NISM AcademyNISM Series VI Depository Operations: exam pattern, syllabus and mock tests
For depository participant staff handling demat accounts and transfers. NISM Series VI covers depository operations: account opening, demat and remat, transfers, pledges, corporate actions and the rules depository participants follow.
NISM Series VI exam pattern at a glance
- Questions
- 100
- Duration
- 120 minutes
- Total marks
- 100
- Passing score
- 60% (60/100)
- Negative marking
- 25% per wrong answer
- Exam fee
- ₹1,500 + charges
- Certificate valid
- 3 years
100 multiple-choice questions, 1 mark each. Fees and pattern are set by NISM and can change, so confirm on the official NISM Series VI page before you book.
Who should take NISM Series VI?
Staff of depository participants who handle account opening, transfers, pledges and corporate actions.
Why you need it: Required for associated persons of depository participants.
NISM Series VI syllabus: 13 chapters
- Introduction to the Indian Capital Market
- Introduction to Depository
- Depository and its Business Partners
- Functions of DP - Account Opening
- Functions of DP - Account Operations
- Functions of DP - Transmission and Nomination
- Functions of DP - Dematerialisation
- Functions of DP - Trading and Settlement
- Special Services - Pledge and Hypothecation
- Special Services - Public Offering / Corporate Actions
- Special Services - Debt Instruments and Government Securities
- Foreign Portfolio Investors (FPI)
- Investor Services
How to prepare for NISM Series VI
Process-heavy. Learn each transaction with its documents and timelines.
Not sure where you stand?
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Start the level checkNISM Series VI FAQs
What is NISM Series VI?
NISM Series VI is the Depository Operations Certification Examination conducted by the National Institute of Securities Markets. Required for associated persons of depository participants.
How many questions are in NISM Series VI?
The exam has 100 multiple-choice questions, 1 mark each, for a total of 100 marks. You get 120 minutes.
What is the passing score for NISM Series VI?
You need 60%, which is 60 out of 100 marks.
Is there negative marking in NISM Series VI?
Yes. 25% of a question’s marks are deducted for each wrong answer. Unattempted questions score zero.
How should I prepare for NISM Series VI?
Process-heavy. Learn each transaction with its documents and timelines.
How do I register for NISM Series VI?
Create an account on NISM’s certification portal, choose the exam, pick a test centre or remote-proctored slot, and pay the fee online. NISM Academy can’t register you; we link you to the official portal.
How long is the NISM Series VI certificate valid?
Three years from the date you pass.