Understanding PSARA License
5 Reasons Why Private Security Agency Need PSARA License!
1. Requirement under the PSARA Act
2. Enhanced Security Services
3. Regulatory Oversight
4. Compliance and Penalties
5. Wide Geographic and Functional Scope
How Do Private Security Agencies Benefit from PSARA License?
Q1: What is a PSARA License and why is it important?
PSARA License is a license granted to private security agencies in India, under the PSARA Act of 2005. The License is mandatory to operate legally and also enhances consumer trust towards your organization.
Q2: What are the penalties for not obtaining PSARA License?
As per section 20 of the PSARA Act, operating a private security agency without a PSARA License is illegal and may result in a fine of up to Rs.25,000 on the agency or an imprisonment of up to one year for its owner. Under severe non-compliance, both may be applicable.
Q3: How does the PSARA License benefit private security agencies?
The PSARA License provides certain practical benefits to your private security agency like a competitive edge in the market, preference for government tenders, enhanced brand reputation and consumer trust, opportunities for professional development of key managerial and security persons, and finally, networking with industry experts.
Q4: How can private security agencies obtain the PSARA License?
Private security agencies can apply for the PSARA License to their State Controlling Authority in online or offline mode. For this, they need to fill out the prescribed Form 1, submit necessary documents as per their business structure, and pay the required application fees.
Q5: Can a PSARA License be valid for multiple locations or states?
No, the scope of PSARA license is restricted to its place of operations. So, for operating in different states, different PSARA Licenses have to be obtained from the concerned controlling authorities.