The NBFC registration process involves several key steps, including incorporating your company under the Companies Act, 2013, and ensuring it meets the minimum capital requirement of Rs. 2 Crores. You must prepare and submit necessary documents, including a detailed business plan, through the RBI's COSMOS portal. The RBI will then scrutinize your application, and upon approval, issue a Certificate of Registration, allowing your company to commence NBFC operations legally. Compliance with all regulatory guidelines and maintaining accurate documentation is crucial throughout this process.