NIC 641903 classifies 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...
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NIC 641903 is the final six-digit endpoint for 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. It should be selected only when the enterprise's primary business activity matches this title more closely than 641901 Activities of commercial banks, Regional Rural Banks, Local Area Banks, 641902 Activities of Payment, Small Finance Banks and similar activities, 641904 Activities of Postal giro and postal saving banks activities and money order activities and other similar activities.
Choose 641903 only when operations, invoices and revenue narrative align with 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. If the activity also includes 641901 Activities of commercial banks, Regional Rural Banks, Local Area Banks, 641902 Activities of Payment, Small Finance Banks and similar activities, 641904 Activities of Postal giro and postal saving banks activities and money order activities and other similar activities, compare those pages before filing.
Use the code that matches the service actually provided. Financial intermediation, insurance, real estate, legal, accounting, consulting, engineering, advertising and R&D are separated into different professional service families.
Usually the firm's own service determines the NIC code, not the client's industry. For example, a consultant serving manufacturers is still a consulting or professional service business if advice is the revenue activity.
Check the parent hierarchy, compare 641901 Activities of commercial banks, Regional Rural Banks, Local Area Banks, 641902 Activities of Payment, Small Finance Banks and similar activities, 641904 Activities of Postal giro and postal saving banks activities and money order activities and other similar activities, and confirm that the official title matches the main revenue activity. For regulated or filing-critical decisions, verify the source row in the MoSPI dataset.
A wrong code can cause mismatched business descriptions, follow-up questions or later compliance cleanup. It is better to compare nearby codes before filing than to correct a weak classification later.
Use the legacy converter only as a migration aid. Old NIC 2008 matches can suggest where to look, but NIC 2025 should remain the primary reference for new code selection.
NIC 641903 should be selected only when the official title matches the main revenue-generating activity. If the business also trades, transports, processes, installs or supports the same product or service, compare nearby NIC pages before filing. This reduces the risk of choosing a code that describes the product being handled rather than the activity your enterprise actually performs.
Official NIC 2025 Excel and PDF from MoSPI.
2026-04-21 from the generated NIC 2025 source layer used in this build.
This is an independent reference tool. Verify filing-critical decisions in official sources.