Apply In Person

1. To Register with Trade Receivables Discounting System (TReDS) in India, the applicant has to approach the Reserve Bank Of India link

@:Note: Only MSMEs can participate as sellers in TReDS.

1. An application form will be provided to the applicant by the concerned officer.
2. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
3. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
4. The applicant has to attach photocopies of the required documents along with the application form while submitting it.
5. Submit all the essential documents along with the completed application form to the office.
6. The applicant has to pay the prescribed fee as requested by the authority.
7. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
8. Then the application will be processed further.
9. The applicant will receive a verification call from the TReDS platform.
10. After successful verification, the registration will be completed.
11. After registration, the applicant can start uploading invoices on the TReDS platform. The applicant can then get invoices discounted by banks and financial institutions that are registered with the TReDS platform.
12. For further process, the applicant has to follow the instruction given by the officer.
13. This entire process can be completed within 2-3 weeks or as per the timeline advised by the respective department authority.

• Application form
• PAN card
• Aadhaar card
• Tax Identification certificate
• Passbook
• Company registration documents
• Any other documents (if required)

Reserve Bank of India
Address: 18th Floor, Central Office Building, Shahid Bhagat Singh Road, Mumbai-400 001.
Phone: 22661872
Fax: 22661784
Mail ID: governor@rbi.org.in
Contact link
Regional Office link

• Business Type: Only Micro, Small, and Medium Enterprises (MSMEs) are eligible to use TReDS. The definition of MSMEs is as per the government's guidelines.
• GST Registration: The business must have a valid Goods and Services Tax Identification Number (GSTIN).
• Bank Account: The business must have an operational bank account in India.
• Creditworthiness: The business must have a satisfactory credit rating, as determined by the TReDS platform.
• No Default: The business should not have defaulted on any payments to banks or financial institutions.

• The applicant has to pay the prescribed fee as requested by the authority.

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Please attach documents that can be used by people. e.g. links

Please attach sample completed documents that would help other people.

• This entire process can be completed within 2- 3 weeks or as per the timeline advised by the respective department authority.

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

• Name
• Address
• Contact number
• Business address
• Fax
• Email ID
• Nationality
• Age
• Business details
• Mailing address
• Declaration
• Date

• TReDS is an electronic platform for facilitating the financing / discounting of trade receivables of Micro, Small and Medium Enterprises (MSMEs) through multiple financiers. These receivables can be due from corporates and other buyers, including Government Departments and Public Sector Undertakings (PSUs).
• Registering with TReDS can help businesses improve their cash flow, get financing at competitive rates, reduce their working capital cycle, and increase transparency in their invoicing process.

• Improved Cash Flow: TReDS allows businesses to get their receivables financed by banks and financial institutions, which can help improve their cash flow. This can be especially beneficial for MSMEs that often face cash flow constraints.
• Competitive Rates: TReDS enables businesses to get their invoices discounted at competitive rates, which can be lower than traditional sources of financing such as loans.
• Faster Payment: TReDS facilitates faster payment of invoices, as the entire process is digitized and automated. This can help businesses reduce their working capital cycle and improve their efficiency.
• Transparency: TReDS offers transparency in the invoicing process, as all the stakeholders can view the status of invoices in real time. This can help reduce the chances of fraud and disputes.
• Access to Multiple Financiers: TReDS platforms have tie-ups with multiple banks and financial institutions, which can provide businesses with access to a wider pool of financiers.

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

Link

Benefits of TReDS

• Easy Access to Working Capital
• Collateral Free Funding
• Get Funds in 24Hrs
• Seamless & Secure Digital Platform
• Faster Business Expansion & Growth
• Off Balance Sheet Bill Discounting