Service Charges
Service Charges
NPS is one of the low-cost pension schemes available across the world. Below are the standard applicable charges as per PFRDA norms. For further clarification on charges Click Here.
| TRANSACTION TYPE | SERVICE CHARGES | FREQUENCY | METHOD OF DEDUCTION | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| New account opening | ₹ 400/- | One time | Collected upfront | ||||||||
| Initial and subsequent contribution | 0.50% of contribution (min. ₹ 30/- to max. ₹ 25,000/-) | Per transaction | |||||||||
| Non-financial transactions | ₹ 30/- | Per transaction | |||||||||
| Processing of Exit / Withdrawal | 0.125% of corpus (min. ₹ 125/- to max ₹ 500/-) | Per transaction | |||||||||
| Persistency Fees (only for NPS All Citizens) |
| Annually | Collected through the cancellation of units |
Disclaimers: The above charges are exclusive of GST.
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