The Annual Membership fees are as follows:
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. Milan at milan@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 at milan@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.