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A Microfinance Company is a type of financial institution that offers small loans and other forms of credit to its customers. Such financial institutions will lend to SMEs and other types of businesses that are unable to obtain credit from banks. For Microfinance Company Registration in India, there is a requirement of minimum paid-up capital of INR 5 crores and in case of the North-East region of India, the minimum paid-up share capital requirement is INR 2 Crore only.
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