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