Udyam registration is a free online process on the official portal for micro, small, and medium enterprises in India. It replaced older systems like Udyog Aadhaar and needs just Aadhaar and PAN for quick setup.
Businesses use the Udyam Registration certificate to access loans, subsidies, and platforms like TReDS. For TReDS, a valid Udyam number proves MSME status, which is required for sellers to upload invoices and get financing.
Without Udyam, you cannot join TReDS platforms fully. Sites like udyamregisteration.org make registration very easy compared to the gov website, with simple steps and fast support.
Understanding TReDS: Trade Receivables Discounting System for MSMEs
TReDS is an RBI-approved online platform where MSMEs sell unpaid invoices to banks or financiers for quick cash. Buyers approve invoices, and financiers bid at low discount rates.
It solves delayed payments from big companies, giving funds in 24-48 hours instead of 45-90 days. Platforms like RXIL, M1xchange, and Invoice Mart handle this digitally.
MSMEs must register on TReDS with Udyam details to start. Large buyers over Rs 250 crore turnover now must join by March 2025 for better MSME support.
Key Benefits of TReDS for Small Businesses in India
TReDS improves cash flow without collateral or high interest. Sellers get 90% of invoice value upfront at 1-2% cost.
It builds buyer trust and cuts admin work with digital approvals. MSMEs save on loans and grow faster with steady funds.
Government pushes it for MSME liquidity, with more banks joining. Use it for regular sales to corporates.
Who is Eligible for TReDS Platforms?
Any Udyam-registered MSME selling goods or services qualifies as a seller. Micro: turnover up to Rs 5 crore; small up to Rs 50 crore; medium up to Rs 250 crore.
Buyers are usually large firms; financiers are banks/NBFCs. No minimum invoice size, but must have GSTIN.
Sole proprietors to companies work if Udyam is active.
Linking Udyam to TReDS: Eligibility and Requirements
Valid Udyam certificate with UDYAM number is must for TReDS seller signup. Platforms auto-verify via PAN/GST link.
Update Udyam if details changed. Lifetime validity, but check status yearly.
TReDS needs extra KYC like bank proof and GST.
Step-by-Step: Checking Your Udyam Status for TReDS Onboarding
Go to udyamregistration.gov.in or udyamregisteration.org. Click "Print Udyam Certificate" or "Track Status".
Enter Udyam number and mobile/email for OTP. Download if active; update if needed.
If no certificate, register via udyamregisteration.org – faster than gov site.
Essential Documents for Udyam-TReDS Onboarding
Gather these for smooth process. Start with Udyam basics, add TReDS financials.
Core Udyam Registration Documents
Udyam Registration Certificate (UDYAM number): PDF with visible number.
PAN card of business/enterprise: Matches authorized person.
Aadhaar card of authorized signatory: Self-attested.
Financial and KYC Documents for TReDS
GST registration certificate: Active status.
Bank account details: Cancelled cheque or statement with IFSC, name.
Last 1-2 years' ITR or financial statements: Proves turnover.
Invoice and Trade Data Requirements
Sample invoices with buyer details: PDF/Excel, recent ones.
Buyer GSTIN and corporate details: Mandatory for upload.
Step-by-Step Guide: Preparing Your Data for TReDS Onboarding
Step 1: Verify and Update Udyam Registration
Check status online. Re-register if expired via udyamregisteration.org for ease.
Step 2: Gather and Digitize Financial Documents
Scan all to PDF/JPG, under 5MB each. Ensure names match across docs.
Step 3: Organize Invoice Data for Upload
List 5-10 samples in Excel: invoice no., date, amount, buyer GSTIN.
Step 4: Ensure Compliance with TReDS Platform Rules (e.g., Receivables Exchange, RXIL)
Read platform terms: stamped docs, NACH mandate. Sign MSA digitally.
Common Mistakes to Avoid During Udyam-TReDS Onboarding
Mismatched PAN/Aadhaar delays verification.
Incomplete invoice metadata like missing GSTIN rejects uploads.
Outdated GST or Udyam certificates cause rejection.
Unstamped KYC or unsigned MSA slows process.
Quick Checklist: Documents Ready for TReDS Onboarding
| Document/Data | Format | Notes |
|---|---|---|
| Udyam Certificate | Valid UDYAM number visible | |
| PAN & Aadhaar | PDF/JPG | Authorized signatory match |
| GST Certificate | Active status | |
| Bank Proof | IFSC and account holder name | |
| Invoices | Excel/PDF | Buyer GSTIN mandatory |
How to Onboard Seamlessly on Top TReDS Platforms
Visit M1xchange, RXIL, or Invoice Mart sites. Upload Udyam, KYC, bank docs online.
Sign digitally, add NACH. Test with sample invoice. Takes 30 mins to few days.
RXIL needs MOA/AOA for companies; M1xchange is fastest digital.
FAQs: Udyam and TReDS Onboarding
Do I Need a Valid Udyam Certificate for TReDS?
Yes, mandatory for seller registration.
How Long Does TReDS Onboarding Take?
1-7 days after docs approval.
What if My Udyam is Expired?
Udyam has lifetime validity; update details if needed.
Next Steps: Register on TReDS Today for Faster Payments
Verify Udyam now. Prepare docs using checklist. Join TReDS for quick cash – start at udyamregisteration.org for easy Udyam help.
