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NIC Code 64110 - Central banking

Group Class Sub Class Description
641  Monetary intermediation
 6411 Central banking
  64110Central banking

National Industrial Classification 2008 (NIC-2008) Code 64110 is used for Central banking. National Industrial Classification 2008 seeks to provide a basis for the standardized collection, analysis and dissemination of industry (economic activity) wise economic data for India. NIC code id required to obtain Udyog Aadhar or register a Company / LLP in India.

National Industrial Classification 2008 (NIC-2008) Code Structure

All the activities are grouped into several "activity groups" or "tabulation categories" in a hierarchical manner. Activities are first grouped into ‘section’ alphabetically coded from A through U, every section is divided into ‘division’ with 2-digit numeric code, every division into ‘group’ with 3-digit numeric code, every group into ‘class’ with 4-digit numeric code and every 4-digit class into 5-digit 'sub-class'.

The structure for NIC Code 64110 is shown below.

Level Description
Section KFINANCIAL AND INSURANCE ACTIVITIES
Division 64Financial service activities, except insurance and Pension funding
Group 641Monetary intermediation
Class 6411Central banking
Sub-Class 64110Central banking

Why is NIC Code 64110 Important?

When registering your Central banking business in India, you'll need the NIC Code 64110 for official documentation and compliance. NIC Code 64110 ensures that your business is correctly categorized under Central banking for taxation and regulatory requirements.