Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) (CERSAI) , Check here latest notification
About CERSAI
The Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is a registry established under the SARFAESI Act, 2002. Its primary function is to maintain a central database of securitisation, asset reconstruction, and security interests in India. This registry aims to prevent fraudulent activities and provide transparency in transactions involving secured assets.
Key Functions:
- Registration of securitisation and reconstruction of financial assets.
- Registration of charges created by companies in favour of financial institutions.
- Public search facility to check for existing charges on assets.
- Facilitating asset-based searches, borrower-based searches, and AOR (Authority of Registration) based searches.
- Maintaining a repository of information related to financial assets and their encumbrances.
Objectives:
- To create a secure and transparent environment for financial transactions.
- To reduce the incidence of fraud and duplicity in the creation of security interests.
- To enhance the efficiency of the credit delivery system.
Services Offered:
- Entity Registration
- Public Search
- Asset-Based Search
- Borrower-Based Search
- AOR-Based Search
- Search Reports
Related Links:
- Ministry of Corporate Affairs (MCA)
- CKYC Registry
- Vahan Registration
- BUDS Registry
- National Portal of India