Eligibility Criteria for a PSARA License

To obtain a PSARA license, the security agency must meet the following eligibility criteria:

• The agency must be owned and controlled by an Indian citizen or an Indian company.
• The majority of the shareholders of the company must be Indian citizens.
• The agency must have a clean track record and must not have been convicted of any criminal offence.
• The agency must have adequate infrastructure and resources to provide security services.
• The agency must have a qualified security manager.
• The agency must have a security training institute or a training centre approved by the government.

The following are the specific eligibility criteria for the key management personnel of a PSARA-licensed agency:

• The security manager must be a citizen of India and must have a bachelor's degree in security or a related field.
• The security manager must have at least 5 years of experience in the security industry.
• The security manager must have a valid security training certificate from a recognised institute.
• The other key management personnel must be citizens of India and must have at least three years of experience in the security industry.