Updation euin 2025

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FAQs - Employee Unique Identification Number (EUIN)
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.
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.
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.
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.
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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.
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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