Whether you need a fresh money lender licence application, licence renewal, multi-state registration, or compliance advisory under the Money Lenders Act — our specialists handle the entire process from documentation to approval. Serving individuals, firms, and companies across all Indian states.
Starting a money lending business? We handle the complete application process — from documentation to approval by the Revenue Department.
Licence expiring soon? We handle timely renewal applications to ensure uninterrupted lending operations.
Lending across multiple states? Each state requires a separate licence. We handle simultaneous filings across all states.
Companies, LLPs, partnership firms, and proprietorships engaged in lending need a valid licence — unless regulated by RBI.
Already licensed? We ensure your ongoing compliance — interest rate adherence, record-keeping, account statements, and annual filings.
Planning to lend against pledged goods? In most states, pawn brokers must obtain a money lender licence as well as a pawn broker licence.
Call or WhatsApp us. Share your business plan, state, and entity type. We assess eligibility and advise on the right licence.
Day 1We compile all documents — Form A, identity proofs, financials, business plan, NOC, and affidavits as per your state's requirements.
Days 2–7We file the application with the Tahsildar / District Collector / Revenue Department with all prescribed fees and annexures.
Days 7–14Authorities conduct background checks and premises inspection. We coordinate and ensure all requirements are met.
Days 14–60Upon successful verification, the Revenue Department issues your money lender licence. We hand over the certificate with compliance guidance.
Days 60–120We expedite your application with complete, error-free documentation — reducing back-and-forth with authorities and cutting processing time significantly.
Our team specialises in state-wise Money Lenders Acts — from Tamil Nadu and Maharashtra to Delhi and Karnataka. We know every requirement inside out.
Our meticulous documentation and eligibility assessment process ensures near-certain approval. We don't file until your application is airtight.
We handle money lender licence applications in every Indian state and union territory — including simultaneous multi-state filings for businesses operating pan-India.
Clear, upfront fee quotes before engagement. 15-minute complimentary consultation to assess your requirements and provide an accurate cost estimate.
From initial application to annual renewal and ongoing compliance — we stay with you throughout your money lending business journey.
A Money Lender Licence is a legal permit issued by the State Government under the applicable Money Lenders Act. It authorises individuals or firms to carry on the business of advancing loans within a specific area. Operating a money lending business without a valid licence is illegal and can result in fines, imprisonment, and — most critically — loss of the right to recover loans through courts. The licence is typically issued by the Revenue Department, Tahsildar, or District Collector.
Any individual or firm engaged in the business of advancing loans — meaning continuous lending activity with a profit motive — needs a money lender licence. This includes proprietorships, partnership firms, LLPs, and companies lending money as a business activity. However, entities regulated under other central laws — such as NBFCs registered with RBI, banks, insurance companies, and co-operative societies — are exempt from state money lending licence requirements.
Documents commonly required include: Application Form (Form A from the DM/SDM/Tahsildar office), identity proof (Aadhaar, PAN), address proof, passport-size photographs, three specimen signatures, financial statements (bank statements, balance sheet, ITR for last 3 years), a detailed business plan, NOC from landlord if premises are rented, character certificate, and prescribed government fees. Specific requirements vary by state — our team ensures you submit the complete set for your jurisdiction.
The licence is typically granted by the Revenue Department within 3 to 4 months from the date of complete application submission. Processing time depends on the state, completeness of documentation, and time taken for premises inspection and background verification. With our fast-track processing, we minimise delays by ensuring error-free applications and proactive follow-up with authorities.
Penalties vary by state but are severe. Maharashtra prescribes imprisonment up to 5 years under the 2014 Money-Lending (Regulation) Act. Tamil Nadu's 2025 Act prescribes imprisonment up to 3 years and fine up to ₹1 lakh. Karnataka imposes imprisonment up to 3 years and fine up to ₹30,000 for charging exorbitant interest. Across all states, the most critical consequence is that unlicensed money lenders cannot file any suit or recover loans through courts.
No. Money lending is a State List subject under the Indian Constitution. Each state has its own Money Lenders Act, and a licence issued in one state does not permit lending in another. If you operate across multiple states, you must obtain separate licences in each state where you carry on lending business. Our multi-state registration service handles simultaneous filings across all required states.
Yes. Most state Money Lenders Acts either fix maximum interest rates directly or empower the State Government to prescribe them. For example, Karnataka caps interest at 18% per annum under the Prohibition of Charging Exorbitant Interest Act, 2004. Charging interest above the prescribed rate is a criminal offence in many states. Your licence conditions will specify the applicable rate cap — our compliance team ensures you stay within legal limits.
Government fees are nominal — typically ranging from ₹100 to ₹5,000 for application and licence fees depending on the state. Professional consultancy fees for documentation, filing, and follow-up depend on the state, complexity, and number of states involved. Regalwhiz offers transparent, upfront pricing with no hidden charges. Call us for a complimentary 15-minute consultation and accurate cost estimate for your specific requirements.
Operating a money lending business without a valid licence puts you at risk of imprisonment, fines, and loss of all recovery rights. Our specialists handle the complete application process across all Indian states. Call now — 15-minute consultation to assess your requirements.