1. A Brief Write up of Activities of Applicant & Nature of Business covering following
- Brief Background & Previous Experience of Promoters
- Nature of Business and Key Areas of Activities carried on by Company
2. Confidential Report in CIR Format.
3. Copy of License under Shop Act.
4. Certificate for Registration of a Company
5. Copy of Memorandum of Association covering the main object to act as Full Fledged Money Changer
6. Latest Audited Balance Sheet
7. Declaration and Undertaking as prescribed under the Application.
8. CA Certificate for net Owned Fund
Single branch FFMCs shall have net owned funds not less than Rs. 25 lakh while FFMCs intending to operate through more than one branch will have to maintain net owned funds not less than Rs. 50 lakh.