Training Program

Eligibility for appearing for Training programme- Depository Operations:

A) General Category

Any person holding a valid certificate as mentioned below, which is due to expire within the next twelve months
and wishing to renew validity of the certificate for another three years from the date of expiry of the certificate may
appear for Training for Depository Operations.

List of valid certificates:

a. Certificate on completion of CDSL's DP training programme on Central Depository Services (India) Limited.
b. BCCD i.e., BSE's Certification in Financial Markets (BSE's Certification on Central Depository) of the Bombay Stock Exchange Limited.
c. NISM Series VI- Depository Operations Certification Examination (DOCE).
d. NCFM i.e., NSE's Certification in Financial Markets (NSDL - Depository Operations Module) of the National Stock Exchange of India Limited.
e. NCDO i.e., NSDL's Certification in Depository Operations of the National Securities Depository Limited.

B) Principal Category

Any person who is actively engaged in the management of the intermediary's securities business including supervision, solicitation, conduct of business, including:
a) Sole Proprietors, b) Managing Partners and c) Whole Time Directors, can be classified under the Principal category. Such persons belonging to the Principal category, may appear for Training Program for Depository Operations under the Principal category, on submission of the required documents.

C) Grandfathered by age category

Any person who has completed the age of 50 years as on March 29, 2011, may appear for Training Program for Depository Operations under the Grandfather category, on submission of the required documents.

D) Grandfathered by experience category

Any person who has been actively engaged or employed by a registered Depository Participant in any of the below mentioned activities:

i. Dealing or interacting with clients
ii. Dealing with securities of clients
iii. Handling redressal of investor grievances
iv. Internal control or risk management
v. Activities having a bearing on operational risk
vi. Maintenance of books and records pertaining to the above activities

for 10 years or more, as on March 29. 2011, may appear for Training Program for Depository Operations under the Grandfather category, on submission of required documents.