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CERSAI: Full Form, Meaning, Login, Charges, Registration & Fees

Published on Jan 31, 2024Updated on Feb 1, 2024

CERSAI: Full Form, Meaning, Login, Charges, Registration & Fees

CERSAI, or the Central Registry of Securitization Asset Reconstruction and Security Interest of India, is a centralized online platform established by the Reserve Bank of India (RBI). Dedicated to maintaining meticulous records of diverse securities interests spanning movable and immovable properties, CERSAI plays a pivotal role in curbing fraudulent transactions.

We will answer what CERSAI is and further understand the functions, importance, and objectives of CERSAI in this article. We will also walk you through the comprehensive process of registering your entity with CERSAI. This article aims to provide you with in-depth knowledge about CERSAI.

CERSAI Meaning & Full Form

CERSAI, which stands for The Central Registry of Securitization Asset Reconstruction and Security Interest of India, is a vast repository that stores information about securitizations, reconstructions, and security interests initiated by banks and financial institutions. This extensive database plays a crucial role in preventing fraudulent activities by enabling lenders to verify whether a property has been used as collateral before approving loans. This measure significantly reduces the risks associated with multiple financings. Moreover, CERSAI's role extends to improving transparency and efficiency in the loan processing system, providing lenders with streamlined mechanisms to monitor and manage their assets effectively.

Key Functions and Objectives of CERSAI

CERSAI serves multiple functions and objectives, including preventing fraudulent activities and simplifying loan processing. The database offers various benefits to both lenders and buyers. Let's take a look at the different objectives that CERSAI fulfills

Streamlines Loan Processing

CERSAI's core objective is to simplify loan processing by keeping a single database of security interests. This helps financial institutions register asset securitization and reconstruction transactions, which promotes transparency. The registry covers a broad range of security interests, which helps keep a comprehensive record of loans and mortgages for efficient management.

Prevents Fraudulent Activities

CERSAI is a system that helps prevent fraud and ensures transparency in the financial system. It requires the registration of security interests within 30 days of their creation, which reduces the risk of dubious practices like multiple financing. By doing so, CERSAI safeguards the integrity of the financial system.

Reduces the Risk of Litigation

CERSAI helps lenders minimize legal risks by keeping a clear record of all security interest transactions. This proactive approach promotes legal compliance, reducing the chances of disputes. As a result, the financial environment becomes more secure and stable.

Enhances the Process of Due Diligence

CERSAI provides lenders with a registry to thoroughly check potential borrowers and reduce the risk of defaults. This helps to improve the quality of loans and make the financial landscape more secure. CERSAI helps lenders make informed lending decisions by simplifying the due diligence process.

Promotes Collaboration

CERSAI is a platform that encourages cooperation among lenders. It aims to facilitate information sharing and collaborative efforts in asset reconstruction and security interest transactions. This approach helps simplify processes and strengthen the financial ecosystem by promoting secure and transparent lending practices. By working together, the lending community can create a more stable and trustworthy financial system that benefits everyone.

Protects Creditors' Rights

CERSAI is responsible for protecting creditors' rights. It achieves this by properly recording and securing securities interests in accordance with the law, which creates a reliable framework that supports fair and responsible financial systems. This helps those who provide financial support protect their interests and ensures the financial system is accountable.

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Who Owns CERSAI?

CERSAI, the Central Registry of Securitization, Asset Reconstruction and Security Interest of India, is a crucial financial registry that maintains a comprehensive record of all security interests and asset reconstruction activities in India. The central government holds a majority stake of over 51% in this registry, while the remaining stake is owned by state-run lenders such as the State Bank of India, Punjab National Bank, Bank of Baroda, and National Housing Bank.

What is the CERSAI search?

When planning to purchase a property, it is crucial to perform a CERSAI search. This search significantly provides confidence to potential buyers by ensuring that the property is not pledged as collateral for multiple loans. The process is relatively simple and can be quickly done by visiting the CERSAI portal and accessing the 'Public Search' tab. This search enables you to uncover detailed information about the property and determine if there are any existing mortgages. Overall, performing a CERSAI search is a crucial step that helps safeguard the interests of property buyers. There are types of searches, as follows:

Asset-Based Search

Potential property buyers can comprehensively understand a property's details by conducting thorough asset-based research through CERSAI. To access this information, you must enter the building, floor number, street name / number, name of the project, pocket, state, Locality/ or sector, City / Town / Village, District, and pin code. This will provide you with all the necessary information you need to know about the property in question.

