On September 23, 2025, the Reserve Bank of India issued a press release regarding the voluntary surrender of the Certificate of Registration (CoR) by NBFCs (including HFCs) for cancellation. This includes an application form and indicative checklist. This follows a previous press release dated December 01, 2022, on the same subject.
Applications can be submitted through the PRAVAAH portal launched on May 28, 2024. NBFCs/HFCs can upload the application form along with required documents as per the checklist.
Submission of the application does not guarantee cancellation of CoR. The NBFC/HFC must continue to adhere to RBI/NHB guidelines and submit regulatory/supervisory returns until the Reserve Bank communicates the cancellation decision.
Contact Information:
Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in
Press Release Number: 2025-2026/1151. Contact: Puneet Pancholy, Chief General Manager.
Key Entities Referenced
NBFCs (including HFCs): Non-Banking Financial Companies, including Housing Finance Companies, are the primary entities affected by the policy regarding voluntary surrender of Certificate of Registration (CoR).
Certificate of Registration (CoR): A document required for NBFCs and HFCs. This policy concerns the voluntary surrender of this certificate.
PRAVAAH portal: Online portal for regulatory approvals and clearances, relevant for the process of voluntarily surrendering the CoR.
Reserve Bank of India: The regulator issuing the policy and responsible for the process of voluntary surrender of Certificate of Registration by NBFCs and HFCs.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
September 23, 2025
Voluntary Surrender of CoR by NBFCs (including HFCs) for cancellation –
Application form and Indicative checklist
The Reserve Bank had issued a press release dated December 01, 2022, on
Voluntary Surrender of Certificate of Registration (CoR) by NBFCs (including HFCs)
for cancellation enclosing application form and indicative checklist.
The Reserve Bank has since launched the PRAVAAH portal on May 28, 2024, to
make it convenient for any individual or entity to apply online for various regulatory
approvals and clearances in a seamless manner. As the application for voluntary
surrender of CoR for cancellation is available in the said portal, the applicant NBFC
(including HFCs) may upload the application form along with the documents
complete in all respects as indicated in the checklist.
It may be noted that mere submission of application with documents by a
company cannot be treated as cancellation of CoR. The NBFC/HFC needs to
continue adhering to the guidelines/instructions issued by the RBI/NHB/other
competent authority, etc. and also continue submitting requisite
regulatory/supervisory returns, as applicable, until the CoR is cancelled and the
decision is communicated by the Reserve Bank to the entity concerned.
(Puneet Pancholy)
Press Release: 2025-2026/1151 Chief General Manager