Open your NPS Account digitally in less than 20 minutes
Start with just ₹ 1000 per annum through Lumpsum or SIP
Seamlessly transfer pension account across jobs and location
Annual fees on investment less than 0.09%
Mix of Equity and Debt offers higher return than traditional retirement schemes
Lock-in till 60 years enusres subscribers remain invested for a long period of time.
| Category | Section | Investment Limit |
|---|---|---|
| Own Contribution | 80 CCD (1) | 10% of Salary (upto 1.5 lakh)* |
| Additional Contribution | 80 CCD (1B) | ₹50,000 |
| Employer Contribution | ₹50,000 | 10% of Salary (upto 7.5 lakh)# |
| Category | Section | Investment Limit |
|---|---|---|
| Own Contribution | 80 CCD (1) | 20% of Gross Annual Income (upto 1.5 lakh)* |
| Additional Contribution | 80 CCD (1B) | ₹50,000 |
| Fund Options | Risk Profiling | Exposure Limit |
|---|---|---|
| Government Securities | Low | Upto 100% |
| Corporate Bonds | Moderate | Upto 100% |
| Equities | High | Upto 75% |
| Alternate Investment | Very High | Upto 5% |
Tier 1 account mandatory to join NPS
Investment is locked-in until the age of 60.
Withdrawals are conditional.
Tax benefits can be claimed.
Only Tier-I account holders can open it.
No Lock-in period on investment.
Flexible Withdrawal & Exit Rules.
No Tax Exemptions on Contributions.
Under Auto choice, funds are invested across asset classes as per a pre-defined portfolio. Subscribers get to choose from Aggressive, Moderate and Conservative allocation. As a subscriber approaches retirement, exposure to more risky investments reduce automatically.
| Charge Head | Charges |
|---|---|
| Account Opening | ₹ 200 |
| Contribution Processing | 0.50% subject to min ₹ 30 and max ₹ 25000 |
| Non-Financial Transaction Processing | ₹ 30 |
| Persistency | Applicable for subscribers (except corporate NPS) active for more than 6months with a POP. |
| AUM Slab (in Cr) | PFM charges % for the Slab |
|---|---|
| Upto ₹ 10,000 | 0.09% |
| ₹ 10,001 to ₹ 50000 | 0.06% |
| ₹ 50,001 to ₹ 1,50,000 | 0.05% |
| ₹ 1,50,001 and Above | 0.03% |
| * UTI Retirement Solutions Ltd charges a fee of 0.07% under this slab. | |
| Charge Head | Kfintech | NSDL |
|---|---|---|
| PRAN Generation | ₹ 39.36 | ₹ 39.36 |
| Annual Maintenance | ₹ 57.63 | ₹ 69.00 |
| Financial Transaction processing | ₹ 3.36 | ₹ 3.75 |
| Intermediary | Charge Head | Charges (Annual) |
|---|---|---|
| Custodian | Custodian Fee | 0.0032% p.a |
| NPS Trust | Reimbursement of Expenses | 0.005% p.a |
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