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.
CPE aims to keep you abreast of the latest development and happenings in the mutual fund industry. The fees for the regular CPE or eCPE is Rs.2500 which is to be paid through NISM portal. Ideally, you should attend the CPE at least a month or two prior to the expiry of the ARN. NISM allows distributors to appear for CPE twelve months prior to the expiry of the ARN.
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.
Here are the steps for online renewal:
- Login to AMFI website and click on the distributor corner
- Enter your user-id and password i.e. your ARN or EUIN and password (you can create one by using ‘forget password’)
- On successful validation of your login credentials, CAMS will fetch information from NISM on NISM certification / CPE completion
- Once it is found that you have cleared the exam/CPE you will be able to make the online payment
- Amount due to be paid will be automatically updated. You can pay renewal fee of Rs.1770 (for individual category) online through net banking facility
- On successful completion of payment, your request will be processed immediately and ARN/EUIN renewed within a few minutes.
