1. 𧾠Introduction
To operate a private security business in Maharashtra, you must obtain a license under the Private Security Agencies (Regulation) Act, 2005 (PSARA). This license authorizes you to deploy guards, provide cash transport, surveillance, and other security servicesâensuring legal compliance and public trust.
ð¢ New Maharashtra Rule (April 2025): Additional regulations now govern cash-transport activities and secure vehicle requirements.
2. ð Types of Licenses Offered
Under PSARA, Maharashtra issues:
- ð Agency License â Covers guard deployment
- ð° Cash Transportation License â Includes armored vehicle regulations
- ð« Armament Permit â For agencies using weapons
- ðï¸ Guard Training Registration
- ð License Renewal/Transfer
The official licensing portal is the PSARA Central Portal managed by the MHA.
3. ð¥ Who Needs These Services?
- Entrepreneurs planning to start a security agency
- Agencies offering cash-in-transit services
- Firms providing armed/unarmed guard deployment
- Businesses needing certified security guard training programs
4. ð¤ Why Use a Service Provider?
Navigating the PSARA process requires:
- Correct form preparation and vetting
- MoU with approved training institutes
- Submission of police verification reports
- Compliance with new armored-van standards for cash transport
ð Professional consultants streamline documentation, liaise with the Controlling Authority, and reduce rejection chances.
5. ð ï¸ Registration Process (StepâbyâStep)
- â Ensure business is legally registered (LLP/Pvt Ltd/Proprietorship)
- ð Register on PSARA website and select Maharashtra authority
- ð Upload application (Form I), including MoU, company details
- ð® Submit police verification forms for directors
- ð³ Pay government fee (â¹5,000â25,000 depending on license scope)
- ð Schedule inspection by Controlling Authority
- ð Receive PSARA License (valid 5 years) and get equipped to operate
- ð For cash transport: Ensure armored vehicle meets Aprilâ2025 specs
6. ð Required Documents
- Company Registration Certificate (CIN/GST)
- PAN and Aadhaar of Directors/Partners
- Address proof of office
- MoU with training institute
- Police Verification Reports for key personnel
- NOC for office premises
- Documents for armored vehicle (if handling cash transport)
7. ð¸ Cost Involved
- License Fee: â¹5,000 (one district), â¹10,000 (1â5 districts), â¹25,000 (entire state)
- Police Clearance Report: ~â¹300 per director
- Vehicle Fit-out Cost: â¹1â2 Lakh for armored cash vans
- Consultant Fees: â¹15,000ââ¹50,000
8. â±ï¸ Time Taken
| Stage | Timeline |
| Form Submission | 1â2 days |
| Police Verification | 15â30 days |
| Inspection & Approval | 30â45 days |
| Cash-van Fit-out (if needed) | 15â30 days |
ð Typical total: 60â90 days for full compliance, faster if documents are prepared.
9. â ï¸ Common Mistakes to Avoid
- Forgetting MoU with a certified training institute
- Delay in police verification
- Failing to apply updated armored-van design for cash transport
- Not renewing license in time (5-year validity)
- Overlooking Form I completeness or missing fees
10. ð Call-to-Action (CTA)
Need help setting up your Private Security Agency or Cash Transport Service?
ð§ Email:â¯opriyatrendingpvtltd@gmail.com
ð² WhatsApp:â¯+91â¯7588756518
ð Visit:â¯opriyatrending.in
ð Weâll assist with license application, police verification, armored vehicle compliance, and more.
â 11. FAQs
Q1. How long is PSARA license valid?
Usually 5 years, renewable before expiry.
Q2. Is police verification mandatory?
Yesâfor all partners/directors and key personnel.
Q3. Can we operate cash transport without an armored van?
Noânew Maharashtra rules mandate secured cash vans.
Q4. Do I need training MOU even if not providing training?
Yes. Even guard-supplying agencies must partner with certified trainers.
Q5. Can license cover multiple districts?
Yesâchoose district coverage during application and pay accordingly.