NIC Code for an NBFC / Lending Company

For a company carrying on lending or credit-granting business, the NIC-2008 code in SPICe+ Part A is 64920 — “Other credit granting.” Selecting this code does not itself authorise lending — RBI registration as an NBFC is a separate, mandatory approval.

Recommended NIC‑2008 codes for a NBFC / Lending Company

Select up to three of these as your industrial sub‑classes in SPICe+ Part A, with one marked primary. Open any code in the full finder for the sample MOA object clause and related codes.

Code	Description (official NIC‑2008 wording)	Notes
64920	Other credit granting	Needs a regulator's approval first.
64910	Financial leasing	Needs a regulator's approval first.
66190 Seen on a real filing	Activities auxiliary to financial service activities n.e.c.	Needs a regulator's approval first.
66220	Activities of insurance agents and brokers	Needs a regulator's approval first.
66301	Management of mutual funds	Needs a regulator's approval first.
66309	Management of other investment funds	Needs a regulator's approval first.

64920 is the core code for a lending/NBFC business. 64910 (financial leasing) applies specifically to asset-leasing NBFCs. 66190 (“activities auxiliary to financial service activities n.e.c.”) is the broader fintech catch-all — this firm has seen it on a real filing for a fintech company that is not itself a licensed lender but supports financial services (payments-adjacent, advisory, or platform activity).

Two points that matter more here than for most other activities: first, RBI NBFC registration (or confirming the activity falls within an exempted category) is required before the company can actually commence lending — the NIC code selection at SPICe+ stage does not grant this. Second, an NBFC-type activity, including investment in securities of a body corporate, is generally not permitted for a One Person Company under the Companies (Incorporation) Rules — a lending business should normally be structured as a Private Limited company, not an OPC. Confirm both points with your CA/CS before filing.

Before you file

The proposed company name and the MOA main‑objects clause should both be consistent with the NIC activity and description.
You may list up to three NIC‑2008 five‑digit sub‑classes; mark one as primary. Real filings this firm has checked almost always carry 2–3, not one.
Use NIC‑2008, not NIC‑2025 — MCA has not adopted NIC‑2025 for SPICe+ as of 2026.
If a result above carries a regulator flag (RBI / SEBI / IRDAI) or an OPC caveat, resolve that before choosing your company type and filing.

Full NIC code guide for company registration — the finder, the portal-quirk note and the complete FAQ →

FAQ

Does selecting NIC code 64920 register the company as an NBFC?

No. The NIC code only declares the proposed activity to the Registrar. Actually carrying on lending business needs separate registration with the Reserve Bank of India (or confirmation the activity is exempt) before commencing operations.

Can an NBFC be registered as a One Person Company?

Generally no — NBFC-type activity, including investment in securities of a body corporate, is excluded for OPCs under the Companies (Incorporation) Rules. A lending or investment business is normally structured as a Private Limited company instead.

What is the NIC code for a fintech company that is not itself a lender?

66190 (activities auxiliary to financial service activities) fits a fintech platform, payments-adjacent or financial-advisory business that supports financial services without itself lending or taking deposits — seen on a real company filing for exactly this profile.