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National Pension System (NPS)

Service Charges;

IntermediaryCharge head Service Charges*Method of Deduction
Point of Presence Subscriber registrationRs. 250/-To be collected upfront
Initial Contribution0.50% of contribution amount 
Minimum ₹ 30/- Maximum ₹ 25,000/-
Subsequent transactions
Non-Financial transactionsRs. 30
Contribution through eNPS platform of NPS Trust0.20% of contribution, 
Min. Rs. 15 Max. Rs. 10,000/-
(for NPS All Citizen and Tier-II accounts)
Processing of Withdrawal/exit0.125% of corpus
Minimum Rs. 125 Maximum Rs.500
 
Persistency Charges₹ 50 per annum for annual contribution ₹ 1000 to ₹ 2999
₹ 75 per annum for annual contribution ₹3000 to ₹6000
₹100 per annum for annual contributions above ₹6000
(only for NPS All Citizen)
Through Cancellation of units
Central Recordkeeping AgencyAccount Opening charges (One Time)*NSDL           KFintech
Rs. 40Rs. 39.36
Account Maintenance Charges (Per Annum)Rs. 69Rs. 57.63
Charge per transaction
(Financial /Non-Financial)
Rs. 3.75Rs. 3.36
Pension FundInvestment Management Fee0.0467% - 0.09%Adjustment in NAV of Scheme
NPS TrustReimbursement of Expenses0.005 % p.a. of Assets Managed
CustodianAsset Servicing charges0.0032% p.a. assets in custody

 

* In case a subscriber opts not to have a physical PRAN Card or Welcome Kit, reduced account opening charges of CRA are applicable as under:

 

CRAAccount
opening with a Physical PRAN card (in Rs.)
Account opening with ePRAN card (in Rs.)
Welcome kit sent in
hardcopy
Welcome kit sent vide 
email only
NSDL eGov40.0035.0018.00
Kfintech39.3639.364.00

 

Tier-II transaction charges are the same as Tier-I.

** All charges are excluded GST amount.

 

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Attention Investors :

Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day..... Issued in the interest of investors. | KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. |We do proprietary trading occasionally |Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. |Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month ........... Issued in the interest of Investors.