MSME Growth & Government Support

NSIC Registration

Get NSIC Registration to unlock government tender benefits, Performance & Credit Rating, raw material assistance, and marketing support. Essential certification for MSMEs seeking growth through government procurement opportunities.

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600+
Registrations Done
15-30
Days Processing
4 Years
Rating Validity
4.8/5
Client Rating

Key Highlights

EMD & Security Deposit Exemption
Performance & Credit Rating
Government Tender Priority
Raw Material Assistance

What is NSIC?

National Small Industries Corporation (NSIC) is a Government of India Enterprise established in 1955 under the Ministry of Micro, Small & Medium Enterprises (MSME). NSIC works to promote, aid, and foster the growth of micro, small, and medium enterprises in India through various support schemes and programs.

NSIC operates through multiple schemes designed to support MSMEs in critical areas including credit support, technology upgradation, marketing assistance, and raw material procurement. The corporation acts as a facilitator between MSMEs and government procurement agencies, financial institutions, and larger markets.

With offices across India and partnerships with rating agencies, banks, and government departments, NSIC provides a comprehensive ecosystem for MSME development. Registration with NSIC opens doors to numerous benefits including subsidized credit ratings, tender participation privileges, and business development support.

Key NSIC Schemes & Services

Performance & Credit Rating

Subsidized Rating Scheme

Get your MSME rated by empanelled agencies (CRISIL, ICRA, CARE, etc.) at subsidized costs. NSIC bears significant portion of rating fees. Rating valid for 4 years with annual surveillance.

Key Benefits: Better loan terms, tender credibility, market recognition

Single Point Registration

Government Tender Benefits

Register for specific products/services to participate in government tenders with special privileges. Exemption from EMD and Security Deposit for registered items.

Key Benefits: EMD exemption, tender fee waiver, competency certificate

Raw Material Assistance

Credit for Raw Materials

Financial assistance for procuring raw materials. NSIC arranges bulk purchase and supplies to MSMEs on credit basis, reducing working capital burden.

Key Benefits: Credit facility, bulk purchase rates, assured supply

Marketing Support

Business Development

Support through exhibitions, buyer-seller meets, vendor development programs, and consortium formation. NSIC helps MSMEs reach larger markets domestically and internationally.

Key Benefits: Market access, networking, brand visibility

Technology Support

Modernization Assistance

Technical consultancy, technology upgradation support, and energy efficiency programs. Helps MSMEs adopt modern technologies and improve productivity.

Key Benefits: Technical guidance, equipment finance, efficiency improvement

NSIC Performance & Credit Rating Scale

SE 1A / SE 1B

Highest Performance

Excellent financial health, strong market position, superior management

SE 2A / SE 2B

High Performance

Very good financial stability, established market presence

SE 3A / SE 3B

Good Performance

Adequate financial strength, stable operations

SE 4A / SE 4B / SE 4C

Moderate Performance

Fair financial position, scope for improvement

SE 5A / SE 5B / SE 5C

Below Average

Weak financial health, needs significant improvement

Note: Rating agencies empanelled with NSIC include CRISIL, ICRA, CARE, ONICRA, SMERA, Brickwork, and India Ratings. NSIC subsidizes up to 75% of rating fees for micro enterprises and up to 50% for small enterprises.

Benefits of NSIC Registration

EMD Exemption

No Earnest Money Deposit in government tenders

Security Deposit Waiver

Exemption from performance security deposits

Subsidized Rating

Up to 75% subsidy on credit rating fees

Better Credit Access

Banks recognize NSIC rating for loans

Raw Material Credit

Working capital support for materials

Marketing Support

Exhibitions and buyer-seller meets

Government Priority

Preference in government procurement

Technology Assistance

Technical consultancy and upgradation

Consortium Benefits

Joint bidding for large contracts

Credibility Enhancement

Government-backed certification

Who Can Apply for NSIC Registration?

