The MSME registration asks for the business activity by NIC code. For non-life insurance, that activity is 65120.
NIC code · National Industrial Classification 2008
65120 is the 5-digit NIC 2008 code for non-life insurance: a sub-class of class 6512, non-life insurance, within division 65, insurance, reinsurance and pension funding, except compulsory social security. Search a code or activity below, or copy the code for your Udyam or SPICe+ form.
This code
Division 65Group 651Class 6512Sub-class 65120
Non-life insurance
Sub-class 65120 · Class 6512 · Group 651 · Division 65 · Section K, NIC 2008
The code
Where the code sits in the National Industrial Classification 2008, from section to sub-class, in the official wording.
651205 digits: 65 + 1 + 2 + 0NIC 2025 · Notice dated 16 October 2026
On 18 November 2025 the Ministry of Statistics and Programme Implementation released NIC 2025, which uses 6-digit codes aligned with the UN's ISIC Revision 5. This page shows the NIC 2008 code 65120. The matching NIC 2025 code will be added here once it is mapped from MoSPI's official concordance.
How to read it
An NIC code is built in layers. Each digit narrows the one before it: the division, the group, the class, and finally the 5-digit sub-class. Divisions themselves are grouped under lettered sections.
The broadest numbered layer. Division 65 covers insurance, reinsurance and pension funding, except compulsory social security. It sits in section K, financial and insurance activities.
Insurance.
Non-life insurance. The official note for this class is quoted below.
Non-life insurance. The full 5-digit code you enter where a form asks for the business activity by NIC code.
What it covers
65120 is a sub-class of class 6512, non-life insurance. The NIC 2008 document explains the class in the note below, quoted exactly.
This class includes provision of insurance services other than life insurance such as accident and fire insurance, health insurance, travel insurance, property insurance, motor, marine, aviation and transport insurance, pecuniary loss and liability insurance
Where you use it
Two registration forms ask for the business activity by NIC code. This is where 65120 is entered.
The MSME registration asks for the business activity by NIC code. For non-life insurance, that activity is 65120.
The company incorporation form asks for the main industrial activity of the proposed company by NIC code.
Not GST. GST registration does not use NIC codes; goods and services there are classified by HSN and SAC codes.
Choosing the right code
65120 is for non-life insurance. The codes below sit closest to it in NIC 2008: other classes in group 651. Each has its own page with the official wording.
These belong to other classes in group 651, insurance. 65120 itself is in class 6512. Use the search above for any other code on this page.
Questions
Non-life insurance, in the National Industrial Classification 2008. It is a sub-class of class 6512, non-life insurance.
In Udyam Registration, which asks for the business activity by NIC code, and in the SPICe+ company incorporation form, which asks for the main industrial activity by NIC code. GST registration does not use NIC codes.
About this page
The section, division, group, class and sub-class on this page, and the explanatory note for class 6512, are taken word for word from the official document “National Industrial Classification (All Economic Activities) 2008”, Central Statistical Organisation, Ministry of Statistics and Programme Implementation, Government of India.
This is reference information on the classification of a business activity. It is not advice on which code your own business should declare, and the official NIC document prevails if the two ever differ. A change in the classification, including the MoSPI concordance to NIC 2025, re-opens this page for checking.
Not sure which code fits your activity, or spotted a mismatch? Use the WhatsApp button on this page and tell us what the business sells and how.