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Registration Services, VAT Registration Services, Mumbai, India
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NSIC Registration

As per Government’s preferential procurement policy for goods produced and services rendered by MSEs by the Central industries / departments / PSUs to be notified under Sec. 11 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, all Central ministries and PSUs will have to ensure that a minimum 20 per cent of all their total annual purchases of products or services are from MSEs. 
NSIC Registration

NSIC, thereby identifies financially and technically competent SSI units and enlist them for participation in Government Stores Purchase Programme. NSIC participates in bulk tender enquires of Central and State Govt. & PSUs on behalf of small enterprises. On receipt of orders, NSIC distributes those orders on whose behalf it has quoted.

Thus, for Govt. Purchasing agencies, NSIC can help you provide convenience of transacting online in Tendering, Contracting, Ordering and Retrieval of Information, download of tender inquiries & tender notices and corrigenda followed by Online bid submission on behalf of suppliers, Spot Price Comparative Chart etc. with DGS&D, Defense (RCF, CISF, BSF, CRPF, RCF, etc.) MTNL, Railway, PSUs and many others Departments of Central & State Government.

Following are the major Benefits of NSIC.

Marketing Support for Government Purchases. 
Single Point Registration Scheme.

NSIC does registration under Single Point Registration Scheme wherein the small enterprises participate in Government Purchase Programme. The units registered under the scheme get the following benefits as approved by the Government of India. 

Issue of tender set free of cost. 
Advance intimation of tenders issued by DGS & D 
Exemption from payment of earnest money (EMD). 
Waiver of security deposit up to the monetary limit for which the unit is registered. 
Issue of competency certificate in case the value of an order exceeds the monetary limit, after due verification. All the above benefits available at nominal registration fee as per the last annual turnover plus applicable taxes.
The registration is valid for 24 months & can be obtained by applying on prescribed application along with requisite documents & prescribed fee. 

Supplies to Government Departments through NSIC  Consortia & Tender Marketing

To provide direct marketing support to Micro & Small Enterprises, NSIC. 
Facilities small enterprises to participate in tenders and procure orders from Government Departments, Public Sector Undertakings & Other Bulk Suppliers. 
Also facilitates participation in large tenders and for more than one Micro & small Enterprise. On award of tender, the same is allocated amongst Micro & Small Enterprises according to their production capacity. 
Adopts consortia approach and forms consortia of units manufacturing the same products, thereby easing out marketing problems of Micro & Small Enterprises. 

To Meet your credit needs contact NSIC for access to various commercial banks. 
  Credit Facilitation Scheme. 

NSIC has tied up with commercial banks namely Bank of Maharashtra, Central Bank of India. HSBC Bank, Oriental Bank of Commerce. UCO Bank, United Bank of India, Axis Bank & Yes Bank for sanction of term loan and working capital facilities as per the requirements of Micro & Small Enterprises. 
NSIC would help you in completing the proposals with the documentation etc. and forward the same to any of the above banks of your choice for facilitation of term loan & working capital facilities etc. 
Existing borrowing units wanting to shift from their existing bank to any of above banks, can also approach NSIC for change of bank. 
The accredited Micro & Small Enterprises under the NSICs Performance & Credit Rating Scheme stand good chance to get the credit at liberal rates/terms.

Provision of Raw Material on Credit 
   Raw Material Assistance Scheme 

NSIC provide raw material to micro & small enterprises on credit on any material from any producer against Bank guarantee. 
You can utilize your non-fund based limit with Bank into fund based with NSIC. 
All existing Micro. Small & Medium Enterprises registered with Directorate of Industry/DICs are eligible. Most competitive rate of interest on reducing balance. 
Concession in the rate of interest ranging between 0.50% to 1.00 % depending on your unit's rating based on NSIC specified rating scale under Performance & Credit Rating Scheme. 
No margin money. 
Tenure of assistance: 90 days (with option to renew the assistance) 
Processing fee/service charges as applicable under the scheme. 

Performance & Credit Rating Scheme 

Enable small enterprises to ascertain the strength and weaknesses of their existing operations and take    corrective measures to enhance their organizational strength. 
Enable assess your credit worthiness and get better terms from banks & procure orders from buyers through NSIC's performance & Credit Rating Scheme. Helps to improve operational performance by initiating measures to improve the quality of  products. 
Good rating to enhance the acceptability of the small enterprises with Banks, Fls, customers and  buyers. You can choose any empaneled rating agency out of CARE, CRISIL. Dun & Bradstreet, FITCH, ICRA, ONICRA and SMERA. . 
Subscribe upto 75% of the rating fee subject to the maximum of .Rs.40,000/- 

Get Information about latest developments in MSME Sector through NSIC's infomediary 

lnfomediary Services Scheme 
Become a member and avail small business related 
information through 
The benefits to the members under infomediary Services are as under : 

• Tender&Trade Information 
• Banner display on NSIC's Website 
• Access to a wide range of technologies from India and abroad. 
• Access to national and international business leads, JV opportunities and trade information. 
• Access to industrial databases and member's directory. 
• Various value added, specialized services through reputed hospital and hotel industries.

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