Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 64191 - Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses
National Industrial Classification 2008 (NIC-2008) Code 64191 is used for Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. 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 64191 is shown below.
| Level | Description |
|---|---|
| Section K | FINANCIAL AND INSURANCE ACTIVITIES |
| Division 64 | Financial service activities, except insurance and Pension funding |
| Group 641 | Monetary intermediation |
| Class 6419 | Other monetary intermediation |
| Sub-Class 64191 | Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses |
Why is NIC Code 64191 Important?
When registering your Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses business in India, you'll need the NIC Code 64191 for official documentation and compliance. NIC Code 64191 ensures that your business is correctly categorized under Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses for taxation and regulatory requirements.