a. Ordinary Membership:

• The applications of new members shall be accepted throughout the year.
• The applicant necessarily has to be from the BFSI.
• The applicant can be an independent professional or employee.
• The applications shall be collected as self-certified hard copies or self-certified soft copies. Individual members shall submit the application form with a photo, proof of BFSI, and the cheque for the fee or details of payment if done through other modes.
• If the individual is an employee, a declaration letter from the employer or the company's self-certified identity card shall be part of the application.
• Employers can pay the fees along with the statutory dues.
• The EC has the right to reject any application if it deems fit.
• The membership period will be the Financial Year per the prevailing Income Tax Act.

The membership shall be due for renewal at the beginning of a year, irrespective of the date of joining of the member during the previous year.

If deemed appropriate, the EC can announce concessions in the fees for members joining during the year's second half. This shall not be a permanent provision and must be passed in the annual EC meeting.

c. Honorary Membership:

Persons distinguished for public service and/or highly prominent in public life may be enrolled as Honorary Members at the discretion of the EC for the year. However, he shall be nominated for a maximum cumulative period of two years. The incoming EC will make the appointment. Honorary members shall be exempted from paying the annual fee. Honorary Members shall not have any voting rights and shall not be eligible for elections or nominations. They shall be taken in for growth and the immense value they will likely bring to the association. The strength of such members shall not exceed three in a year.