AOR-Based Search

AOR stands for assignment of receivables. Only authorized users can access the AOR-Based Search feature on CERSAI's online portal. This feature allows users to view detailed information about a project. This ensures that only authorized individuals can obtain comprehensive information, which adds an extra layer of security and confidentiality to examining project-related details.

Debtor-Based Search

CERSAI's database on debtors offers an exhaustive and meticulous overview of all the financial institutions that have sanctioned a loan against the property. This invaluable information is a critical tool for potential buyers in assessing any financial liabilities that may be linked to the property in question.

How to Do CERSAI Login? (Step-by-Step)

Here's how you can log into the CERSAI portal:-

  1. Visit the official CERSAI portal at cersai.com.
  2. On the homepage, click the "Login" button at the top right corner.
  3. Enter your username and password in the respective fields.
  4. Ensure correct credentials to avoid error messages.
  5. Press the "Submit" button after entering your login details.
  6. you'll be redirected to your dashboard if the credentials are accurate.
  7. Access various features and services offered by CERSAI through the dashboard.
Must Read:What is CRR (Cash Reserve Ratio)?

How to Apply for Entity Registration on CERSAI

Here is a step-by-step guide on how to apply for entity registration on CERSAI:

Step 1: Obtain PAN Number

You should obtain a Permanent Account Number (PAN) from the Indian Income Tax Department. This unique identifier is required for all taxpayers in India.

Step 2: Determine Eligibility

To be eligible, entities must confirm that they are a financial institution, bank, or NBFC, possess a valid PAN number, and meet the minimum capital adequacy requirements set by the RBI.

Step 3: Collect Required Documents

To get started, you'll need some essential documents. These include the following:-

  • Certificate of incorporation
  • Memorandum of association
  • Articles of association
  • Proof of address
  • Identity proof of directors and shareholders
  • Audited balance sheet
  • Profit & loss statement
  • Certificate of commencement of business

Be sure to gather all these documents before proceeding.

Step 4: Fill Application Form

Complete the CERSAI application form available on the official website. Make sure you fill out all the entries accurately to avoid any issues.

Step 5: Pay Registration Fees

To register, you need to fill out a form and pay the required fee. The fee varies depending on the type of entity and the amount of security registered.

Step 6: Submit Application

Once you have completed your application and gathered all the necessary documents, please submit them. If the submission is successful, you will receive an acknowledgment receipt.

Step 7: Wait for Approval

Await approval from CERSAI, and upon approval, access the CERSAI portal to utilize its services.

CERSAI Registration Charges & Fees



CERSAl Search

INR 10

Creation or Modification of Security Interest

INR 50 (for loans up to INR 5 lakhs), INR 100 (for loans above INR 5 lakhs)

Reconstruction or Securitization of Financial Assets

INR 500

Satisfaction with Securitization or Reconstruction of Financial Assets

INR 50

Assignment of Receivables

INR 10 (for assignments of less than INR 5 lakhs), INR 100 (for assignments of INR 5 lakhs and above)

Must Read:Penalties on Late Filing of Income Tax Returns (ITR) After Due Date


CERSAI, serving as an extensive repository, plays a pivotal role in curbing fraudulent activities related to property transactions. It stores vital information about securitizations, reconstructions, and security interests initiated by banks and financial institutions. This comprehensive database allows lenders to verify if a property has been utilized as collateral, enhancing the scrutiny process before approving loans.

In tandem with the significance of secure property transactions, consider leveraging your property's value through a Loan Against Property with SMFG India Credit. Our commitment to transparency, and a seamless online application process make unlocking your property's latent potential effortless. Apply today and let your property serve as a valuable asset in your financial journey!

* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us


What is CERSAI's full form?

CERSAI stands for the Central Registry of Securitization, Asset Reconstruction and Security Interest of India.

Are CERSAI charges mandatory for all loans in India?

CERSAI charges are mandatory only for secured mortgage loans, while unsecured loans in India are exempt from CERSAI registration charges.

Is CERSAI a government organization?

CERSAI is a government-owned company registered in New Delhi under Section 8 of the Companies Act, 2013.

How are CERSAI charges calculated?

CERSAI charges are determined by the mortgage loan amount sanctioned against the property. Presently, the fee is INR 50 for loans up to INR 5 lakh and INR 100 for loans exceeding INR 5 lakh. The calculation ensures a structured approach based on the loan value.

Can CERSAI charges be waived or reduced?

Yes, CERSAI charges can be waived or reduced by certain lending institutions as part of special offers. While the fees are generally applicable to all searches, specific lenders may provide exemptions or reductions based on their promotional initiatives or unique terms.

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