1. Blog
  2. >
  3. Policy
  4. >
  5. Govt Schemes
  6. >
  7. What Is NSIC? Its...

What Is NSIC? Its Schemes, Registration Process and Required Documents for Registration

What is NSIC Schemes

NSIC (National Small Industries Corporation) is a government corporation that works under the MOMSME, supporting the Micro, Small and Medium Enterprises growth. It also actively encourages businesses to sustain in the present market through loans and other schemes.

This corporation operates throughout the nation via accessible technical centres and offices. Apart from India, the NSIC operates in a few African countries. Hence, it set up an administration centre in Johannesburg, South Africa, to manage, support, and operate MSME functionalities.

Yet, it’s no longer available now as it was closed in January 2018 to focus more on the local MSMEs. The National Small Industries Corporation set up Training Cum Incubation Centers government agency in 1955 to serve the micro to medium scale businesses. The same government agency later turned into a government corporation.

NSIC Objectives

The primary goal of the National Small Industries Corporation is to support and raise the Small Scale Industries. However, it also operates several aspects in supporting MSMEs, including improving efficiency, profitability, manpower, skills up-gradation, enhancing self-employment, and a lot more.

Key Government Schemes

Here’re a few objectives of the NSIC.

  • To build corporation reach and support in the sustainable growth of Micro, Small, and Medium Enterprises.
  • To support and enhance the workforce in the industries by upgrading skills.
  • To ensure a hygienic working environment.
  • To train people and create self-employment that develops the nation.
  • To improve businesses’ efficiency, profits, and productivity.
  • To facilitate the MSMEs with lease equipment, huge machinery, and raw materials.


Most novice business owners misunderstand the NSIC and MSME functionalities. However, these two corporations are entirely different from each other and provide various schemes to empower small-scale businesses.

The MSME (Micro, Small, and Medium Enterprise) Department is the head of all MSMEs. At the same time, the NSIC (National Small Industries Corporation) comes under the MSME Department and the six other departments.

The departments under the MSME include the following:

  • National Small Industries Corporation or NSIC
  • National School of Leadership
  • Indian Institute of Entrepreneurship
  • National Institute of Entrepreneurs & Small Business Development
  • National Institute of Micro, Small, and Medium Enterprises
  • Khadi and Village Industries Commission or KVIC
  • National Commission for Enterprises in the Unorganized Sector

The MSME department introduces, regulates, and operates various sets of rules and regulations for the MSMEs. Some of the schemes under the MSME include Udyog Aadhar, Zero Defect Zero Effect, MSME Loan in 59 Schemes, and The Credit-linked Capital Subsidy Scheme.

Know more about – What are Micro, Small and Medium Enterprises?


NSIC Schemes

The National Small Industries Corporation supports MSMEs in technology, marketing, finance, and other operations. It tailors a set of schemes to increase competitiveness and business growth. Some of the schemes include:

  • Single Point Registration Scheme
  • Performances & Credit Rating Scheme
  • MSME Global Mart
  • Skill & Development Scheme
  • Raw Material Assistance Scheme
  • Bill Discounting Scheme

Features & Benefits of NSIC

Here’re a few features and benefits of the National Small Industries Corporation that you should know.

  • Supporting MSMEs through loans and schemes.
  • Mentoring documentation processes and helping in all aspects of the business.
  • Supports financially at best interest rates and assures complete guidance.
  • It offers credits and provides an option to switch banks for credits.
  • It offers raw materials, equipment, and other machinery.
  • It helps in technology development and skills upgradation.
  • It provides training and ensures self-employment for people.

Free Power Kit

Required Documents for NSIC Registration

To avail of NSIC benefits and schemes, you should register for the NSIC submitting the required documents as mentioned below.

  • Copy of PAN, ISO 9000, BIS License, and MSME registration acknowledgment
  • Details of machinery, equipment, raw material and other resources, along with the price
  • Certificate of Incorporation, MOU, Ownership documents, and permission deed.
  • The latest copy of the electricity bill
  • Form A or Registrar of Firms with the partner’s name and a document of declaration from partner, director, or proprietor.
  • List of raw materials, the total number of employees for technical assistance, audited balance sheet, profit and loss account, and trading account.
  • Performance statement
  • Last three years accounts
  • Finally, the item for which you need the NSIC registration

Make sure you’ve all the mentioned documents for a hassle-free registration process.

