CERSAI

CERSAI

Central Registry of Securitisation Asset
Reconstruction and Security Interest (CERSAI) is a
central online security interest registry of India.
 It was primarily created to check frauds in lending
against equitable mortgages, in which people would
take multiple loans on the same asset from different
banks.
 A Government company licensed under section 25 of
the Companies Act, 1956 having its Registered Office
at New Delhi.
 According to the government's directives, financial
institutions must register details of security interests
created by them with CERSAI within 30 days of its