One of our readers wrote to us with this query:
Can I renew my ARN if it is due for renewal in March 29, 2021?
SM Inamdar, Palghar, Maharashtra
Dear Inamdar,
You can renew your ARN not before 12 months prior to the date of expiry of the ARN. Considering that your ARN will be expiring on March 29, 2021, you can renew your ARN with due process.
Remember that you will have to enroll for CPE training to renew your ARN. With NISM introducing online CPE or eCPE for distributors, ARN renewal has now become completely online.
In order to renew ARN/EUIN, mutual fund distributors and their employees have to undergo mandatory training called continuing professional education (CPE) through six hours classroom training or three and a half hours digital training while sitting in the convenience of home or office.
Once you appear for this refresher course, NISM will share a certificate stating that you have successfully completed the mandatory training with AMFI.
The process of ARN renewal is completely paperless and based on Aadhaar. Ensure that your Aadhaar is linked with your mobile number to avail this online facility.
