Register LEI > India Legal Entity Identifiers
How to obtain a Legal Entity Identifier in India
RapidLEI – the new, easier way to register LEI Numbers
24/7 automated LEI application. Same day registration for your LEI Number.
Join the thousands of Indian organizations, trusts & funds who now choose RapidLEI.
#1
NEW VALIDATED
LEI ISSUER BY VOLUME
…
LEIs ISSUED
THIS MONTH
4393
LEIs ISSUED
LAST MONTH
…
ORGANIZATIONS
USING RAPIDLEI
#1
LEI ISSUER FOR
DATA QUALITY
1 year
$85
LOW COST
3 years
$217
SAVE $38
5 years
$319
SAVE $106
- Automated issuance process
- Get LEI in just minutes
- Feature-rich LEI management portal
- Automatic annual renewals
- 24/7 expert support
- Free Transfer of existing LEIs
- #1 Global LEI Issuer
- GLEIF accredited Legal Operating Unit
Register RBI accepted LEIs for you or your clients in minutes
Choose multi-year for automated renewals. Save time, money, and lower risk of lapsed LEI fines!
Like the Clearing Corporation of India Limited (CCIL), RapidLEI is accredited by the GLEIF to issue LEIs in India.
New LEI mandates from the Reserve Bank of India (RBI)
50,000+ Indian organizations have been issued Legal Entity Identifiers. LEIs are mandatory for all participants in the Over-the-Counter (OTC) markets for Rupee Interest Rate derivatives, foreign currency derivatives and credit derivatives in India. LEIs must be renewed annually. Lapsed LEIs will not be deemed valid for Trade Repository (TR) reporting.
Mandated by the Reserve Bank of India (RBI), from April 1 2021, entities who undertake large value transactions (₹50 crore and above) using the Reserve Bank-run Centralised Payment Systems must obtain and use an LEI. RBI has asked member banks using its Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) to advise entities to obtain LEI in time, if they do not already have one. Read the full RBI LEI implementation schedule.
Why Choose RapidLEI?
24/7 around the clock issuance,
including weekends
Automated application process –
most LEIs issued in minutes
#1 global issuer and #1 for LEI data quality
See Statistics
5 star customer satisfaction
score on Trustpilot
Read Reviews
Low prices and deep
multi-year discounts
EnterpriseLEI for complete LEI
lifecycle management
Learn about EnterpriseLEI
Single LEI Pricing for New, Transfers, Renewals
Not sure which LEI product you need?
Get in touch with our Support Team
New LEI pricing
| PRICE | DISCOUNT | SAVING | ||
| 1 year |
$85 |
|||
| 2 years |
$153 |
10% |
$17 | |
| 3 years |
$217 |
15% |
$38 | |
| 4 years |
$272 |
20% |
$68 | |
| 5 years |
$319 |
25% |
$106 | BEST VALUE |
Transfer / Renew LEI pricing
| PRICE | DISCOUNT | SAVING | ||
| 1 year |
$85 |
|||
| 2 years |
$153 |
10% |
$17 | |
| 3 years |
$217 |
15% |
$38 | |
| 4 years |
$272 |
20% |
$68 | |
| 5 years |
$319 |
25% |
$106 | BEST VALUE |
LEIs managed by other LOUs must first be transferred to RapidLEI before they can be renewed by RapidLEI. Click Transfer to initiate a Transfer request.
Volume pricing and bulk management available through EnterpriseLEI solution
HOW RAPIDLEI WORKS
RapidLEI is fully automated and makes it easy for you to register, manage and use your LEIs efficiently. No form filling, printing, signing and scanning means more time to spend on running your business!
START TYPING ORG NAME
In real time we search the local business registries of India to find your company. We auto-fill the results to make it easy for you.
E-SIGN IN YOUR BROWSER
Electronically sign the mandatory timestamped contract directly in your browser or electronically delegate to a company official. No printing, no faxing needed – completely online and easy.
