be done through micro finance of section eight company. His whole process is discussed. Section eight companies are registered under four categories namely Health, Education, Investment and Emergency Relief. A second option can be microfinance. There is a possibility of getting NBFC license in the future by doing micro finance when you have a business of 2 crore rupees then you have to apply to RBI.

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What is a microfinance company? Microfinance companies are institutions that provide short-term, low interest, collateral-free loans to small and medium-sized businesses, so that adequate funding is available for them in any situation. Apart from this, there are many other benefits of microfinance companies, such as fast track loan approval without any paperwork, quick disbursal of loan after approval, and, apart from investment loan, providing many other types of loans, such as emergency loan, home loan, working capital loan, etc. about microfinance company registration process in india in hindi

In this video, we have discussed these points in detail.

Meaning of Microfinance Company

Benefits of Microfinance Company

Minimum Requirements for Setting up a Microfinance Company, and

All Necessary Documents Along with the Process of Microfinance Company Registration

How to do Microfinance Company Registration?

Microfinance companies can be set up either as a non-banking financial company or a section 8 company. To set up such an establishment, you will have to obtain licensnid registration from ROC, the complete process of which, required documents, and minimum conditions are explained in detail in this video. Watch the video till the end for complete information on Microfinance Company Registration Process!

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