APPLICABLE NPS CHARGES
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
|
||||||||||
NPS Trust | Reimbursement of Expenses | 0.005% p.a. |