As per the directives of the RBI, an NBFC (Non-Banking Financial Company) must have a minimum net-owned fund of:

According to Section 45-IA of the RBI Act, 1934, the initial statutory minimum Net Owned Fund (NOF) required for the commencement or carrying on the business of a non-banking financial institution was set at $\text{Rs }25\text{lakhs}$ (which was later revised upwards to $\text{Rs }2\text{crore}$ for new companies to strengthen financial stability). Based on the traditional options provided, $\text{Rs }25\text{lakhs}$ represents the baseline legal floor.