Is Canbank Factors Limited registered with RBI?

Canbank Factors Limited appears on the RBI NBFC-BL list as on June 30, 2024. Status can change—confirm on rbi.org.in before transacting.

Can this NBFC accept public deposits?

RBI extract shows public deposit CoR: No. Deposits remain subject to RBI limits even when permitted.

Does esi.in recommend this NBFC?

No. esi.in publishes educational directory information only—not credit ratings, loan offers, or investment advice.

Canbank Factors Limited — RBI NBFC-BL NBFC (Factor)

About this NBFC

Canbank Factors Limited is profiled on esi.in Finance to help Indian learners and households understand RBI-regulated lenders before they borrow or invest. We combine public registration fields with plain-language context—not a loan solicitation.

Factor NBFCs buy receivables or provide invoice discounting—useful when businesses wait on customer payments.

Compare products using our factoring and business finance guides and free calculators before you sign any agreement.

Registration snapshot (June 30, 2024)

Legal name

Canbank Factors Limited

Layer

Base Layer NBFCs (NBFC-BL)

NBFC-BL

Classification

Factor

factoring and business finance

RBI regional office

Bengaluru

CIN

U85110KA1991PLC011960

Public deposits CoR

No

Registered address

#67/1 Kanakapura Main Road Bengaluru (Bangalore) Urban Karnataka 560004

Email (public list)

canfact.bgl@canbankfactors.com

What borrowers and investors should check

Live RBI status: Names and layers change—download the current master list on rbi.org.in.
Total cost of credit: Compare APR, processing fee, and foreclosure charges across banks and NBFCs.
Grievance channel: Note the NBFC's nodal officer before you disburse funds.
Credit bureau impact: EMIs usually report to CIBIL/Experian; defaults affect future loans.

Related on ESI Finance

Finance hub Factoring And Business Finance Product guide Bengaluru list EMI calculator Loan eligibility estimator Prepayment calculator

FAQs

Is Canbank Factors Limited registered with RBI?: Canbank Factors Limited appears on the RBI NBFC-BL list as on June 30, 2024. Status can change—confirm on rbi.org.in before transacting.
What type of NBFC is Canbank Factors Limited?: RBI classifies it as Factor (factoring and business finance). Factor NBFCs buy receivables or provide invoice discounting—useful when businesses wait on customer payments.
Can this NBFC accept public deposits?: RBI extract shows public deposit CoR: No. Deposits remain subject to RBI limits even when permitted.
Does esi.in recommend this NBFC?: No. esi.in publishes educational directory information only—not credit ratings, loan offers, or investment advice.

Disclaimer: RBI list as on June 30, 2024. esi.in (Elevate. Scale. Inspire.) is not affiliated with RBI or Canbank Factors Limited. Verify registration before financial decisions. Not financial advice.