NISM Exam Fees 2026 vary depending on the certification examination selected by the candidate. The National Institute of Securities Markets (NISM) conducts several certification examinations for different areas of the securities and financial markets, and each examination can have its own fee, duration, passing criteria and validity period.
For many commonly taken NISM certification exams, the fee is ₹1,500, while some examinations have different charges such as ₹750, ₹1,770 or ₹3,000. Candidates should therefore check the fee applicable to the specific NISM Series before completing registration.
NISM’s 2026 certification information also includes newly introduced examinations, so candidates should verify the latest details on the official NISM website and certification portal before making payment.
NISM Exam Fees 2026 – Overview
| Particular | Details |
| Exam Name | NISM Certification Examinations |
| Conducting Institute | National Institute of Securities Markets |
| Registration Mode | Online |
| Official Registration Portal | cert.nism.ac.in |
| Exam Fee | Depends on the certification |
| Common Fee | ₹1,500 for several examinations |
| Payment Mode | Online |
| Exam Mode | Depends on the certification |
| Official Website | nism.ac.in |
NISM certification examinations are available through the official certification system, where candidates can register and select an available examination slot.
NISM Exam Fees 2026: Complete Fee Structure
There is no single NISM exam fee applicable to all certification examinations. The following table highlights fees published by NISM for selected examinations.
| NISM Certification | Examination Fee |
| NISM-Series-VI: Depository Operations | ₹1,500 |
| NISM-Series-VII: Securities Operations and Risk Management | ₹1,500 |
| NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) | ₹1,500 |
| NISM-Series-III-C: Securities Intermediaries Compliance (Fund) | ₹1,500 |
| NISM-Series-X-B: Investment Adviser Level 2 | ₹3,000 |
| NISM-Series-XIX-C: Alternative Investment Fund Managers | ₹3,000 |
| NISM-Series-XXII: Fixed Income Securities | ₹1,770 |
| NISM-Series-XXIV: AML and CFT Provisions in Securities Markets | ₹750 + applicable taxes |
| NISM-Series-XXV-A: Persons Associated with Research Services | ₹1,500 |
| NISM-Series-XXV-B: Persons Associated with Investment Advice | ₹1,500 |
These amounts come from NISM’s published examination pages and 2026 certification information. Fees can change, so candidates should confirm the amount displayed for their selected examination before payment.
Is NISM Exam Fee ₹1,500?
₹1,500 is the fee for several NISM certification examinations, but it is not the fee for every NISM exam.
For example, NISM lists the fee for the Series-VI Depository Operations examination at ₹1,500 and the Series-VII Securities Operations and Risk Management examination at ₹1,500.
At the same time, the Series-X-B Investment Adviser Level 2 examination is listed at ₹3,000, while the Series-XIX-C Alternative Investment Fund Managers examination is also listed at ₹3,000.
This difference is important when planning your NISM exam budget.
NISM Exam Fee With GST and Other Charges
Candidates should carefully check whether the fee shown for a particular examination is inclusive of applicable taxes.
For example, NISM’s information for the Series-XXII Fixed Income Securities examination lists ₹1,770 inclusive of GST, with payment gateway charges extra.
For Series-XXIV, NISM lists the examination fee as ₹750 plus applicable taxes.
Therefore, the final amount payable can depend on the particular certification and the payment method used.
NISM Exam Registration 2026
Candidates who want to appear for a NISM certification examination generally need to register through the official certification portal.
Step 1: Visit the Official Portal
Go to the NISM Certification Portal:
NISM’s examination FAQs direct candidates to this portal for registration.
Step 2: Select the Examination
Choose the NISM Series you want to appear for. Before proceeding, check the examination’s syllabus, fee, duration, passing criteria and other requirements.
Step 3: Check the Fee
The applicable examination fee will depend on the selected certification.
Do not assume that every NISM certification costs ₹1,500.
Step 4: Select Centre and Slot
For test-centre-based examinations, candidates can select an available test centre, date and time slot after registration.
