Frequently Asked Questions
Who can subscribe for NPS?
The employee should be between 18-65 years of age as on the date of submission of his/her corporate NPS application to the POP/POP-SP. The employee should comply with the KYC normal as detailed in the Subscriber Registration form for corporate NPS. The registration form attached with Offer Document should be duly filled-in by the applicant along with the terms and conditions which should be duly complied with. All the documents required for KYC compliance need to be mandatory submitted.
What are the POP charges at time of subscription & subsequent contribution?
"Subscriber needs to pay the service charges to POP (HDFC securities) for subscribing to NPS scheme. An Initial subscriber registration charge of Rs.400/- and an ad valorem transaction charge of 0.50% of the initial contribution amount* from subscriber subject to a minimum of Rs.30 and a maximum of Rs. 25,000/-. Any subsequent transaction involving contribution* – 0.50% of the amount subscribed by the NPS subscriber, subject to minimum of Rs.30/- and a maximum of Rs.25000/-. Any other transaction# not involving a contribution from subscriber – Rs.30"
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