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On June 30, 2026, the Reserve Bank of India (RBI) updated its application form and indicative checklist for non-banking financial companies (NBFCs), including housing finance companies (HFCs), seeking voluntary surrender of their Certificate of Registration (CoR) for cancellation. The RBI initially announced the availability of the voluntary surrender application form and checklist on September 23, 2025, through the PRAVAAH portal. Following the issuance of the Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026, dated April 29, 2026, regarding Unregistered Type I NBFCs, the RBI revised both documents to reflect regulatory changes. Applicant NBFCs and HFCs must now submit the updated application form along with all requisite documents as specified in the revised checklist through the PRAVAAH portal. The RBI emphasised that submission of an application with supporting documents does not constitute automatic cancellation of an NBFC's or HFC's CoR. Until the RBI formally communicates cancellation of the CoR to the entity, NBFCs and HFCs must continue to comply with all applicable RBI guidelines and instructions, as well as those issued by the National Housing Bank (NHB) and other competent authorities. These entities must also continue submitting all requisite regulatory and supervisory returns as applicable during the pendency of their voluntary surrender application. The updated application form and checklist are available on the PRAVAAH portal for NBFCs and HFCs intending to voluntarily surrender their registration.