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 How to Set Up an Account on MSTC – End-to-End Setup Guide


Account setup on MSTC is not just registration—it is a compliance + technology + governance process. A correctly set-up account ensures approval, bidding eligibility, EMD acceptance, and smooth lifting.

Below is the Leegal-standard account setup framework, followed by professional bidders.

STEP 1: Decide the Correct Account Type

Choose wisely at the start:

  • Buyer Account → Scrap traders, MSMEs, manufacturers

  • Seller Account → PSUs, corporates, institutions

🚨 Wrong role selection leads to rejection or bidding blocks.

STEP 2: Start Registration on MSTC Portal

  • Click Register

  • Select:

    • Buyer → E-Auction / E-Procurement (as applicable)

  • Verify email & mobile via OTP

STEP 3: Enter Business & Constitution Details

Fill exactly as per statutory records:

  • Legal business name (GST-based)

  • Constitution (Proprietor / Partnership / LLP / Pvt Ltd)

  • PAN & GSTIN

  • Registered address

  • Nature of business (must match scrap/auction activity)

🎯 Critical Control:

GST business activity must align with scrap or trading category.

STEP 4: Upload Mandatory Documents

Prepare clear, readable PDFs:

  • PAN Card (business)

  • GST Registration Certificate

  • Aadhaar (authorized signatory)

  • Cancelled cheque (business account)

  • Authorization letter / Board Resolution (if applicable)

📌 Poor scans = delayed approval.

STEP 5: Create Login Credentials

  • Set User ID & strong password

  • Note credentials securely (multi-user sharing is risky)

STEP 6: DSC (Digital Signature Certificate) Setup

This is where most accounts fail.

You must:

  • Use Class 3 DSC

  • DSC holder name must match authorized signatory

  • Install DSC utility

  • Map DSC to MSTC account

🚫 Without DSC mapping → No bidding, no payments, no lifting

STEP 7: Bank Account Mapping

  • Bank account must be:

    • Business-owned

    • GST-linked

    • Same name as MSTC registration

  • This account is used for:

    • EMD payment

    • Auction payment

    • Refunds

🚨 Personal accounts = rejection / refund failure.

STEP 8: Submit for Verification

  • Final review → Submit

  • MSTC verification timeline:

    • Usually 2–5 working days

  • Approval confirmation via email

STEP 9: Post-Approval Account Readiness

After approval:

  • Login to dashboard

  • Check:

    • DSC status → Active

    • Bank details → Verified

    • EMD payment option → Enabled

Now your account is auction-ready.

Common Account Setup Errors

  • GST nature mismatch

  • Wrong constitution selection

  • DSC not matching signatory

  • Personal bank account use

  • Incomplete authorization documents

Leegal’s Account-Setup Advantage

We don’t just “open accounts”—we engineer bidding-ready profiles:

  • Zero-rejection registration

  • GST & activity alignment

  • DSC + banking validation

  • Future-proof setup for multiple auctions