Some newer examinations may follow a different format. For example, NISM-Series-XXV-B is an internet-based, remotely proctored examination.
Step 5: Make Payment
Complete the online payment using the payment options available on the official portal. Save the payment and examination confirmation for future reference.
NISM Exam Dates and Centres 2026
NISM examinations are conducted at different locations and on different dates depending on the examination and centre.
The official NISM examination schedules provide centre-wise dates and available time slots. For example, NISM’s published 2026 schedules list multiple examination dates for cities across India, along with the registration portal and helpdesk information.
| Information | Where to Check |
| Exam Fee | Selected NISM certification page |
| Exam Dates | NISM examination schedule |
| Test Centres | NISM Exam Centres page |
| Registration | NISM Certification Portal |
| Certification Details | NISM official website |
NISM Exam Fee Refund and Cancellation
Candidates should check the applicable cancellation, rescheduling and refund conditions before making payment.
Since the rules can differ according to the examination and circumstances, it is better to read the instructions displayed in the NISM certification portal rather than relying on information from third-party websites.
Does NISM Exam Fee Include Study Material?
For several NISM certification examinations, candidates receive a soft copy of the workbook or study material after enrolment.
For example, NISM states that candidates appearing for the Depository Operations and Securities Operations and Risk Management examinations receive study material after enrolment.
NISM’s information for the Fixed Income Securities examination also states that the soft copy of the workbook is provided without a separate study-material charge after enrolment.
New NISM Certification Exams in 2026
NISM has introduced additional certification examinations during 2026.
One example is NISM-Series-XXV-B: Persons Associated with Investment Advice (Sales and Other Non-Core Services). NISM announced that this examination became available from June 1, 2026, with a fee of ₹1,500 plus applicable taxes and a three-year certificate validity.
NISM also launched Series-XXV-A: Persons Associated with Research Services (Sales and Other Non-Core Services) in February 2026. Its published test details list a ₹1,500 fee and three-year certificate validity.
This means candidates searching for NISM exam fees 2026 should check the current list rather than relying on older fee articles.
Important NISM Official Links
| Purpose | Official Portal |
| NISM Official Website | NISM official website |
| NISM Exam Registration | NISM Certification Portal |
| NISM Certification Information | NISM Certifications |
| Exam Centres & Schedules | NISM Exam Centres |
| Certification Help | certification@nism.ac.in |
Candidates should use the official NISM website and certification portal for the latest fee and examination information.
Frequently Asked Questions
What is the NISM exam fee in 2026?
There is no single fee for all NISM examinations. Several certifications cost ₹1,500, while other examinations have fees such as ₹750 plus taxes, ₹1,770 or ₹3,000.
Is NISM exam fee ₹1,500?
For many NISM certification examinations, yes, the published fee is ₹1,500. However, some certifications have different fees, so candidates should check their specific NISM Series.
What is the NISM Series-X-B exam fee?
The NISM-Series-X-B Investment Adviser Level 2 certification examination is listed at ₹3,000.
What is the NISM Series-XIX-C exam fee?
The NISM-Series-XIX-C Alternative Investment Fund Managers examination is listed at ₹3,000.
What is the NISM Series-XXIV exam fee?
NISM lists the Series-XXIV AML and CFT Provisions in Securities Markets examination fee as ₹750 plus applicable taxes.
Where can I pay the NISM exam fee?
Registration and payment are completed through the official NISM Certification Portal.
Final Takeaway
The NISM Exam Fees 2026 depend on the certification examination you choose. A ₹1,500 fee applies to several popular NISM examinations, but it is not a universal fee. Other certifications have different charges, including ₹750 plus taxes, ₹1,770 and ₹3,000.
Before registering, candidates should check the official NISM certification page, confirm the applicable fee, review the examination pattern and then complete registration through the official portal.
This is especially important in 2026 because NISM has introduced new certification examinations and examination formats. Checking the latest official information before payment can help candidates avoid using outdated fee information.
