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AMFI Registered distributor Prakala Wealth Management Private Ltd ARN - 49705 valid through Below is the details of Prakala Wealth Management Private Ltd ARN-49705 phone : 04442073710 Email : prakala[AT]gmail.com Note: Information is solely published for allowing customers to contact their distributors. Distributors who wish to OPT-OUT from this service can write to us to optout[AT]fincash.com Every agent, broker, or intermediary has to clear the NISM Certification Test and agree to abide by the code of conduct as well as other undertaking mentioned in the application form. Senior citizens can attend Continuing Professional Education (CPE) to get the ARN. Corporate companies are also required to apply for the ARN and agree to adhere to the code of conduct. Individual intermediaries receive a photo identity card which comprises an ARN code, address of the intermediary, and validity period of the ARN. The corporates receive a letter of registration with the ARN code, name of the corporate, and validity of the ARN code. Employees of the corporates are also issued EUIN card which contains similar details along with the EUIN. ARN code is crucial for both the intermediary as well the investor. ARN number is an identity of the intermediary which is used to track the assets mobilized by the intermediary. It is then used to calculate the brokerage of the intermediary. Legally, an intermediary will become eligible to distribute mutual funds only after they have received the ARN number. On the other hand, the investor is assured that the intermediary is a registered financial advisor and will adhere to the ethical code set by the AMFI. Investors can leverage the ARN by changing the distributor. If a distributor is changed, the investor is not charged trail commissions resulting in long-term financial benefits to the investor. The AMFI has entrusted M/s Computer Age Management Services Pvt. Ltd. (CAMS) with the responsibility to process the registration and issue ARN on its behalf. a. Intermediaries are required to apply in a prescribed form which is available online as well as at the offices of AMFI and CAMS. An online application can also be made from the CAMS online service. b. The application form needs to be submitted along with knowing your dealer (KYD) acknowledgment. If the application for KYD is made, then the individual should present KYD application form in person. c. The intermediary is required to submit NISM certificate copy, Aadhaar card copy, PAN card copy, bank account proof, and two passport size photographs. d. The fee for individuals and senior citizens is 3,540 INR including the GST. The fees and the documents required will differ for corporates and other entities. Prakala Wealth Management Private Ltd - ARN 49705
ARN/Distributor - 49705
03-May-2021 located in Chennai ARN - AMFI Registration Number ARN-49705 EUIN - Employee Unique Identification Number Valid From 28-Dec-2017 Valid Upto 03-May-2021 Name Prakala Wealth Management Private Ltd Email prakala[AT]gmail.com For more information Click Here Phone 04442073710 Distributor KYC Compliant Yes City Chennai PIN 600028 Services Mutual Funds, SIP, ETF, CASH Management, ELSS Tax Saving, Fixed Deposits and Gold Contact Details
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