Charges.
Home > New Pension Scheme > Charges
| Agency | Service | Charge | Mode | ||||
| CRA | Account opening. | Rs 50 | Through cancellation of units. | ||||
| Annul maintenance charge. | Rs 350* | ||||||
| Per transaction. | Rs 10* | ||||||
|
PoP (Max allowed) |
Registration. | Rs 40 | Upfont payment. | ||||
| Per transaction. | Rs 20 | ||||||
| Trustee bank | Per transaction at RBI location. | NIL | Through NAV deduction. | ||||
| Per transaction at non-RBI location. | Rs 15 | ||||||
|
Custodian (on asset value) |
Asset servicing. |
Electronoc segment 0.0075% a year. Physical sgment 0.05% a year |
Through NAV deduction. | ||||
| Fund manager | Investment management | 0.0009% a year. | Through Nav deduction. | ||||
| Service tax and other levies as applicable * Once there are 1 million CRA accounts the annual maintenance charge will decrease to Rs 280 and per transaction charge to Rs 6. It will go down to Rs 250 and Rs 4 once there are 3 million accounts Source: PFRDA |
| The cost is almost negligible with an increase in subscription amount. |
 |