Checkout the following NPS charges:

Intermediary Type Service Charges*
CRA (Central Record-Keeping Agency) Account Opening Charges NSDL ₹40 | Karvy ₹39.36
Annual Maintenance Cost per Account NSDL ₹69 | Karvy ₹57.63
Charge per Transaction NSDL ₹3.75 | Karvy ₹3.36
POP (Point-of-Presence) Initial Subscriber Registration & Contribution Upload ₹200 - ₹400
Any Subsequent Transactions 0.5% of contribution | Min. ₹20 Max. ₹25000 Non-Financial ₹20
Persistency (tenure> 6 months)

Rs.50/- per annum for annual contribution Rs.1000 to Rs.2999

Rs.75/- per annum for annual contribution Rs.3000 to Rs.6000

Rs.100/- per annum for annual contribution above Rs.6000

Contribution through eNPS 0.20% of contribution, Min. ₹15 Max. ₹10000
Custodian Asset Servicing Charges 0.000000001770% p.a. for electronic segment & physical segment
Pension Fund Manager Charges Investment Management Fee

The Investment Management Fee shall be charged in percentage in accordance with following slab structure of Asset Under Management

Slabs of AUM Maximum Investment Management Fee
Upto 10,000 Cr. 0.09%
10,001 – 50,000 Cr 0.06%
50,001 – 1,50,000 Cr 0.05%
Above 1,50,000 Cr. 0.03%
NPS Trust Reimbursement of Expenses 0.003% p.a.

Max Life Pension Fund Management Limited (PFRDA Regn. No. PFRDA/PF/2022/002) - Max Life Pension Fund Management Limited is a wholly owned subsidiary of Max Life Insurance Co. Ltd. – Registered office, 3rd Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram 122002, Haryana. Right to use the Trademark displayed belong to Max Financial Services and with its consent, are used by Max Life Pension Fund Management Ltd. Website: