Association of Mutual Funds in India (AMFI) has revived a completely paperless online registration process through its website www.amfiindia.com for obtaining fresh AMFI Registration Number (ARN) and Employee Unique Identification Number (EUIN) for Mutual Fund distributors and their employees, using One Time Pin (OTP) based Aadhaar authentication. The Online registration facility comes as a great boon and relief to new applicants seeking fresh ARN /EUIN in the current lock-down situation in many parts of India in the wake of resurgence of covid19 pandemic.
In 2017, AMFI had introduced a completely online facility for applying for ARN/EUIN using Aadhaar, as well as for ARN & EUIN renewal. However, the online registration facility for fresh ARN using Aadhaar had to be withdrawn pursuant to Supreme Court order in September 2018 on usage of Aadhaar. With UIDAI now allowing Aadhaar-based authentication service and Aadhar Based e-KYC, using OTP that can be availed by requesting entities, AMFI has been able to revive the online ARN and EUIN registration, making it possible to register ARN/EUIN online from the safety and comfort of one’s home or office, without having to step-out in these difficult times.
The Aadhar-linked OTP based online ARN and EUIN registration process is simple and convenient and can be completed in a matter of few minutes and with a few clicks.
AMFI has already enabled Online renewal of ARN & EUIN facility on its website and the same is working efficiently since last four years. AMFI has now added new features like change of email ID and change of mobile number to the online module.
AMFI urges the mutual fund distributor fraternity to opt for online registration and renewal of ARN and EUIN.