NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) FAQs
Who can take NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination?
The following persons can take NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination: The associated persons functioning as compliance officers of intermediaries registered with the SEBI as stockbrokers, or depository participants, or merchant bankers, or underwriters, or bankers to the issue, or debenture trustees or credit rating agencies Interested students/professionals Any other individuals.
What is the fee structure?
The fees for NISM-Series-III-A Certification Examination is Rupees One Thousand Five Hundred only (Rs. 1500/-)
What is the assessment structure?
The examination will be of 100 marks, will have 100 questions of 1 mark each, and should be completed in 2 hours. There will be a negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60%.
Is there a study material available for preparing for this examination?
You will receive a soft copy of the workbook/study material after enrolment for the examination.
I have passed the NISM-Series-III-A Certification Examination. When will I receive the certificate?
Only the candidates who have produced their Income Tax Permanent Account Number (PAN) during registration would receive the NISM Certificate within two weeks of appearing for the examination. Candidates who produced other identification proofs would not receive the NISM certificate. They would receive only the temporary mark sheet at the end of the examination.
I have not provided my PAN information at the time of taking the certification examination. How do I obtain the certificate?
Candidates who have not provided their PAN information during registration may furnish their PAN details to the Test Administrator they have registered with, any time after taking the examination. After receiving and verifying PAN details, the candidate will receive the certificate from the Test Administrator they have registered with. No additional payments are necessary for obtaining the certificate
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Securities Intermediaries Compliance (Non-Fund) or successfully pass the NISM-Series-III-A before the expiry of such certificate.
