AMFI vide their circular no. 35P/MEM-COR/3/10-11 dated May 19, 2010 has revised the ARN Registration and Renewal Fees wef 1st June 2010 for all category of distributors as mentioned in their appended circular. As mentioned in yesterday's mail, the certification and examination will be conducted by NISM wef 1st June 2010 as against AMFI. The validity period of certification for non-individuals will be three years.
35P/MEM-COR/3/10-11 May 19, 2010
Dear All,
Re : Revision of fees – ARN Registration/ Renewal
The AMFI Board at its Meeting held on May 5, 2010 has decided to revise the fees for registration/ renewal of ARN with effect from June 1, 2010 as follows :-
It is further decided that the validity of ARN issued with effect from June 1, 2010 would be three years in case of non individual applicants. In case of individuals/ corporate employees, the validity period shall be computed from the date of receipt of application till the date of validity of AMFI/ NISM certificate.
Dear All,
Re : Revision of fees – ARN Registration/ Renewal
The AMFI Board at its Meeting held on May 5, 2010 has decided to revise the fees for registration/ renewal of ARN with effect from June 1, 2010 as follows :-
Entity | ARN Registration Fees | ARN Renewal Fees |
Banks/ NBFC/ Institutional Distributors | 500,000 | 250,000 |
Public Ltd. Co. | 500,000 | 250,000 |
Pvt. Ltd. Co. | 50,000 | 25,000 |
Partnership Firm | 25,000 | 12,500 |
Societies and Trusts/ HUF | 25,000 | 12,500 |
Post Offices | 15,000 | 7,500 |
Proprietorship Firms | 10,000 | 5,000 |
Corporate Employees | 5,000 | 2,500 |
Individual/Senior Citizens | 5,000 | 2,500 |
It is further decided that the validity of ARN issued with effect from June 1, 2010 would be three years in case of non individual applicants. In case of individuals/ corporate employees, the validity period shall be computed from the date of receipt of application till the date of validity of AMFI/ NISM certificate.
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