The first step to apply for a PSARA Licence is to gather all necessary registrations such as Pan Card, TAN Number, GST, PF, ESI, Registration of establishment under Shops & Establishment Act, ITR of every director, etc
MOU With a Training Institute
The applicant to enter into a Memorandum of Understanding with a recognised training institute for training its guards and supervisors. Every state has recognised various security training institutes for this purpose.
An application for police verification is filed in Form -I by the applicant, and in case the applicant is a firm, company or any other association of person, separate verification form shall be filed for every, partner or directors.
The psara application is filed before the controlling authority of PSARA, which is then processed for verification. After receipt of the NOC from the concerned Police authorities, controlling authority may either grants the Licence or rejects with a reason.
Time For Issue Of PSARA
The total time to complete the process for grant of PSARA License is approximate of 60 days from the date of filing the PSARA application. An application for a Licence can be made for a district or five districts or a state. The application process is different for each state.
Conditions Of PSARA Licence
The PSARA specifies the criteria, qualification, and disqualification for a security guard. and the applicant must engage supervisors to supervise the work of security guards. A person from the army, navy or air force with a minimum of three years of experience, must be given preference.
Name & Object of Applicant
The name of the entity should contain the word Security Services or Related terms which represent the object of the applicant. In the case of a Company, the MOA must contain Providing of Security services as one of the Main Objects.
Eligibility of Director / Principal Officer
For police verification of the applicant, they must be a Resident Indian, having sound financial standing (We need to submit a copy of ITR) and should have a clean antecedent and must not have been convicted of any offence.
MOU with Training Institute
The applicant for a PSARA Licence must enter into an MOU with training institute or an organisation as approved by the state controlling authority to impart training to the security guards. There is relaxation to the training requirements for ex-servicemen.
National Interest Clause
The PSARA Licence cannot be granted to a person if it is found to keeping Links with organisation or association, banned under any law or by a government order to protect National Security, Public Order, or to prevent any activity which is prejudicial to National Security.
Restriction of Foreign Investment
Section 6(2) of The Private Security Agencies (Regulation) Act, 2005, lays out that the PSARA Licence shall not be issued if it is not registered in India, or having a proprietor or a majority shareholder, partner or director, who is not a citizen of India. See FAQ for Detail.