Annual Membership FAQ

Annual Membership FAQ no text

1. When will the Annual Membership falls due?
Annual Membership renewal date falls due on 1st April every year.

2. What are the rates applicable for each category of members?

Class of Membership Fees in Indian Rupees (INRs.)
Fellows and Affiliates 9,000+(18% GST) = 10,620
Associates 3,000+(18% GST) = 3,540
Students 2,000

3. How much is the Annual Membership Fee for Fellows, Affiliates and Associates above age 60 and not gainfully employed in profession or practice or medically unfit to be gainfully
employed in profession or practice?

2,000+(18% GST) = 2,360 Accepted through offline mode along with application

4. Who are eligible for Life Membership and how much?
Fellows, Affiliates and Associates who are more than 60 years as on 1st April every year are eligible for Life Membership.

Ten times the normal Annual Membership as mentioned above. Accepted through offline mode only along with application

5. How much is the Annual Membership Fee those who are more than 75 years of age as at 1st April 2024?
No Annual Membership fee.

6. How to pay the Annual Membership Fee?
Online through Member Login (http://115.112.202.200/login.aspx)
Demand Draft or Pay Order
Wire-transfer (for members residing outside India)

7. What if the transaction fails?
If transaction fails and amount is debited from the account, the amount expected to be reverted in 3-4 banking days.For any resolution, please also write to anvi@actuariesindia.org or 02262433347 for any quick updates.
- If the International card is not accepted then you can make payment through wire-transfer.

8. What if the renewal of membership not done on or before 1 Apr 2024?
Membership will lapse if payment is not received by 1 April 2024 , leading to the member becoming inactive and subsequent removal of their name from the register of membership.

9. How to reinstate Membership?

 a. 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.

 b. 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 offline only.

  For Fellows Affiliates and Associates
  Members whose Annual Membership fee is outstanding after 1st April can reinstate their membership offline only.

10. Whom do I should contact for further details on reinstatement of Membership or any other matter relating to Annual Membership fee?
Mr. Sandeep Mahajan at sandeep@actuariesindia.org or at 022-62433337

11. Who should be contacted in case of any renewal issues?
Ms. Nilima Kadam (Assistant General Manager) at nilima@actuariesindia.org or at 022-62433339.

12. Important Forms:
Annual Membership Renewal Notice
Annual Membership Renewal Form

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