"Consensus is a word that it is used in several ways. But we will hold discussions with everybody, including opposition parties," he told news agency PTI during an interaction.
Parties like the Congress, Mamata Banerjee-led Trinamool Congress (TMC) and the Left have spoken about fielding a common opposition candidate. However, the ruling BJP is unlikely to be perturbed with the stand of the opposition parties as numbers in the presidential electoral college favour them.
Mr Shah declined to speak about likely names from the NDA for the President's post, claiming they have not decided on anyone yet. "We have not decided on any name yet. We will first talk to our NDA allies. Then we will talk to opposition parties," he said.
The electoral college for the presidential polls has a total of 11,04,546 votes with the BJP-led NDA's tally currently standing at about 5.38 lakh votes.
The BJP is also hopeful of getting the support of both the factions of the AIADMK, which is in power in Tamil Nadu.
The Presidential election is due in July and the election to the post of the Vice President is scheduled for August.
The electoral college for picking the Vice President is clearly in the BJP-led NDA's favour with the alliance having the support of 418 members out of 787, the combined strength of the Lok Sabha and the Rajya Sabha.