Quick Summary
If you're running an NGO that actively seeks significant funding from multiple sources or engages in large-scale international financial transactions of more than ₹50 crore, you need to be aware of LEI registration for smooth operations. LEI is a mandatory 20-character global identification number required by non-profit entities involved in complex financial activities.
Suppose your company needs a ₹10 crore loan urgently. An LEI registration will help you submit the loan application instantly without any further delay, thereby speeding up transactions, reducing costs, and opening new opportunities.
An active LEI registration helps your organisation to operate in simple ways:
- Get money faster: Speeds up payments so you start work quickly and efficiently.
- Less paperwork: Makes checks easier for banks, companies, and the government.
- Builds trust: Shows donors and partners you're open and reliable.
Government Process:
- Submit an online LEI application with business details
- Provide supporting documents for verification
- The application is reviewed and processed by the issuing authority
- Receive your unique LEI code and certificate
Timeline: Get your LEI registration and code within 1–3 working days if all documents are in order.
What is LEI Registration?
LEI (Legal Entity Identifier) Registration provides a unique 20-character code to your NGO that identifies legal bodies participating in financial transactions worldwide. Just like you have a PAN card, an LEI acts as your global ID card for big financial dealings. It clearly tells banks, investors, and regulators exactly who you are, without creating any confusion or duplications.
Why LEI Matters for Your Business
Mandatory Compliance
Without an LEI code, your banks cannot process your large transactions or approve new loans. It's not optional if you fall under RBI/SEBI requirements.
Global Recognition
Your LEI works worldwide. Whether you're trading in Mumbai or New York, this code instantly identifies your company.
Faster Transactions
Banks process your payments quickly because they can verify your business instantly through the global LEI database.
Transparency & Trust
It shows your company is legitimate, properly registered, and transparent about its ownership structure.
