EUIN is an Employee Unique Identification Number, this helps to get in direct touch with the customer.It means a unique identification number of an employee, the customer relationship Manager, or thedistributor in direct contact with the customer. EUIN number is applicable to all the sales staff of thenon-individual ARN holders. This number is given by the AMFI, in addition to the ARN of the Distributor.The introduction of EUIN by SEBI has the purpose to check sales in the name of the ARN Holder Entity andalso if the Employee, Relationship Manager, or Salesperson has left the job with thatDistributor.
It is a Unique Identity Number of the Employee, Customer Relationship Manager, or the Salesperson of theDistributor who is in direct touch with the Client. He/she is the one transacting with the Investor forthe sale of Mutual Fund Products. EUIN applies to the Sales Staff of Non-Individual ARN holders. The ARNApplication Form for such entities has to be accompanied by the Application for Registration ofcorporate employees. The employees will then, clear the test and enroll with AMFI, under the ARN of theemployer.
They would be declared EUIN Cards with their EUIN, his/her name, photo, and the legality period of theEUIN. AMFI gives the EUIN to all the employees, who are enrolled with AMFI and have a confirmedregistration. This means Photo ID Card having EUIN is allotted to the corporate employees. It isnecessary to consider this EUIN on the Mutual Fund scheme application forms. Extracting EUIN isnecessary while directing transactions.
