NBFC Internal Audit (RBIA) due date — Risk Based Internal Audit
Also searched as: risk based internal audit for NBFCs · internal audit of NBFC · internal audit for NBFC and HFC · NBFC-INTERNAL-AUDIT
Quarterly risk based internal audit report placed before the audit committee. The Internal Audit Function Directions 2026 apply risk based internal audit to deposit-taking NBFCs and to others with assets of ₹5,000 crore or more, and set no quarterly report with a date, so Lawzer no longer raises one.
When it is due
Last day of the month, 1 month after quarter end — no longer owed for periods from 2026-07-01
If it is late: Supervisory action where the internal audit function is inadequate
- Due
- Last day of the month, 1 month after quarter end — no longer owed for periods from 2026-07-01
- Frequency
- Quarterly
- If it lapses
- Supervisory action where the internal audit function is inadequate
- Statutory reference
- Paras 3 and 25, Reserve Bank of India (Non-Banking Financial Companies - Internal Audit Function) Directions 2026
Where this date comes from
- The instrument
- Paras 3 and 25, Reserve Bank of India (Non-Banking Financial Companies - Internal Audit Function) Directions 2026
- The authority
- Reserve Bank of India
Mallah Software Services Private Limited has not independently verified this against the gazette. The citation above is the instrument this date is taken from, and it is exact enough for a professional to check. Inside Lawzer a company secretary or chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes. A date nobody has checked says so.
Who has to file it
Every one of these has to hold before NBFC Internal Audit (RBIA) binds an entity:
- RBI-registered NBFC
- Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL)
- Usually owned by:
- Accountant
- Typical effort:
- 6 hours
Common questions
- What is the due date of NBFC Internal Audit (RBIA)?
- Last day of the month, 1 month after quarter end — no longer owed for periods from 2026-07-01.
- Who has to file NBFC Internal Audit (RBIA)?
- It applies to RBI-registered NBFC and Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL).
- What is the penalty for filing NBFC Internal Audit (RBIA) late?
- Supervisory action where the internal audit function is inadequate
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.