LEIL LEI

Legal Entity Identifier India Limited (CIN- U74900MH2015PLC268921) – A Wholly Owned Subsidiary of The Clearing Corporation of India Ltd. acts as a Local Operating Unit (LOU) for issuing globally compatible Legal Entity Identifiers (LEIs) in India.

“LEIL has been recognized by the Reserve Bank of India as an “Issuer” of Legal Entity Identifiers under the Payment and Settlement Systems Act 2007 (as amended in 2015).” LEIL has been Accredited by the Global Legal Entity Identifier Foundation (GLEIF) as a Local Operation Unit (LOU) for issuance and management of LEI's.

Why is a Legal Entity Identifier required for my organization?

The Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction.
LEIL will assign LEIs to any legal identity including but not limited to all intermediary institutions, banks, mutual funds, partnership companies, trusts, holdings, special purpose vehicles, asset management companies and all other institutions being parties to financial transactions.
LEI will be assigned on application from the legal entity and after due validation of data. For the organization, LEI will

Serve as a proof of identity for a financial entity
Help to abide by regulatory requirements
Facilitate transaction reporting to Trade Repositories

What is the LEI code?

The structure of the global LEI is determined in detail by ISO Standard 17442 and takes into account Financial Stability Board (FSB) stipulations.

LEIL as an LOU

The parent Company CCIL, offers a host of services that enables trading on sophisticated Trading Platforms, reporting trades to a comprehensive Trade Repository, settle the trades on a guaranteed basis through its CCP services and enjoy a range of post-trade services. At every stage, the LEI will be a useful value-addition. LEIL uses its parent company’s expertise in trading, reporting and settlement engines to bring to you LEI web portal that provides a number of benefits:

Self-registration – Set yourself up quickly and simply
Advanced search and filter including foreign LEIs – helps you find the information you need quickly
Challenges – assists with the proactive maintenance of entity data
Easy to use interface – User Guide, FAQs and very little training required
Accuracy and reliability – Rigorous duplicate check from consolidated database from other LOUs.

What's New

June 30, 2022

Revised Charges for LEI Issuance w.e.f July 1, 2022

LEIL announces the reduction of fees for New Registration with effect from 1st July 2022.

For New Registration:

Rs.4250 + 765 (18% GST) = Rs.5,015 (Revised from Rs.4500 + 810 (18% GST) = Rs.5,310) With effect from July 1, 2022

******Applicants who have received official intimation from LEIL for payment or have made payment to LEIL prior to 1st July 2022 will continue to pay fees based on the fees applicable during that period.

Mar 21, 2022

Legal Entity Identifier (LEI) for Borrowers

The Reserve Bank of India has mandated the phase-wise implementation of the LEI system for borrowers of banks and FIs in India greater than 5 crores. Entities without an LEI code are not to be granted renewal / enhancement of credit facilities.

Mar 15, 2022

Rubix as Validation Agent of LEIL in India

LEIL has appointed Rubix Data Sciences Private Limited (https://rubixds.com/) , a technology driven analytics-based company , as its first Validation Agent . Rubix partners with LEIL to carry out validation process while issuing /renewing LEIs to Indian entities.

Mar 04, 2022

New LEIL Rules w.e.f 14 March 2022

LEIL Rules have been amended to incorporate changes with respect to GLEIF requirements, introduction of the Validation Agent (as approved by GLEIF) and few other changes necessitated on account of operational requirements. The amended LEIL Rules will be effective from March 14 2022.

Sep 06, 2021

LEI Code Mandates in India

Please click here to read them

June 14, 2021

LEIL Self Declaration for TDS rates under Section 206AB of the Income Tax Act, 1961

Feb 28, 2020

LEI Data Look-up API

We are happy to inform that LEIL has developed an API facility for LEI search and is available to test in mock environment.
Read more

June 01, 2019

Want to Renew your LEI?

Please click here to know the Renewal Process

Dec 26, 2018

Revised Charges for LEI Issuance w.e.f Jan 1, 2019.

LEIL announces the reduction of fees for New Registration with effect from 1st Jan 2019.
Read more

September 19, 2017

GST Details of LEIL

The information with respect to the legal entity published on the website of LEIL shall not be construed as an advice of professional, financial, legal or an investment advice and must not be used as the basis for making investment decisions (lending and exposure).

LEIL does not advocate, advise or advertise the financial/legal soundness, standing or stability of the Legal Entity to which LEI is assigned by LEIL. The assignment of LEI to a Legal Entity does not amount to LEIL vouching for the Legal Entity’s financial/legal soundness or financial standing. Any person using the public information about a Legal Entity published on this Site is requested to do the normal due diligence of the Legal Entity, which he or she would have normally done in the ordinary course of business before entering into the financial transactions with such Legal Entities holding LEIs issued by LEIL.