Key Facts
641902 at a Glance
Code 641902
Official title Activities of Payment, Small Finance Banks and similar activities
Version NIC 2025
Source authority MoSPI
Fi
NIC 2025 MoSPI source NIC 641902 - Activities of Payment, Small Finance Banks and similar activities
NIC 641902 classifies activities of payment, small finance banks and similar activities as a final six-digit business activity under Section L and Division 64. Use it when this activity is the main source of revenue.
In this section
641901
Activities of commercial banks, Regional Rural Banks, Local Area Banks
641902
641903 Activities of Payment, Small Finance Banks and similar activities
Activities of co-operative banks including Urban Co-op Banks, Primary Agricultural Credit Societies (PACS), Central Cooperative Banks (CCBs), State Cooperative Banks (SCBs) and other credit co-operatives and unions
641904 Activities of Postal giro and postal saving banks activities and money order activities and other similar activities
641905 Activities of deposit taking NBFCs (Investment and Credit Companies (ICC), Housing Finance Companies (HFC))
641906 Activities of non-deposit taking NBFCs(ICC, NBFC-Infrastructure Debt Fund, NBFC-Micro-Finance Institutions, NBFC-Non-Operating Financial Holding Companies, HFC, Standalone Primary Dealers)
641907 Activities of monetary intermediation carried out by Self Help Groups (SHG)
641999 Other monetary intermediation activities n.e.c.
Official note
Class 6419 note from source layer
This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or other forms of lending funds. The granting of credit can take a variety of forms, such as loans mortgages, consumer credit cards etc. These activities are generally carried out by monetary institutions other than central banks This class excludes: - credit granting by specialised non-depository institutions, e.g. for house purchases, see 6492 - credit card transaction processing and settlement activities, see 6619