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Dear FPSB,


Greetings from FPSB India!


We hope you are doing well.


This mail is to let you know of an important update in the fee structure for renewal of lapsed CFP® Certification.


As you are aware, CFP certification is valid for a period of one year and must be renewed annually by completing 15 CPD points and paying a renewal fee of Rs. 10,500 (inclusive of GST). This provision for renewal is activated 90 days in advance in the LMS portal of the certificant.


Renewal of certification is not just a financial transaction; it also signifies the certificant’s ongoing commitment to the community. By renewing the certification promptly, the certificant’s demonstrate their dedication to professional development, networking, and supporting the mission of the governing body.


With effect from January 1, 2025, the fee for the renewal of lapsed CFP certification shall be revised as below:

Sr. No.

Item Description

Fee if paid by

Dec 31, 2024

Revised Fee from Jan 1, 2025

1

Renewal fee if paid before or on date of expiry of Certification

Rs. 10,500

Rs. 10,500

2

Renewal fee if paid after expiry of Certification and upto 1 year of expiry

Rs. 10,500

Rs. 11,340

3

Renewal fee if paid between 1 year and 2 years of expiry of Certification

Rs. 15,485

Rs. 23,100

4

Renewal fee if paid between 2 years and 3 years of expiry of Certification

Rs. 20,060

Rs. 35,280

5

Renewal fee if paid between 3 years and 4 years of expiry of Certification

Rs. 25,370

Rs. 47,040

6

Renewal fee if paid between 4 years and 5 years of expiry of Certification

Rs. 30,090

Rs. 58,800

*The above fee includes GST.


However, as a special case FPSB India is pleased to provide a grace period of one month to those candidates whose certification is expiring on Dec 31, 2024. Such candidates can make the renewal payment at the prevalent fee of Rs 10,500 upto Jan 31, 2025, and those who renew from Feb 1, 2025, onwards shall have to pay the revised fee as above.


Timely renewal ensures uninterrupted access to resources, benefits, and opportunities, including professional development programs, networking events, and industry insights. A late renewal not only undermines the significance of timely renewal but also discourages other certificants from doing it on time, leading to administrative challenges, resource constraints, and disruptions to services and benefits.


If you would like to renew your lapsed certification, this is the time to avail yourself of the current discounted pricing. We urge you for timely renewal of your CFP Certification as this will allow us to improve the quality of services, we provide to our certificants.


Please note that there is no change in annual renewal fee. The revised fee as above is ONLY applicable for renewal of lapsed certifications. So, if you keep the certification active, by completing the CPD and renewing before the due date, there is no change in fee for you.


You may reach out to us at certifications@fpsb.in in case of any query related to this policy update or any other aspect of the program.


NOTE: This mail is for your IMMEDIATE ACTION. 


If you have not renewed your Certification yet, please do so at the earliest to avoid late fee charges. The late fee charges shall be applicable effective Feb 1, 2025. 


In case you have already renewed your certification for the period Jan 1, 2025 to Dec 31, 2025, no action is needed at this point of time. Please continue to renew your certification before its expiry in future as well to avoid late fee charges as mentioned above.


Thank you.


Best Regards,

FPSB India Team

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