NIC 661902 - Investment advisors/ consultant (including robo-advisory services and analysing financial markets as an advisory service), mortgage and loan advisors, financial advisors in relation to mergers and acquisition services
NIC 661902 classifies investment advisors/ consultant (including robo-advisory services and analysing financial markets as an advisory service), mortgage and loan advisors, financial advisors in relation to mergers...
Source Verification for 661902
2 of 4 factors passing
- Verified in official source - Found in NIC_2025.xlsx official MoSPI release dataset.
- International crosswalk available - No official ISIC/NACE/CPC/ISCO correspondence table is bundled in this build input set.
- Migration from previous edition - No legacy migration candidate found in the NIC 2008 converter layer for this code.
- Complete hierarchy chain - All parent levels exist: Section > Division > Group > Class > Sub-class (5 levels).
- Official size/threshold documented - No official code-level size or threshold dataset is included in this source bundle.
- Trade or export crosswalk match - No official NIC-to-HS/export correspondence table is bundled in this source bundle.
- Legacy national crosswalk - No linked NIC 2008 legacy code is available for this record in the current converter layer.
What Investment advisors/ consultant (including robo-advisory services and analysing financial markets as an advisory service) Means Under NIC 2025
NIC 661902 is the final six-digit endpoint for Investment advisors/ consultant (including robo-advisory services and analysing financial markets as an advisory service), mortgage and loan advisors, financial advisors in relation to mergers and acquisition services. It should be selected only when the enterprise's primary financial service activity matches this title more closely than 661901 Financial transaction processing and settlement activities, including digital (or internet-based) payment provision and settlement activities for credit card transactions (payment gateways), 661903 Activities of digital currency wallet providers, 661904 Validation and mining for crypto assets deemed financial assets.
When to Choose 661902 Over Nearby Codes
Choose 661902 only when operations, invoices and revenue narrative align with Investment advisors/ consultant (including robo-advisory services and analysing financial markets as an advisory service), mortgage and loan advisors, financial advisors in relation to mergers and acquisition services. If the activity also includes 661901 Financial transaction processing and settlement activities, including digital (or internet-based) payment provision and settlement activities for credit card transactions (payment gateways), 661903 Activities of digital currency wallet providers, 661904 Validation and mining for crypto assets deemed financial assets, compare those pages before filing.
In this section
Common Questions About NIC 661902
Does NIC 661902 cover regulated professional or financial work?
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.
Can an advisory firm use NIC 661902 if it serves another industry?
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.
How do I verify that NIC 661902 is correct before filing?
Check the parent hierarchy, compare 661901 Financial transaction processing and settlement activities, including digital (or internet-based) payment provision and settlement activities for credit card transactions (payment gateways), 661903 Activities of digital currency wallet providers, 661904 Validation and mining for crypto assets deemed financial assets, 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.
What happens if I use the wrong NIC code in Udyam or MCA registration?
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.
Is there a legacy NIC 2008 equivalent for NIC 661902?
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.
Before you select NIC 661902
NIC 661902 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.
Data Source and Verification Date
Source layer
Official NIC 2025 Excel and PDF from MoSPI.
Last verified
2026-04-21 from the generated NIC 2025 source layer used in this build.
Disclaimer
This is an independent reference tool. Verify filing-critical decisions in official sources.