PFRDA
PENSION FUND REGULATORY AND DEVELOPMENT
AUTHORITY
PFRDN2015/13/POP/02
Date: 20th April 2015
To.
All Points of Presence (PoPs)
All Points of Presence (PoPs)
Subject: Enhancement of initial subscriber registration charges for POP
under NPS for all subscribers under Corporate & All Citizen Model
As per extant guidelines, the initial subscriber registration charges
for POP is Rs. 100/-. and transaction charge is 0.25% of the initial
contribution amount received from the subscriber on ad valorem basis. subject to a minimum of Rs.20/- and a
maximum of Rs. 25,000/-
With the notification of the PFRDA (PoP)
Regulations. 2015 dated 04/03/2015, and with a view to ensure better
penetration of National Pension System (NPS) through
enhanced participation of POPS to promote the scheme, it has been decided by
PFRDA to increase the initial subscriber registration charges for subscribers
of Corporate 8. All Citizen Model from Rs. 100/- to Rs. 125/-
Other PoP charges for financial Inon- financial transactions remain the
same. They are as under:
- The charges for any
subsequent transaction is 0.25% of the amount received from the NPS
subscriber. subject to minimum of Rs.20/~ and a maximum of Rs. 25000/-.
- Any other transaction not
involving a contribution from subscriber is Rs20/- per transaction.
The above charge structure would be applicable to both individuals under
Corporate Model and under All Citizen Model subscribers in the Private
(Non-Government) Sector and shall be effective once the PoPs get registered
with PFRDA. under the PFRDA (POP) Regulations. 2015 dated 04/03/2015.
Ashish Kumar
General Manager
Source: http://pfrda.org.in/MyAuth/Admin/showimg.cshtml?ID=662
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