Step-by-Step Guide: How to Register & Complete KYC on MSTC
Unlock Lucrative Opportunities
Government auctions in India present significant opportunities for businesses and individuals to acquire valuable assets ranging from vehicles, real estate, industrial equipment, coal, scrap materials, to mineral rights, often at attractive prices. Understanding the nuances of these auctions can lead to profitable investments and strategic growth.
Step 1 — Visit MSTC E-Auction Portal
To begin your MSTC journey, visit the official portal: https://www.mstcecommerce.com/.
Select your desired auction type such as:
Scrap Auction
Coal e-Auction
Government Property Auction
E-Procurement Portal
Click on “Register as Buyer” to initiate the process. This section opens a dedicated registration form designed to collect basic and KYC information.
Step 2 — Fill the New Buyer Registration Form
The MSTC registration form requires your business and personal details to be entered precisely as per official documents.
Information Required:
Applicant Name / Business Name
Email ID & Mobile Number (for OTP verification)
PAN & GST Number
Communication Address & Pin Code
Bank Account Details
Business Category (Individual / Proprietorship / Company / Partnership)
Once completed, the system sends an activation link via email. You must click this link to verify your MSTC account and proceed to KYC upload.
Step 3 — Prepare & Upload KYC Documents
After activation, log in to your account and navigate to “Upload KYC Documents.”
Mandatory KYC Documents
Document Type Purpose / Requirement PAN Card Mandatory for tax and identity verification GST Certificate Confirms business legitimacy Address Proof Electricity Bill / Rent Agreement / Aadhaar Bank Details Cancelled Cheque or Bank Statement Digital Signature Certificate (DSC) Required for e-bidding and submission of bids
Step 4 — KYC Verification & Approval Timeline
Once uploaded, your documents go through MSTC’s verification process conducted by its internal team. The usual processing time is:
1–3 working days for individuals and proprietorships
You’ll receive a “KYC Approved” email once your account is verified. Thereafter, you can log in using your credentials to access Live Auctions, Upcoming Tenders, and Bidding Dashboards.
1–3 working days for individuals and proprietorshipsStep 5-Common Mistakes & How Leegal Resolves Them
Many applicants face delays due to small errors. Here’s how to avoid them — and how Leegal helps fix them quickly.
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Conclusion
Registering on MSTC is the first step toward unlocking government-backed auction opportunities in scrap, coal, and industrial segments. With Leegal by your side, you can go from registration to bidding in record time — accurately, confidently, and compliantly.
Strategic Insight
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Breaking Down the Tendering Process
Navigate the tendering process seamlessly with our in-depth guide, breaking down the journey into distinct stages. Explore a step-by-step breakdown, delve into the intricacies of initiation, planning, preparation, and unravel the critical evaluation and award stages.
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Step-by-Step Breakdown
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