NSIC Registration

NSIC Registration price starting at INR 14999/- only.

Rs. 14999 /- only
About NSIC NSIC Function Documents Required NSIC Points NSIC Advantage NSIC Process NSIC Criteria

What is NSIC Registration?

NSIC registration stands for National Small Industries Corporation. It is a government organization that provides support to the small scale industries in India. It provides services such as registration, marketing, and financial assistance.

Functions of NSIC certificate registration?

A National Small Industries Corporation (NSIC) certificate registration is an essential document required to obtain multiple benefits from the government. The following are the functions of an NSiC certificate registration:

It allows businesses to access credit easily and at a lower rate of interest.

It allows businesses to access government-subsidized loans and grants.

It gives businesses access to government-subsidized marketplaces for their products.

It enables businesses to avail tax exemptions and other benefits.

It allows businesses to take part in the Government of India’s export promotion schemes. 

It provides businesses with access to the MSME Development Institute’s training and consultation services.

It enables businesses to avail the services of the MSME Clusters and Technology Centres.

It provides businesses with access to the government’s procurement schemes.

Documents Required for NSIC Registration

The documents required for NSIC Registration are as follows: 

  • Proof of identity such as PAN card, Aadhar card, Voter ID card, etc. 
  • Bank certificate or statement mentioning the current account of the applicant.
  • Photographs of the applicant.
  • Certificate of Incorporation.
  • Memorandum of Association.
  • Articles of Association.
  • Certificate of Commencement of Business .
  • List of Directors and authorized signatories.
  • Details of the products and services to be provided.
  • Certificate from Chartered Accountant .
  • Statement of Accounts.
  • Statutory declaration as per the Specified format of NSIC.
Important Points

What are the important points of NSIC Registration?

What is the history of NSIC?

The National Small Industries Corporation (NSIC) was established in 1955 and is a Government of India organization. It is an ISO 9001-2015 certified company and is a Mini Ratna and a Schedule B Central Public Sector Enterprise. The NSIC provides support to micro, small and medium enterprises through marketing, technology, finance and other services. It also operates a variety of schemes to promote, develop and strengthen small and medium enterprises in India.

Who should apply for NSIC?

The NSIC Certificate is issued by the National Small Industries Corporation (NSIC). Any business, whether it is a sole proprietorship, partnership, or a limited liability company, which is considered a small-scale industry according to the rules and regulations of the Indian Government, can apply for the NSIC Certificate. The application process requires the submission of the required documents and fees to the NSIC.

Eligibility Criteria

The eligibility criteria for NSIC Registration includes being a manufacturer, exporter, service provider, and trading company. Additionally, the company must be registered as a sole proprietor, partnership, or a private/public limited company. The company must have the necessary certifications and registrations required by the respective industry it’s operating in. The company should have minimum two years of trading experience, and it should not be related to any industrial activities that are prohibited by the government.

Advantages

 Advantages of NSIC Registration?

  • It provides legal recognition and protection to the signatory parties. 
  • It helps to avoid fraudulent activities, since all the transactions must be certified by an authorised signatory. 
  • It also helps to reduce the burden of paperwork, as digital signatures can be used to authenticate documents. 
  • It is much more secure than traditional signing methods, as the digital signature is unique to the individual. 
  • It helps to save time and money, as the signatories need not be physically present to sign a document. 
  • It also helps to increase efficiency and accuracy, as the documents can be signed and authorised quickly.
What is the process to apply for NSIC registration certificate online?

The process to apply for NSIC certificate registration is as follows: 

Step First

  • Fill the online application form available on the National Small Industries Corporation (NSIC) website.
  • Upload the required documents while filing the application form.

Step Second

  • Submit the duly filled application form and the documents.
  • Once the application is submitted, an acknowledgement letter will be issued by NSIC.

Step Third

  • The application will be examined by the NSIC team, and if found eligible, the applicant will be issued a permanent registration certificate. 
  • The permanent registration certificate will be valid for a period of three years.
Validity

Validity of NSIC Registration

Validity of NSIC certificate

The validity period of an NSIC certificate depends on the type of NSIC certificate issued. Generally, the validity for NSIC registration is for a period of three years from the date of issue of the certificate. The validity period may be extended by the NSIC on an annual basis.

What is provisional NSIC certificate?

A Provisional NSIC Certificate is an official document issued after a supplier is approved to participate in the National Small Industries Corporation's (NSIC) registration scheme. It is an important document that proves the legitimacy of a supplier and is necessary for them to participate in any government tenders.

Single point registration scheme?

NSIC registration is a registration process for MSMEs (Micro, Small and Medium Enterprises) with the National Small Industries Corporation Limited(NSIC). The Single Point Certificate Registration Scheme is a scheme in which the MSMEs can avail several benefits such as access to Government Tenders, Interest Subsidy, Credit Rating, etc.

Time Required

The time for the procurement of the NSIC certificate can vary depending on the documents and information required to complete the process. Generally, it takes 15-30 working days to procure the certificate after all documents have been submitted and verified.

What are the functions of NSIC certificate registration?

The National Small Industries Corporation (NSIC) is a government body which provides a registration facility to small and medium industries as well as exporters. This registration facility provides the following benefits:

Eligibility Criteria for NSIC certificate registration

  • The business must be a small-scale or medium enterprise as defined by the Government of India.
  • The business must have been in operation for at least one year.
  • The business must be located in India.
  • The business must have a valid tax identification number.
  • The business must have a valid bank account and a turnover of at least Rs. 5 lakhs per annum.
  • The business must have a GSTIN and other relevant paperwork.
  • The business must have a valid certificate of registration with the State/Central Government.

Functions of NSIC certificate registration?

  • Access to finance from banks and financial institutions.
  • Access to government tenders and contracts.
  • Facilitation in marketing of products and services.
  • Easy access to technology.
  • Legal and commercial advice.
  • Access to credit rating services.
  • Assistance in getting statutory clearances.
  • Exposure to the international market.
  • Assistance in quality certification.
How much time is needed for the procurement of NSIC certificate?

The time taken to procure an NSIC certificate depends on the type of certificate you are applying for and the number of documents required for verification. Generally, it takes up to 30 days to receive the certificate.

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