Statutory Regulations

There are few requirements that need to be taken care of before applying for the PSARA license:

• Foreign Direct Investment is not allowed in PSARA.
• Applicant should be in possession of an office prior to applying for a license. It can be rented, leased, or owned. If it is rented then the rental agreement may be registered or unregistered and a No Objection Certificate (NOC) from the owner of the premises is a must.
• In some state’s applicants should be financially sound, which should reflect in their Income Tax Returns.
• There is no Minimum Educational Qualification required.
• Anyone can apply for a PSARA license; it is not limited to Ex-servicemen of armed forces or any other forces.

Mandatory forms which come under PSARA

• Form Description
• Form I Verification of Character & Antecedents of Applicant
• Form II Form for Verification of Character and Antecedents of Security
• Guard and Supervisor
• Form III Character and Antecedents Certificate
• Form IV Training Certificate
• Form V Application for New License/Renewal of License to engage in Business of Private Security Agency
• Form VI License to engage in the business of Private Security Agency
• Form VII Form for Appeal
• Form VIII Register of Particulars
• Form IX Photo ID Card for Private Security Guard/ Supervisor