What Is NISM & Why Does It Matter
The Securities and Exchange Board of India (SEBI) created the National Institute of Securities Markets (NISM), a public trust. For those who are employed in or hope to work in India’s financial markets, it provides NISM certification courses . These credentials attest to a candidate’s expertise in a variety of fields, including investment advisory and banking, equity and derivatives trading, mutual fund distribution, and many more.
In addition to increasing your credibility, having a current NISM certificate is frequently required by law for people wishing to work in important finance positions. Passing one or more modules is a requirement for many NISM certification positions. For professionals, students, or job seekers looking to get started in the banking, financial services, and insurance (BFSI) industry, it’s a great place to start.
This article will walk you through the NISM registration process.
Step 1: Open the NISM Online Certification Portal
Go to https://cert.nism.ac.in/ and you’ll land on the login/registration screen. The page features the official NISM logo prominently in the header, lending brand trust and consistency.
Step 2: Initial Registration
Click on the “Register” or “New User” option. You’ll be directed to a user registration form where you’ll need to provide basic information:
- A valid email address
- Mobile number
- Full name (as per ID proof)
- Date of birth
- Scanned photograph
- Scanned ID proof (PAN, Aadhaar, or passport)
It is important to ensure the uploaded documents are clear and comply with the file size limits to avoid rejection.
Step 3: Activate Your Account
Once you have submitted your details, you will receive an activation link in your registered email inbox. Click on this link to activate your account. You may also be prompted to verify via an OTP sent to your mobile.
This step ensures that only verified individuals are able to use the platform, enhancing security and data integrity.
Step 4: Log In to Your NISM Account
With your account now activated, return to cert.nism.ac.in and log in using your email or mobile number and password. From the dashboard, you can access options like:
- Enrolment for Certification
- My Applications
- Test Schedule
- Certificate Download
Step 5: Enroll in a Certification Course
Now, in the dashboard, click Enrolment for Certification. You will see a list of available NISM modules. These include courses such as:
- Mutual Fund Distributors Certification
- Equity Derivatives Certification
- Investment Adviser Levels 1 & 2
- Securities Operations and Risk Management (SORM)
Each course lists the exam duration, validity period, and fee. Select the most relevant NISM certification course based on your career goals.
Step 6: Booking the Exam (Schedule Your Test)
Once you’ve selected your course, the next step is to schedule your exam. Click on “Schedule Test”. You’ll be prompted to:
- Select your preferred NISM exam centre from a dropdown list (centres are available in most major cities across India, and they can be selected as per their schedules)
- Choose the exam date and available time slot
- Confirm your booking
The calendar is updated monthly. It’s wise to book early to ensure you get your desired time and centre.
Step 7: Payment of Registration Fee
After confirming your schedule, you will be taken to a secure payment page. The fee for each NISM course typically ranges between ₹1,200 to ₹3,000 depending on the module.
Payment modes include:
- Debit/Credit Cards
- Net Banking
- UPI
Once you make the payment, you’ll receive an instant confirmation.
Step 8: Payment Confirmation & Receipt
You’ll be redirected to a Payment Confirmation page displaying your:
- Transaction ID
- Course Name
- Date & Time of the Exam
- Fee Paid
Download or take a screenshot of this confirmation for your records. An email with the same details is also sent to your registered inbox.
Step 9: Download Your Admit Card
Once the payment is processed and your slot is booked, you can download your NISM Admit Card from the dashboard. It will include (please check this information thoroughly):
- Your name
- Exam date and time
- Selected NISM exam centre and its address
- Instructions for the exam day
You must carry a printed copy of the admit card and a valid physical photo ID on the day of your exam.
Step 10: Appear for the Exam & Download the Certificate
On exam day:
- Reach your NISM exam centre at least 30 minutes in advance.
- Carry the printed admit card and a valid photo ID (PAN/Aadhaar/Passport).
- Complete the test at the centre under proctored conditions.
Results are typically published within 3–4 business days. If you pass, your digital NISM certificate will be available for download directly from your account. NISM does not provide printed certificates, so digital copies must be saved securely.
Benefits of the NISM Certification Exam:
Certificate Validity: Once issued, the certification remains valid for multiple years, depending on the series you have appeared for (usually 3 years).
Retake Policy: In case of failure, you can schedule a retake. Just revisit the enrollment and scheduling steps.
Job Benefits: Holding a NISM certificate can boost prospects for roles like mutual fund distribution, compliance, risk management, and more under financial services.
Pro Tips
- Double-check your ID and photo uploads during registration to avoid rejections.
- Bookmark the test schedule calendar—slots fill up quickly, especially near quarter-end.
- Take a FinX preparatory course to increase your chances of passing on the first attempt.
Summary Table
Step | Action | Purpose |
1 | Visit the portal & Register | Create a user account |
2 | Activate via email | Secure account verification |
3 | Log in to the dashboard | Access course enrolment and scheduling |
4 | Enroll in certification | Choose a course and schedule an exam |
5 | Make payment | Confirm slot, and finalize booking |
6 | Download the admit card | Mandatory for exam entry |
7 | Appear for the exam & download the certificate | Complete the exam and obtain the digital certificate |