What Services And Products Do Non-Banking Financial Companies Offer?

Diverse Financial Services Offered by Non-Banking Financial Companies (NBFCs) 

1. Loans and Advances: NBFCs offer a variety of loans and advances, including personal, business, vehicle, consumer durables, housing, and gold loans.

2. Leasing and Hire Purchase: NBFCs engage in leasing and hire purchase activities, providing businesses and individuals with the option to lease or hire assets such as machinery, equipment, and vehicles.

3. Investment and Advisory Services: Some NBFCs offer investment products and advisory services, including mutual funds, portfolio management, and financial planning.

4. Microfinance: Certain NBFCs specialize in microfinance, providing small loans and financial services to low-income individuals and micro-entrepreneurs.

5. Insurance Products: Some NBFCs offer insurance products, including life insurance, general insurance, and health insurance. 

6. Foreign Exchange Services: NBFCs may provide foreign exchange services, including currency exchange, international money transfers, and forex trading.

7. Payment Services: Some NBFCs offer payment services, such as prepaid cards, mobile wallets, and other electronic payment solutions.

8. Venture Capital and Private Equity: Certain NBFCs, particularly those focused on the capital markets, may engage in venture capital and private equity investments.

9. Debentures and Bonds: NBFCs may issue debentures and bonds to raise capital from the market. Investors can invest in these fixed-income securities.

10. Factoring and Discounting of Bills: NBFCs may provide factoring services, helping businesses manage their receivables by purchasing their outstanding invoices at a discount.

11. Merchant Banking: Some NBFCs offer merchant banking services, including managing initial public offerings (IPOs), underwriting, and facilitating corporate restructuring.

12. Asset Management: Certain NBFCs manage and administer mutual funds, helping investors diversify their portfolios.

13. Real Estate Financing: NBFCs may offer financing for real estate projects, including housing and commercial developments.

14. Pension Fund Management: NBFCs may be involved in pension fund management, providing individuals with retirement planning solutions.

15. Credit Rating Services: Some NBFCs may offer credit rating services, assessing the creditworthiness of companies and debt instruments.