Home > Participants > Financier

Financier

Eligibility Criteria
The Financier desirous of getting empanelled into the Operating Platform must satisfy one of the following eligibility criteria:

  • Should be a scheduled commercial bank
    (List of banks appearing in Second Schedule of Reserve Bank of India(RBI) Act, 1934)
  • Financial Institutions
    • Unit Trust of India (UTI)
    • Securities Trading Corporation of India Ltd. (STCI)
    • Industrial Development Bank of India (IDBI)
    • Industrial Reconstruction Bank of India (IRBI), now (Industrial Investment Bank of India)
    • Export - Import Bank of India (EXIM Bank)
    • Small Industries Development Bank of India (SIDBI)
    • National Bank for Agriculture and Rural Development (NABARD)
    • Life Insurance Corporation of India (LIC)
    • General Insurance Corporation of India (GIC)
    • Shipping Credit and Investment Company of India Ltd. (SCICI)
    • Housing and Urban Development Corporation Ltd. (HUDCO)
    • National Housing Bank (NHB)
  • NBFCs with minimum short term rating of PR2 or equivalent
    (Certificate of registration with RBI, Proof of rating)
Membership Forms / Agreement
  • Submit duly filled membership document
  • Sign an agreement with the Platform Operator (NSEIL) defining the obligations on the Technology Platform
  • The membership form can be downloaded from Click here

Checklist
Tabulated below is the list of the documents that are required to be submitted along with the application form

Sr. No. Document Mandatory (Y/N)
1 Copy of PAN Allotment Letter Y
2 Certificate of incorporation & Memorandum & Articles of Association Y
Sr. No. Document Mandatory (Y/N)
1 Board Resolution approving participation on NTREES and giving authorisations to various officials for operations on NTREES Y