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 ensure 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 | 80 CCD(2) | 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 |
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.
* Expected Maturity Amount for an investment of₹10,000 per month for 30 years
Charge Head | Charges | ||||||||
---|---|---|---|---|---|---|---|---|---|
Account Opening | ₹ 200 | ||||||||
Contribution Processing | 0.50% subject to min ₹ 30 and max ₹ 25000 | ||||||||
Non-Financial Transaction Processing | ₹ 30 | ||||||||
|
|||||||||
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 | ₹ 40.00 |
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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