Micro Enterprises
Small Enterprises
Medium Enterprises
Manufacturing Units
Service Providers
Udyam Registered MSMEs
Government Vendors
Export-Oriented Units
Ancillary Units

Prerequisite: Valid Udyam Registration (MSME Registration) is mandatory for availing NSIC schemes. Your enterprise must fall within MSME classification criteria as per Government of India norms.

NSIC Registration Process

1

Document Collection

Gather Udyam certificate, financial statements, ITRs, bank statements, machinery list, and product/service details

2

Scheme Selection

Identify appropriate NSIC scheme(s) based on your business needs - Rating, SPR, Raw Material, or Marketing Support

3

Application Submission

Submit online application on NSIC portal with complete business profile and required documents

4

Fee Payment

Pay applicable registration and processing fees as per chosen scheme and enterprise category

5

Assessment & Verification

For Performance Rating, empanelled agency conducts assessment including possible site visit and financial analysis

6

Certificate Issuance

Upon successful verification, receive NSIC registration certificate/rating certificate valid as per scheme norms

What You Get

NSIC Registration Certificate
Performance & Credit Rating Report
Single Point Registration (if applicable)
Rating Agency Assessment Report
Competency Certificate
EMD Exemption Eligibility
NSIC Portal Access
Marketing Support Enrollment
Raw Material Scheme Eligibility
Tender Participation Rights
Annual Surveillance Support
Dedicated Relationship Manager

NSIC Rating Fee Subsidy Structure

Micro Enterprises

75% Subsidy

Investment: Up to ₹1 Crore

NSIC bears 75% of rating agency fees, enterprise pays only 25%

Small Enterprises

50% Subsidy

Investment: ₹1 - 10 Crores

NSIC bears 50% of rating agency fees, enterprise pays 50%

Medium Enterprises

Case Basis Subsidy

Investment: ₹10 - 50 Crores

Subsidy available on case-to-case basis as per NSIC norms

Note: Rating validity is 4 years with annual surveillance. First-time rating and renewal both qualify for subsidy. Rating fees vary by agency and enterprise size, typically ranging from ₹15,000 to ₹1,00,000 before subsidy.

Single Point Registration Scheme (SPRS) Benefits

EMD Exemption

Saves 1-5% of tender value upfront

Complete exemption from Earnest Money Deposit for registered products/services in government tenders

Security Deposit Waiver

Saves 5-10% of contract value

No performance security deposit required for government contracts

Free Tender Documents

Saves ₹1,000 - ₹10,000 per tender

Tender document sets provided free of cost or at subsidized rates

Competency Certificate

Enhanced credibility in bidding

NSIC issues competency certificate recognized by all government departments

Price Preference

Better winning chances

Eligible for 15% price preference over large enterprises in government tenders

Advance Payment

Improved cash flow

Entitled to advance payment up to 30% of contract value from government buyers

NSIC Empanelled Rating Agencies

CRISIL
ICRA
CARE Ratings
ONICRA
SMERA (Acuité)
Brickwork Ratings
India Ratings (Fitch)
Infomerics Valuation

You can choose any empanelled rating agency based on your preference. All ratings are equally recognized by banks, government departments, and procurement agencies.

Validity & Compliance Requirements

Performance & Credit Rating

Validity: 4 Years

Annual surveillance audit by rating agency to confirm continued rating

Single Point Registration

Validity: As per NSIC norms

Renewal required; maintain production capacity and quality standards

Raw Material Assistance

Validity: Per transaction

Timely repayment and utilization for stated purpose

Marketing Support

Validity: Event-based

Participation in designated exhibitions and meets

Udyam Registration

Validity: Permanent (update yearly)

Must maintain valid Udyam for all NSIC benefits

When to Get NSIC Registration

Government Tender Participation

EMD and security deposit exemption saves significant capital

Seeking Bank Loans

NSIC rating improves creditworthiness and loan terms

Raw Material Procurement

Credit facility reduces working capital burden

Market Expansion

NSIC marketing support opens new business opportunities

Building Credibility

Government-backed rating enhances business reputation

Large Contract Bidding

Consortium formation enables bidding for bigger projects

Why Get NSIC Registration with Saarthium?

