Tier-2 Account Applying Procedure
National Pension System
NPS Tier - II A/C Joining Procedures For All Citizens,
Corporate
Online: - https://enps.nsdl.com/eNPS/submitTier2Request.html
Offline: Customer needs to visit his nearest POP for account
opening
POP List:
https://www.npscra.nsdl.co.in/pop-sp.php
Age Group -
18 Years to 70 years
Tier II
Account Conditions:
- Voluntary
savings facility.
- Subscriber
can withdraw his savings from this account whenever he wishes.
- No
Account Opening & Account Maintenance Charges by CRA
- Only
transactions are chargeable from CRA & POPs
- No
limit on withdrawals from Tier II account
- Investment
Patterns same as Tier I
- There
is no tax benefit in Tier-2 A/C.
Documents
Required:
·
Subscriber
registration form (Annexure 1: Tier II Details)
·
Pan
Card
·
PRAN
Card
·
Tier-1
Account
·
Saving
Bank Account
Account
Opening & Contribution for Tire-2 A/C:
There is no
minimum contribution required every year and no need to maintain minimum
balance
Minimum Contribution at the time of account opening Rs. 1000
TAT: After receiving the contribution amount by POP within 3
working days.
Note: Third party contribution not allow in Tier-2 account,
now customer can contribute in Tier -2 account from his/her own saving account
or declaration required for off line contribution.
* In case of Government employees, charges are being paid by
the respective Governments
Note:
- NPS is not available for Government employs in Tripura & West Bangal.
- At present, POA (Power of Attorney) facility is not available in NPS.