National Pension System (NPS) is one of the best retirement plans to ensure a fixed income for life. National Pension System offers subscribers the choice to invest in corporate bonds, Government securities or equity.
To view National Pension System Performance Click here
Public Notice on Discontinuation of POP Sub Entity ( POP SE) Click here
Eligibility
Applicants must be:
- Citizens of India
- Between 18 to 70 years
- KYC compliant
- Without pre-existing National Pension System Account.
- National Pension System A/C Opening Form
- NRI National Pension System A/C Opening Form
- Modification Form
- Pension Fund manager change request Form
- Inter Sector Shifting Form
- Nach Debit Registration
- National Pension System A/C opening for company
- POP change for Corporate
- Partial Withdrawal
- Premature exit
- Exit from NPS due to death
- CKYC Form
Escalation Matrix:
| Escalation Level | Designation of official | Contact detail | Email id | Role |
|---|---|---|---|---|
| Level 1 | Ms. Trupti Waghela - Manager | 022-69192020 |  |
Grievance Redressal Officer (GRO) |
| Level 2 | Mr. Nilesh Gangatirkar - Compliance officer | 022-27785327 |  |
Chief Grievance Redressal Officer (CGRO) |
Benefits of National Pension System
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Additional tax benefits
National Pension System offers an additional deduction of ₹ 50,000/- u/s 80CCD (1B)
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Lump-sum withdrawal
Withdraw up to 60% of corpus accumulated on maturity. The rest will be preserved to provide for pension/annuity
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Safe
National Pension System is backed by the Government of India and is regulated by Pension Fund Regulator under Government of India (PFRDA)
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Low cost & zero hidden charges
Minimum ₹ 1,000/- in a financial year with no hidden charges
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Hassle-free access
Subscribers can access their account from any location by quoting the unique Permanent Retirement Account Number (PRAN) number
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Convenient
Account opening and subsequent contributions can be made online
| Charge Head | Service Charges in Rs. (excluding taxes) | |
|---|---|---|
| Non Government Entity | Government Entity | |
| One Time Onboarding charge | Rs. 200/- per PRAN (equivalent of Rs. 50/- on quarterly basis will be deducted through cancellation of units by CRA(s). | NA |
| Annual charges | 0.20% p.a. of the AUM will be deducted through cancellation of units by CRA(s). | per PRAN @ Rs. 500 p.a. |
| Notes: i. GST or other taxes as applicable, shall be additional. | ||