National Small Industries Corporation (NSIC)

ABOUT NATIONAL SMALL INDUSTRIES CORPORATION (NSIC)

It was established in 1955 to promote and develop micro and small scale industries and enterprises in the country. It was founded as a Government of India agency later made into a fully owned government corporation. National Small Industries Corporation Ltd. (NSIC) is an ISO 9001-2008 certified Government of India Enterprise under Ministry of Micro, Small and Medium Enterprises (MSME).
National Small Industries Corporation facilitates MSMEs with specially tailored scheme to build and improve their competitiveness. National Small Industries Corporation provides complete integrated services under Finance, Marketing, Technology and another allied Support service.

BENEFITS

• Availability of credit at attractive interest rates
• A trusted, independent third party opinion on credit-worthiness and capabilities of Micro and Small Enterprises
• Prompt sanctions of Credit from Banks and Financial Institutions
• Recognition in global trade
• Facilitate buyers/vendors in capacity and capability assessment of MSMEs
• Subsidized rating fee structure for Micro and Small Enterprises
• Enable MSMEs to ascertain the strengths and weaknesses of their existing operations and take corrective measures.

DOCUMENTS

• Details of plant & machinery i.e. the date of purchase, the original value of the asset.
• Ownership Documents that should be self-attested.
• Declaration from the Proprietor/Director that they do not have any connection with the large-scale unit.
• Banker’s Report regarding the financial status of the applicant.
• List of finished goods and the raw material.
• Copy of the Pan Card.
• Audited Balance Sheet, P&L, Trading Account.
• List of places or cities where the services shall be available.
• Items for which registration is available.