Electroless Ni-P composite coatings have gained a good deal of popularity and acceptance in recent years as they provide considerable improvement of desirable qualities such as hardness, wear, abrasion resistance, etc. The disagreement among researchers on the corrosion behaviour of these coatings warrants a thorough investigation. Among the various techniques available for the determination of corrosion resistance, electrochemical impedance spectroscopy (EIS) is considered to be superior as it provides not only an assessment of the corrosion resistance of different deposits but also enables the mechanistic pathway by which the deposits become corroded to be determined. The present investigation focuses on the evaluation of the corrosion resistance of electroless Ni-P and Ni-P-Si3N4, Ni-P-CeO2 and Ni-P-TiO2 composite coatings produced using an acidic hypophosphite-reduced electroless nickel bath, using EIS. The study makes evident that the same fundamental reaction is occurring on all the coatings of the present study but over a different effective area in each case. The charge transfer resistance of electroless Ni-P and Ni-P composite deposits are in the range 32,253-90,700 Ω cm2, whereas the capacitances of these coatings are in the range 11-17 μF/cm2. The improved corrosion resistance obtained for electroless Ni-P and Ni-P composite coatings is due to the enrichment of phosphorus on the electrode surface, which enables the preferential hydrolysis of phosphorus over that of nickel. The better corrosion resistance obtained for electroless Ni-P composite coatings can be ascribed to the decrease in the effective metallic area prone to corrosion. Among the three electroless Ni-P composite coatings, the corrosion resistance is in the following order: Ni-P-CeO2 = Ni-P-Si3N4 > Ni-P-TiO2.