• Q Who all are eligible to apply for FM radio license?
    Only Companies registered in India under the Companies Act, 1956 shall be eligible for bidding and obtaining permission for FM Radio channels as per the policy and guidelines of MIB.

    Q What is the auction format?
    It will happen through an ascending e-auction process, on the lines followed by Department of Telecommunications in the auction of 3G/4G.

    Q Can existing license holder bid at the auction?

    Q What is the permission period under FM Phase-III Policy?
    The Permission shall be valid for a period of fifteen (15) years from the date of operationalization of the Channel or the expiry of the time limit for operationalization.

    Q Do we have to pay any Earnest Money Deposit along with the application for pre-qualification?
    Prospective bidders for a channel shall be required to deposit Earnest Money , along with the application for pre-qualification, in the form of a Bank Guarantee from a Scheduled Bank (as per the format specified by the Ministry) which shall be 25% of the reserve price of that city per channel.

    Q Any other fees needs to be paid along with the application?
    The applicant shall pay a non-refundable application processing fee of Rs. 25,000/- payable to Pay and Accounts, Ministry of Information and Broadcasting, New Delhi, through a demand draft.