Applicable fees

 

Applicable fees/charges levied on NPS Subscribers:

 

Intermediary	Charge head	Service Charges* (excluding taxes)				Mode of Deduction
		Private / Govt.
CRA	PRA Opening charges	CRA charges for account opening if the subscriber opts for Physical PRAN card	CRA charges for account opening if the subscriber opts for ePRAN card (in Rs.)			Through Unit Deduction
		(in Rs.)	Welcome kit sent in physical		Welcome kit sent vide email only
		Rs. 40 (also applicable to reissue of PRAN card)	Rs. 35		Rs. 18
	Annual PRA Maintenance cost per account	Rs. 69				Through Unit Deduction
	Charge per transaction	Rs. 3.75				Through Unit Deduction
POP	-	Private		Govt.		-
	Initial subscriber registration and contribution upload	Min Rs. 200 and Max Rs. 400		NA		Collected by POP
		(Negotiable within slab only)
	Any subsequent transactions	0.50% of contribution		NA		Collected by POP
		Min. Rs. 30 Max. Rs. 25,000
		Non-Financial Rs. 30
		(Negotiable within slab only)
	Persistency	Rs. 50 per annum for annual		NA		Through Unit Deduction
	> 6 months	contribution Rs. 1,000 to Rs. 2,999
		Rs. 75 per annum for annual
		contribution Rs. 3,000 to Rs. 6,000
		Rs. 100 per annum for annual
		contribution above Rs. 6,000
	Contribution through eNPS	0.20% of contribution,		NA		Upfront deduction from contribution amount
		Min. Rs.15 Max. Rs.10,000
	Processing of Exit / Withdrawal	@0.125% of Corpus with		NA		Collected by POP
		Min. Rs. 125 and Max. Rs. 500
Custodian	Asset Servicing charges	0.0032% p.a for electronic segment & Physical segment				Through AUM
PF charges	Investment Management Fee#	Slabs of AUM managed by the Pension Fund		Maximum Investment Management Fee (IMF)		Through AUM
		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	0.005% p.a				Through AUM