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“Relocation of Office of Institute of Actuaries of India.” Last date to register for ACET March 2021 examination has been extended until 4th March, 2021, 3:00 pm
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Annual Membership Fee Details


    The Annual Membership fees are as follows:

Class of Membership Fees in Indian Rupees
(INR)
Fellows and Affiliates 9,000+(18% GST) = 10,620
Associates 3,000+(18% GST) = 3,540
Students 2,000
For Fellows, Affiliates and Associates above age 60 as on 1st April, and not gainfully employed in profession or practice or medically unfit to be gainfully employed in profession or practice. 2000+(18% GST) = 2,360
(Accepted only through offline mode along with application)
Life membership (optional) who are more than 60 years as on 1st April Ten times the normal Annual Membership Fees as mentioned above.
(Accepted only through offline mode along with application)
Members more than 75 years of age as on 1st April. No Annual Membership Fees Applicable
Change of Category within an Annual Membership year Will attract full Annual Membership fees for new category

    Note :

    1. These rates are applicable to all members regardless of their country of residence.
    2. Govt. of India has implemented GST by virtue of which the membership and other related fees of the Institute are subject to GST. Accordingly the Associate, Affiliate and Fellow members are
        requested to add GST @ 18% on membership and other related fees payable by them to the Institute with effect from 1st April 2019 onwards and pay the same.

    A)  Failure to make payment : The payment should be made online on or before 1st April every year failing which membership will lapse resulting in removal of name from the register of the
          Institute.

    B)  Mode of payment:

          1)    Online through Members Login (www.actuariesindia.org/login.aspx).

                  If the transaction fails, then you need to try again by using another card or another browser or contact Ms. Swetha Jain at swetha@actuariesindia.org at 022-62433335

                  Online payment transaction made was not successful however the debited amount will be credited back into your account within 8 - 10 working days if the payment was not transfer then contact the Accounts Manager at accounts@actuariesindia.org

          2)    Demand Draft or Pay Order

                  Along with Demand Draft you need to send Annual Membership Renewal Form.

          3)    Wire-transfer (for members residing outside India)

                  If the International card is not acceptable then you can make payment through wire-transfer

          Note: For payment made through wire transfer, members need to pay additional Rs.500/- as Bank Commission and Wire Transfer charges.

          Reinstatement of Membership : Reinstatement can be requested in accordance with the following terms and conditions.

          i)    Members whose Annual Membership is outstanding only for year:

                -     Where Annual Membership fee is in arrears for less than one year, reinstatement will be made on payment of the current year Annual Membership fee.

          ii)    Members whose Annual Membership is outstanding for more than one year:

              -    Where Annual Membership fee is in arrears for more than one year, reinstatement will be made on payment of Annual membership fees amounting to the year in which the membership was lapsed and the current year Annual membership fees.

    Note :

    For Students

    Members whose Annual Membership fee is outstanding for more than ten years can do reinstatement of membership through offline mode only.

    For Fellows, Affiliates and Associates

    Members whose Annual Membership fee is outstanding after 1st April can reinstate their membership through offline mode only.

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