Registration Process & Charges

Any enterprise with MSME registration and Udyog Aadhaar Registration are eligible for NSIC registrations. The registration process can be done either online or offline based on your preferences.

1. Offline NSIC Registration Process

  • Initially, download the application copy and fill up the required details in the form.
  • Apply to any NSIC technical offices in Delhi, Hyderabad, Chennai, Bangalore, Kolkata, and other regions.
  • Then, your application is forwarded to the nearest sub-branch in your enterprise locality.
  • After a favorable report on your enterprise, registration would be granted.

2. Online NSIC Registration Process

If you’d like to register online, follow the below-given steps.

  • Login to the National Small Industries Corporation office portal and click on the “Online Registration for GP” on the right-hand side.
  • Fill up the form with all the required details. Then, save and proceed with the application.
  • Next, pay registration charges and upload scanned copies.
  • Finally, submit the application for NSIC registration.


Getting Govt. Support by Your Side

3. Registration Charges

The registration charges depend upon the business turnover. Based on the attest data from the NSIC, the registration charges are 3000 INR for businesses with a turnover of less than a crore.

Businesses with turnover over INR 1 Crore: 

  • For Micro Enterprises: INR 3000 and an additional INR 1500 for every other one crore turnover.
  • For Small Enterprises: INR 5000 and an additional INR 2000 for every other one crore turnover.

However, there are also few other charges, including the Inspection fee and professional fee. For micro-enterprises, it’s INR 2000 and INR 6000 while for small enterprises it’s INR 3000 and INR 8000 respectively.

Do you want professional guidance to make a better choice in your business finances? If yes, MSMEX is here to help you. MSMEx finance experts and specialized entrepreneurship team assess you in each aspect of finances, accounts, marketing, management, and other operations. Get simple and effective solutions for all your business challenges. Contact MSMEx team at www.msmex.in/contactus or write at hello@msmex.in.

Related read about –

We are a team of serial entrepreneurs, corporate professionals and business experts, at MSMEx.in

Succeed Online With Highly Effective Business Tips and Tricks

Do you want to scale your business even further than it is today? You are at the right place.

We provide Premium Online Learning for Small to Mid-Sized Businesses.

We are MSMEx, an experienced MSME edtech company with highly qualified staff to help companies grow in their industry and attract more visitors online. Whether you are struggling to gain a competitive edge online or are working on bringing your business online, we are here to assist you.

Learn powerful tips and tricks, customized especially for your business to suit its specific needs. All you need is to create a website to get started. We will help you and your employees learn everything about the internet and how things work to bring your business to the limelight.

How MSMEx Sessions Benefit Businesses?

The sessions of MSMEx are beneficial for businesses of all kinds and scales. We help them leverage the power of the world of the internet and also solve all their queries and doubts. You get expert help, if you are ever stuck with the scalability of your business.

You may be doing great online, but it's always better to learn more about things better. Learning experiences provided by us are enjoyable and beneficial at the same time. Grow your business and soar high without limits.

MSMEx will help you connect with your audience, understand their pain points, and earn more revenue than ever you have expected.

If something is working for your competitor, it doesn't need to work for you as well. You very well know that every business is different, and so are its needs. Hence, we work closely with our clients to know and understand their processes and custom-make solutions that work out for them.

Why Learn From MSMEx Experts?

The lessons we provide to businesses are curated to match their needs, preferences, and operations. With years of experience in creating industry experts, we take pride in the services offered. Learning is a never-ending process, and with the world of the internet evolving each passing day, there is an ocean full of things you need to learn.

Discover what you can do for your business by spending half of what you are doing now. Several companies have opted for the sessions provided by our experts, and they have unlocked more significant benefits that were beyond their imagination.

We teach several aspects of business operations and how a business can do a lot more than what it is doing today. We will help you craft the roadmap of your business' success.

Why is MSMEx Different?

We conduct live sessions for businesses to understand the course content in depth. We also allow them to connect with the lecturers in case of doubts. The pillars of our company conduct interactive sessions to give valuable insights.

We also have e-books for business leaders to unlock the full potential of the world of the internet.

Learn from a team of serial entrepreneurs, business experts, and corporate professionals who have made efforts in their journey to success. We teach business owners and other aspirants the tricks to be focused on growth to drive their business forward.