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  • CFP Certification

    In India, Certified Financial Planner (CFPCM) Certification programs are offered mainly by Financial Planning Standards Board India (FPSBI), a public-private enterprise and a body that guides the development and promotion of profess...

  • Career for CFP Certified

    The financial industry is growing in leaps and bounds. There are many career opportunities and job openings in this ever-growing industry. Financial Planner Career is a corporate career track, even for those who run their own finan...

  • Benefits of CFP Certification

    CFPCM certification is recognized in 23 countries across the globe. Besides, the certification immediately get the trust of clients in comparison to other Financial Planners.

CFPCM Certificate Renewal

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CFPCM Certificates need to renewed annually in order to keep the CFPCM Certification in use. The Renewal Date is the last date of the 1-Year Certification Period, which means that if Certification Period is coming to an end on August 31st, 2010, the Certification Renewal Date is August 31st, 2010. Upon successful renewal the new Certificate will be issued for the period September 01, 2010-August 31, 2011. Renewals applied for after the due date shall attract penalty.

Renewal Requirements
  • Continuous Education: A CFPCM Certificant needs to earn 15 CE Points during the Certification Period of one Year. The requirement becomes due immediately from the first year of Certification and needs to be completed at least one month before the Renewal Date.
  • Renewal Fees: CFPCM Certification Renewal Fees of Rs.5,000/- needs to be paid while submitting the CFPCM Certification Renewal Form. The fees can be paid through Online Payment Gateway or by Demand Draft while filling the CFPCM Certification Renewal Form in Online Account.
  • CFPCM Renewal Form: A CFPCM Certificant needs to fill Renewal Form online by logging into OCMS (Online Certification Management System). Kindly refer to CFPCM Certification Renewal Process Chart for details.

Late Renewal

CFPCM Certificants are required to renew their Certification before the Renewal Date (last date of the Certification Period) by fulfilling all the renewal requirements mentioned above. Failure to renew on time will attract Late Renewal Penalty in addition to the Renewal Fee of Rs. 5,000/-. Given below are the details of late renewals;


Late Renewal Period
(from Renewal Date)

Late Renewal Penalty

Renewal Fee

Total Amount

Additional Requirements

Up to 3 months

Rs. 1,250/-

Rs. 5,000/-

Rs. 6,250/-

Nil

Between 3 – 6 months

Rs. 2,500/-

Rs. 5,000/-

Rs. 7,500/-

Nil

Between 6 – 9 months

Rs. 3,750/-

Rs. 5,000/-

Rs. 8,750/-

Earn 10 advance  CE points, apart from 15 CE points prev. year

Between 9 – 12 months

Rs. 5,000/-

Rs. 5,000/-

Rs. 10,000/-

Earn 15 advance  CE points, apart from 15 CE points prev. year

In case of late renewals, CFPCM Certificate will be awarded only if renewed within 12 Months after the Renewal Date. CFPCM Certificate is dispatched only after successful submission of CFPCM Certificate Renewal Form. CFPCM Certification Period (Start Date & End Date) will remain the same even in case of late renewals. Certificants are required to comply with CE requirement of 15 points in their every Certification year even in case of late renewals.