Register Micro finance Company at Rs. 10,000/- only
Eligibility/requirement For Micro- Finance Company :
- Minimum 1 Directors,
- Minimum 1 Shareholders,
- All Persons Should Hold Pan Card.
- Min One Person should be Resident in India
Advantages of Micro Finance Company:
- No Minimum Capital of Rs 5 Crore
- No RBI Approval
- Provides a Way to Funding
- Offers reasonable services for small businesses
- Minimum Compliances
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