IND CERSAI Security Interest Charges

Published on: Feb 12, 2025

On Feb. 7, IND CERSAI issued notice re security interest charges.

  • IND CERSAI issued notice re security interest charge registration requirements.
  • PAN or CKYC ID submission mandatory for security interest charge registration.
  • Creditors must update systems to provide them through API, batch and web portal.
  • Effectiveness
  • Requirements take effect from Apr. 1, 2025.
Regulators
IND CERSAI
Entity Types
B/D; Bank; MSB
Reference
PR 2/7/2025; PR 2/6/2025;
Functions
Compliance; Financial; Operations; Registration/Licensing
Countries
India
Category
State
N/A
Products
Banking; Loan; Securities
Rule Type
Final
Regions
AP
Rule Date
Feb 7, 2025
Effective Date
Apr 1, 2025
Rule ID
243113
Linked to
N/A
Reg. Last Update
Feb 7, 2025
Report Section
International