NISM exam guide
NISM certificate validity and renewal
Every NISM certificate lasts 3 years. Here is how to renew it on time, by CPE or by re-taking the exam.
How long is a NISM certificate valid?
NISM certificates are valid for 3 years. To keep working in a regulated role you must renew the certificate before it expires.
Two ways to renew
- Pass the exam again before the certificate expires.
- Complete a CPE programme (continuing professional education) for that exam during the 12 months before the expiry date. NISM offers a classroom CPE and a shorter online eCPE. See the NISM CPE page for the exams that offer it and the current fee.
Renewal gives you a further 3 years counted from the date your old certificate expires, so renewing early does not waste time.
What if the certificate has already expired?
The CPE route works only while the certificate is still valid. For example, NISM states that a mutual fund distributor whose certificate and ARN have expired must pass the NISM Series V-A exam again. Plan your renewal a few months ahead.
Steps to avoid a lapse
- Note the expiry date from your certificate the day you pass.
- Set a reminder 6 months before it.
- Take the CPE, or practise with our free mocks and rebook the exam.
Frequently asked questions
How many years is a NISM certificate valid?
A NISM certificate is valid for 3 years from the date it is issued.
How do I renew a NISM certificate?
Either pass the same NISM exam again before expiry, or complete the CPE programme for that exam in the 12 months before the certificate expires.
How long does a renewed certificate last?
A renewed certificate is valid for 3 years, counted from the date the old certificate expires.
Can I renew after the certificate has expired?
CPE renewal needs a valid certificate. If it has expired, you generally have to pass the exam again.
More NISM guides
Rules and fees change. Check cert.nism.ac.in before you book.
UpperCrust Academy is independent study material from UpperCrust Wealth. It is not affiliated with NISM, SEBI or AMFI. For education only. Not investment advice. Always confirm the latest syllabus and rules on the official NISM website.