IRDAI IMF Registration Process in Delhi for Existing Companies and LLPs

• What is IMF registration? It is IRDAI approval under the IMF Regulations 2015, filed at imf.irda.gov.in, that lets a company, LLP or co-operative society distribute insurance and other financial products.
• How does an existing entity register? Secure the NOC, ensure the name carries "Insurance Marketing Firm" or "IMF", then file Form A with the INR 5,000 fee from an SBI account in the firm's name.
• What are the core requirements? INR 10 lakh net worth (INR 5 lakh for a single aspirational district), a qualified Principal Officer, and at least one Insurance Sales Person.
• Is the registration still renewed every 3 years? No. Registration is now perpetual since 5 February 2026, subject to the annual fee and compliance.
• How does Patron help Delhi entities? We handle the full filing from INR 24,999 (Exl GST and Govt. Charges), typically in roughly 6-10 weeks.

Delhi is one of India's largest financial-services markets, with established advisory practices, NBFC offices, and corporate agents across Connaught Place, Nehru Place, Rajendra Place, and business districts spread through South, West, and East Delhi. Many of these are existing entities that already hold an MCA registration and now want to add IRDAI registration to distribute insurance independently. This page focuses on exactly that journey - adding IRDAI registration to an entity you already own. For founders who still need to incorporate first, see IRDA IMF Business Registration, and for the full directory of options explore IMF Services.

Although the IMF process is centralised on the national IRDAI portal, having a CA and CS team that understands your Delhi entity, banking, and documentation removes friction. Patron coordinates the SBI account requirement, the net-worth certificate, Principal Officer and ISP training, and the Professional Indemnity cover so your firm is ready for IRDAI scrutiny. Content is reviewed quarterly for accuracy.

Existing companies and LLPs adding insurance distribution: A Delhi company or LLP that already operates and now wants to distribute insurance independently, with its own ISPs, rather than working as a tied agent.

Corporate agents and POSP agents graduating to an IMF: Agents who want the independence of an IMF model can convert. For that specific journey, see IMF for Insurance Agents.

Financial and wealth advisors: Advisory practices across Connaught Place, Nehru Place, and South Delhi that want to add regulated insurance distribution to their offering. See IMF for Financial Advisors.

Mutual fund distributors and SEBI-registered investment advisers: AMFI ARN holders and RIAs cross-selling insurance through an IMF. See IMF for Mutual Fund Distributors and IMF for Investment Advisors.

Co-operative societies: Eligible co-operative societies in and around Delhi that meet the net-worth and Principal Officer requirements.

Aspirational-district applicants: Entities operating in a single aspirational district qualify for the lower INR 5 lakh net-worth threshold. For the rural and Tier-3 angle, see IMF for Rural and Tier-3 Cities.

• The applicant must be a company, LLP or co-operative society.
• The registered name must contain "Insurance Marketing Firm" or "IMF".
• Net worth of INR 10 lakh, reduced to INR 5 lakh for a single aspirational district.
• A qualified Principal Officer who has completed 50 hours of IRDAI training and cleared the IMF exam.
• At least one Insurance Sales Person (Class 12 qualified, ISP-trained and exam-cleared) per office.
• An SBI account in the firm's name for the IRDAI application fee.
• Professional Indemnity cover of 2x preceding-year remuneration, with a minimum equal to net worth.
• District-based operation across a maximum of 3 districts (if more than one, at least one must be an aspirational district).

• Form A - the IRDAI IMF application
• IRDAI NOC (No Objection Certificate)
• ROC incorporation certificate with "Insurance Marketing Firm" or "IMF" in the name
• MoA and AoA, or the LLP agreement, plus the entity PAN
• SBI bank account details in the firm's name
• CA net-worth certificate
• Principal Officer qualification and 50-hour training plus IMF exam certificates
• ISP qualification, training and exam certificates
• Three-year business plan with org chart and infrastructure photographs
• Insurer consent letters for the chosen tie-ups
• Fit and Proper declarations

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

Professional service charges for advisory, document preparation, and filing are separate from statutory fees and pass-through costs such as training, examination, and PI cover. The exact fee depends on your entity type, the readiness of your documentation, and the tie-ups required. Contact us for a detailed quote.

Get a free IMF registration consultation - Call +91 945 945 6700 or WhatsApp us. No-obligation assessment.

For agents weighing this decision, see IMF for Insurance Agents; for the entity-type choice between a private limited company and an LLP, see IMF Private Limited vs LLP.

Patron supports the full Insurance Marketing Firm lifecycle:

• IMF Services - the full directory of IMF registration and compliance services
• IRDA IMF Business Registration - incorporation plus IRDAI registration, end to end
• ISMP Certification and ISP Appointment - training, exam, and certificate management
• IMF Compliance Retainer Services - annual returns, premium accounting, and renewals
• IMF Private Limited vs LLP - the entity-type decision framework
• IMF Application Rejection Recovery - recovery support for rejected applicants

Governing framework:

• IRDAI (Registration of Insurance Marketing Firm) Regulations 2015 - notified 21 January 2015
• Filing on the IMF portal at imf.irda.gov.in, regulated by IRDAI
• Sabka Bima Sabki Raksha / Amendment of Insurance Laws Act 2025 - introduced perpetual registration from 5 February 2026

Ongoing obligations:

• Annual CA net-worth certificate within 3 months of the financial-year close
• Continued Professional Indemnity cover (2x preceding remuneration, minimum equal to net worth)
• Annual fee and continued IRDAI compliance and reporting to maintain perpetual registration
• At least one Insurance Sales Person per office, operating within the registered state

An incomplete Form A is the most common cause of delay and the easiest to avoid. With perpetual registration now in force, the value of getting the application right the first time is higher than ever - you set up once and maintain it through the annual fee and net-worth certificate.

Begin your registration - Call +91 945 945 6700 or WhatsApp us.

IRDAI IMF registration lets an existing Delhi company, LLP or co-operative society distribute insurance independently under the IRDAI (Registration of Insurance Marketing Firm) Regulations 2015. With registration now perpetual since 5 February 2026, this is a one-time setup that opens up multi-insurer distribution through your own ISPs.

Patron Accounting's CA and CS team manages the complete journey for existing entities - name alignment, SBI account, NOC, net-worth certificate, Principal Officer and ISP training, Professional Indemnity cover, insurer consents, and Form A filing on imf.irda.gov.in - from INR 24,999 (Exl GST and Govt. Charges). Reviewed by the CA & CS Team, Patron Accounting LLP.