NeSL Registration Process & eSign Submission: How BFSIs Are Automating Compliance & Cutting 68% TAT

Why Lenders Rely on NeSL

• Ensures evidence of default is valid in the National Company Law Tribunal (NCLT)
• Reduces resolution timelines by up to 60%, per IBBI
• Supports early fraud detection and dispute prevention

#1: Keep the Following Documents Ready

• For Companies: An Authorization letter issued to an employee
• For Partnerships: Partnership deed + authorization letter
• Other Requirements:
• Aadhaar number of the authorized person (linked to mobile)
• Digital Signature Certificate (.cer file) – optional but recommended

#2: Begin Online Registration

• Visit: https://iu.nesl.co.in 
• Choose “Entity Registration”
• Enter Aadhaar number, name (as on Aadhaar), and date of birth
• Click “Verify Aadhaar”, enter the OTP sent to the Aadhaar-linked mobile
• Agree to the eKYC terms and click “Validate”

#3: Enter Entity Details

• Select your entity category: Corporate or Non-corporate
• Choose sub-type (e.g., Company, LLP) and origin (Indian)
• Provide: PAN, CIN/LLPIN, GST Number, and registered address; State code, PIN code, official email, and phone number
• Click “Next” to proceed

#4: Add User & Authorization Details

• Fill in: Employee ID, designation, primary & alternate contact details
• Upload Authorization Letter and DSC (.cer file) (if available)
• Provide IU fee payment reference (e.g., NEFT UTR)
• Agree to Terms and Conditions
• Click the green “Register” button to submit

#1: Register & Access the NESL Portal

• Operational creditors register as users on the NESL-IU portal
• Visit: https://iu.nesl.co.in/NESL_Portal/ 
• Log in to access the dashboard and click: Submission > New Submission
• The system opens Form C Version 3, featuring tabs like: Submitter Info, Other Party Details, and Debt Information
• Fill in all mandatory fields (marked with a red asterisk *)

#2: Initiate Loan Submission

• Choose New Loan under the New Submission tab
• Select the type of debt: Operational or Financial
• Enter the Business Date(defaults to today’s date; can be modified)

#3: Verify Submitter Details

• Submitter details auto-fill from the registration profile
• The system auto-selects “Creditor” as your contract role
• If not the creditor, choose the correct relation from the dropdown

#4: Input Debtor Information

• Accurately fill in the Debtor details in the designated fields

#5: Enter Debt & Loan Details

• Debt type auto-populates from earlier selection
• Add the Debt Reference Number (for Operational Debts)
• Choose the Debt Start Date (disbursement date) from the calendar
• Currency defaults to INR, or select other from the dropdown

Enter:

• Sanctioned Loan Amount
• Facility Name (type of finance)
• Outstanding & Overdue Amounts

Under “Account Closed Flag”, select:

• No – if the loan is active
• Yes/Assigned – if closed or transferred

#6: Add Security Details (If Any)

• If unsecured, select “Not Applicable“

If secured:

• Fill in all mandatory security-related fields
• Choose Type of Charge and Asset Type from the dropdowns

#7: eSign & Submit Form C

• The system displays the IU Fee and prompts eSigning
• Select preferred method: Aadhaar eSign (OTP-based) or Digital Signature Certificate (DSC)

For Aadhaar eSign:

• Enter Aadhaar number → Click “Get OTP”
• Enter the OTP received on your registered mobile
• Tick the consent checkbox and click Submit

On successful authentication, you’ll see confirmation: “eSign Successful – Form C Submitted”

#8: Pay the IU Fee & Save Submission

• Click “Pay Now” to proceed to the payment gateway
• Pay via Debit/Credit Card, Net Banking, UPI, or Wallets
• After successful payment, return to the NeSL dashboard
• Download & save the submitted Form C PDF for records
• The NeSL system sends a confirmation email to the submitter

#1: Get Ready for Authentication

• Ensure you have access to your Aadhaar-linked mobile number
• You’ll need it to receive the OTP for eSign authentication

#2: Log In to the NeSL-IU Portal

• Go to the portal: https://iu.nesl.co.in 
• Select “Legal Entity User” as login type
• Enter your Legal Entity Name – PAN will auto-fill
• Input your User ID, Password, CAPTCHA, then click Login

#3: Locate the Loan Details for Authentication

• On the welcome screen, click the “Authentication” tab
• Find the relevant Loan Number and select it
• Click on the latest Submission Reference Number from your creditor

#4: Review and Authenticate Debt Details

• A screen titled “Form C – Debtor Authentication” will appear
• Review the loan information provided by your lender or bank
• If the data is accurate, click “Yes”, then choose Aadhaar eSign

To Authenticate:

• Your Aadhaar number and name will be displayed
• Click “Save & Authenticate” (green tab)
• You’ll be redirected to the eSign Service Provider page

#5: Record Disputes or Remarks (If Any)

• If you disagree with the loan details, click “No”
• A remarks box will appear – enter your dispute or observations
• Your input will be recorded and attached to the authentication

#6: Complete eSign & Download Proof

• On the eSign page, enter your Aadhaar number and click “Get OTP”
• Enter the OTP received on your registered number
• Check the consent box and click “Submit” to complete the eSign
• A message will confirm: “Authentication Successful”
• Download the PDF of the authenticated Form and save it securely

SignDesk X NeSL Integration – A Non-Negotiable for Enterprises

For CXOs, Compliance Heads & Digital Transformation Leaders,

NeSL = Beyond Compliance

Digitize processes → De-risk operations → Ensure regulatory preparedness.

“SignDesk is an established player in this segment, and this partnership would help us reach out to many users who would benefit from digital and paperless e-stamping, which is also legally enforceable in digital form.”

                                                                     – Debajyoti Ray Chaudhuri, MD & CEO, NeSL

Axis Securities – From Paper Delays to Seamless Digital Signing

Manual signatures were stalling documentation and impacting TAT.  By adopting SignDesk eSign, Axis Securities eliminated paperwork, improved documentation flow, and drove team-wide digital adoption.

Result: Faster workflows, 68% lesser TAT, and seamless regulatory compliance.

Upstox – Scalable Digital Stamping for High-Volume Transactions

With higher monthly transactions, Upstox needed a partner that could match speed with scale. SignDesk’s bulk digital stamping enabled secure, high-speed stamping without slowing operations.

Result: 4,000+ monthly eStamps, zero compliance hiccups, and end-to-end workflow automation.