Validation & Verification Bodies or VVBs are important and in order to make sure that those enlisted as a VVB follow the set protocols, there are guidelines in place and a process which is adhered to; A brief about the VVB empanelment process is shared below :-
- Submission of the application
- Review of the application by NCCF which takes 14 working days.
- Payment of annual empanelment charge by VVB (within 7 working days)
- Contract signing between NCCF & VVB (within 7 working days)
- Listing of the VVB on the website (within 5 working days)
VVB shall submit the appropriate evidence(s) of compliance with the eligibility criteria, as applicable along with the VVB empanelment form to NCCF for empanelment with the Registry.