600+ NSIC Registrations Completed
Expert Knowledge of All NSIC Schemes
Rating Agency Coordination
Complete Documentation Support
Single Point Registration Expertise
Post-Registration Compliance Help
Dedicated Relationship Manager
Tender Participation Guidance

Important Points to Remember

⚠️

Valid Udyam Registration is mandatory prerequisite for NSIC schemes

⚠️

Maintain updated financial records for rating assessment

⚠️

Choose rating agency based on cost and service quality

⚠️

Apply for renewal before certificate expiry to maintain benefits

⚠️

Single Point Registration is product/service specific

⚠️

EMD exemption applies only to registered products/services

⚠️

Annual surveillance is required to maintain rating validity

⚠️

NSIC benefits are available only for government/PSU tenders

NSIC Registration Impact

₹5-50 Lakhs
EMD Savings
Per large tender
Up to 75%
Rating Subsidy
On rating fees
0.5-1% Lower
Loan Interest
With good rating
40% Higher
Tender Success
With NSIC benefits

Quick Information

Processing Time15-30 Working Days
Documents Required
Udyam Registration Certificate
PAN Card of Enterprise/Proprietor
GST Registration Certificate
Aadhaar Card of Proprietor/Partners/Directors
Bank Account Details (Last 3 Years Statements)
ITR & Audited Financial Statements (3 Years)
List of Machinery & Equipment
Product/Service Portfolio
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Frequently Asked Questions

What is NSIC Registration?
NSIC (National Small Industries Corporation) is a Government of India Enterprise under Ministry of Micro, Small & Medium Enterprises. NSIC registration provides MSMEs with various schemes and support services including Performance & Credit Rating, Single Point Registration for government tenders, Raw Material Assistance, Marketing Support, and Technology Upgradation. It's a comprehensive support system for MSME growth and development.
Who is eligible for NSIC Registration?
Any Micro, Small, or Medium Enterprise (MSME) with valid Udyam Registration is eligible for NSIC services. This includes manufacturing enterprises (investment up to ₹50 Crores and turnover up to ₹250 Crores) and service enterprises meeting MSME criteria. Both new and existing businesses can apply for various NSIC schemes based on their specific needs.
What are the benefits of NSIC Registration?
Key benefits include: Exemption from EMD (Earnest Money Deposit) and Security Deposit in government tenders, Performance & Credit Rating certificate recognized by banks and government, Raw Material Assistance Scheme with credit support, Marketing Support through exhibitions and buyer-seller meets, Single Point Registration for government procurement, and access to technology and skill development programs.
How long does NSIC Registration take?
NSIC registration timelines vary by service type. Single Point Registration takes 15-20 working days. Performance & Credit Rating takes 20-30 working days including assessment and possible site visit by empanelled rating agencies. Raw Material Assistance application processing takes 10-15 days after documentation.
What is NSIC Performance & Credit Rating?
NSIC Performance & Credit Rating (PCR) is a composite rating provided through empanelled agencies like CRISIL, ICRA, CARE, ONICRA, SMERA, etc. It assesses MSME's financial health, operational capability, and creditworthiness. Rating ranges from SE1A (highest) to SE5C (lowest). This rating helps MSMEs get better credit terms, government tender participation, and enhanced market credibility. NSIC subsidizes the rating fee significantly.
What is Single Point Registration Scheme?
Single Point Registration Scheme (SPRS) is an NSIC program that enables registered MSMEs to participate in government tenders with benefits like exemption from EMD and Security Deposit, issue of Competency Certificate, tender set fee exemption in certain cases, and preference in government procurement. It's valid for products/services for which the MSME is registered.

Ready for NSIC Registration?

Join 600+ MSMEs who unlocked government benefits through NSIC. Expert guidance for Performance Rating and tender participation.

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