YOUR LEI IS PUBLISHED
Your newly issued LEI number is then published to the Global LEI Index – the master global directory of all Legal Entity Identifiers
Legal Entity Identifier Frequently Asked Questions
WHY DO LEIs FROM RAPIDLEI COST LESS THAN OTHER ISSUERS?
In order for every organization in the world to obtain an LEI code we need an LEI issuing platform that can scale. We built a solution that automates the LEI application process by connecting to the worldwide business registries in real time. This makes applications faster, and it makes the operational costs much lower. We pass on these savings to you by providing LEIs at a much lower cost than any of our competitors.
DOES RAPIDLEI ISSUE ACCREDITED, RECOGNIZED LEIS ACCEPTED BY THE RBI FOR INDIA COMPANIES?
RapidLEI is one of about 30 accredited LEI Issuers, also known as LOUs (Local Operating Units). RapidLEI was accredited in June 2018 and we sit alongside organizations like the Clearing Corporation of India Ltd (CCIL and its LEI India Limited organization), Bloomberg LEI, DTCC (GMEI Utility LEI), the LSEG (London Stock Exchange Group) UK LEI issuer, and others. We supply registration, renewal and other LEI services for legal entities wishing to utilize LEIs.
RapidLEI Legal Entity Identifiers are accepted by the Reserve Bank of India (RBI).
WHO IS THE GLEIF?
The Global LEI Foundation (GLEIF) was established by the Financial Stability Board and the G20 in 2014. The GLEIF is tasked to support the implementation and use of the LEI.
HOW FAST IS RAPIDLEI GROWING?
Since launching in 2018 the GLEIF has consistently recognized RapidLEI has the fastest growing LEI Issuer. RapidLEI is the #1 issuer of new LEIs globally and the #1 LEI Issuer for data quality. You can track LEI growth and data quality statistics from RapidLEI, DTCC (GMEI Utility LEI), and Bloomberg LEI at rapidlei.com/stats.
DO YOU HAVE TO BE A COMPANY TO GET AN LEI?
LEI numbers can be issued to registered companies and subsidiaries, non-profit organizations, sole proprietors, international branch offices, funds and trusts.
HOW LONG WILL IT TAKE TO REGISTER MY LEI?
The RapidLEI platform uses automation to make the LEI application process quick and easy. Many LEIs are issued in just minutes, but if company identity data needs additional human-based checks, it takes a little longer. If this is the case, we still issue your LEI in just hours, and almost always on the same day as application.
I ALREADY HAVE AN LEI, HOW DO I RENEW IT WITH RAPIDLEI?
Only the LOU managing the LEI can renew the LEI. If you want to renew an existing LEI with RapidLEI, you must first transfer it to RapidLEI. This is a simple process and our web forms guide you through the process (click for LEI transfer process).
HOW DO I FIND OUT IF MY LEI IS LAPSED, INACTIVE OR INVALID?
You can use our Lookup LEI tool to find out the current status. We connect to the global LEI index to check, and depending on status our system will help you renew, register, or reactivate a lapsed LEI quickly (click for urgent lapsed lei issues).
WHO IS UBISECURE?
Ubisecure is an identity services technology provider and the GLEIF accredited organization behind RapidLEI. We develop SaaS, cloud solutions, and on-premise software for Identity & Access Management. LEIs are central to our vision on providing security and identity services for the organization identity domain. We have offices in the US, UK, Finland, Sweden and Germany.
DOES RAPIDLEI HAVE LOCAL PARTNERS?
You can buy LEI codes from RapidLEI directly, or you can buy from our global network of dozens of certified Registration Agent partners. RapidLEI has a partner-first approach and we work only with Registration Agent partners who add local expertise such as language support, regulatory understanding, currency support and more.
Go to the RapidLEI partner directory to find a local partner in India.
If you wish to become a Registration Agent, speak to the LEI Partner Team.
WATCH: Intro to LEIs and RapidLEI
