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NIC Code 65300 - Pension funding

Group Class Sub Class Description
653  Pension funding
 6530 Pension funding
  65300Pension funding

National Industrial Classification 2008 (NIC-2008) Code 65300 is used for Pension funding. 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 65300 is shown below.

Level Description
Section KFINANCIAL AND INSURANCE ACTIVITIES
Division 65Insurance, reinsurance and pension funding, except compulsory social security
Group 653Pension funding
Class 6530Pension funding
Sub-Class 65300Pension funding

Why is NIC Code 65300 Important?

When registering your Pension funding business in India, you'll need the NIC Code 65300 for official documentation and compliance. NIC Code 65300 ensures that your business is correctly categorized under Pension funding for taxation and regulatory requirements.

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