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Terms & conditions
Partner Registration Terms & Conditions
By submitting your Partner Registration application on the Ramaniya platform, you confirm that you have read, understood, and agree to the following terms.
1
Nature of the relationship
- Ramaniya is an AMFI-registered Mutual Fund Distributor under ARN-366835; you're an EUIN holder under it.
- You're an independent partner, not Ramaniya's employee.
2
Client mutual fund investments
- Partner-sourced MF business runs under ARN-366835.
- Doesn't apply to business outside this relationship.
3
Use of your EUIN
- Your EUIN tags AMC transactions for AMFI/SEBI records.
- Ramaniya stays the registered intermediary of record.
- Mapped elsewhere? Remap before commission is payable.
- "Employee" is just AMFI's term - covers partners too.
4
EUIN validity and renewal
- EUIN validity tracks your NISM certificate.
- Renew NISM 12 months early, EUIN 6 months early.
- A lapsed EUIN suspends commission for 3 months.
- Keeping your EUIN active is your responsibility.
5
Commission payment
- Paid only after Ramaniya receives it from the AMC.
- Payout lands within 24-48 working hours.
- AMC clawbacks reduce your future payouts.
- You handle your own GST and tax obligations.
- Full slabs are in your Partner Agreement.
6
Confidentiality and data protection
- You'll access client PAN, Aadhaar, and contact info.
- Use it only for onboarding, kept confidential.
- Never share client data outside Ramaniya's platform.
7
Client KYC and OTP — client-led only
- Never complete a client's KYC or handle their OTP.
- KYC and OTP must always be client-led.
8
Verification of your application
- Documents are manually verified by our team.
- Conditional approval: about 12-24 hours.
- Final approval: 2-4 business days after EUIN mapping.
9
Code of conduct
- Represent products accurately - no guaranteed returns.
- Follow all AMFI, SEBI, and NISM guidelines.
- Never rebate commission as a client inducement.
- Disclose your Ramaniya ties if a client asks.
- Disclose commission on competing schemes if a client asks.
- Cooperate fully with Ramaniya's grievance and audit processes.
10
Suspension and termination
- Ramaniya can suspend or terminate for violations.
- Commission already earned stays payable.
- Exception: forfeited for fraud or KYC misconduct.
11
Governing document
- This is a summary - AMFI/SEBI/NISM rules still apply.
- Your Partner Agreement governs and prevails in conflicts.
- Staying active after notice means you accept updates.
12
Governing law
- Governed by Indian law and SEBI/AMFI/NISM rules.