FAQs - Employee Unique Identification Number (EUIN)
What is EUIN certification?
The EUIN issued to an employee of a MFD is a unique /permanent identity number and would remain unchanged even if a person changes employment or quits a job and decides to be an independent MF distributor.
What is the validity period of EUIN?
NISM certificate and ARN / EUIN are valid for 3 years and need to be renewed before the expiry of validity. The validity of ARN of individual MFDs and EUIN is co-terminus with the validity of NISM certificate.
Why is EUIN important in Mutual Funds?
What is the benefit of providing EUIN? EUIN will assist in tackling the problem of mis-selling even if the employee/relationship manager/sales person leave the employment of the ARN holder / Sub broker.
How do I renew my EUin?
Renewal of the ARN/EUIN can be carried out post completion of NISM certification exam or attending the CPE. As you are aware, ARN/EUIN is valid for a period of 3 years and the validity thereof is co-terminus with the validity of NISM certification, post which you need to renew the same.
how do i find my euin number
SBI Mutual FundARN registration
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Benefits of EUIN Number There are many benefits of EUIN. The most important of these are: Spotting Misspelling: EUIN assists in dealing with the problem of mis-selling units of mutual fund schemes even if the employee, relationship manager, or salesperson leaves the employment of the ARN holder or sub broker.
How to obtain EUIN?
It is also allotted to Individual/Sole Proprietorship ARN holders in their individual capacity as Sales Person. Individual/Sole Proprietorship ARN holders have to obtain EUIN from AMFI. They have to intimate AMFI- unit of CAMS in case they employ any Sales Person so that EUIN could be allotted to them.
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