Toll Free Number -1800 889 1030 of Atal Pension Yojana    (New NPS-CRA toll-free number 1800 210 0080. The old number will be discontinued shortly.)                                                       Go Paperless Opt for an Email Annual Transaction Statement                      Protean CRA is migrating shortly from https://enps.nsdl.com to https://enps.nps-proteantech.in      ;      Click Here for Aadhaar Seeding of APY Subscribers                       Are you interested in undergoing online training on NPS/APY(including central/state/autonomous body subscriber), if so please  Click Here                       As per PFRDA guidelines, contribution payment in NPS Tier II A/c through Credit Card is not permitted. Use other modes of payment such as Net Banking/ Debit Card / UPI for contributing in Tier II.                                         You can view your NPS Transactions in Consolidated Account Statement (CAS) shared by your Depository i.e. NSDL and CDSL. To add NPS Transactions in your CAS, Click Here.           
Sr. No. Investment Summary
1. The ‘Investment Summary’ Section provides the Total Contribution in your account, Value of your Holdings (Investments) and Total Notional Gain/Loss on your Investment. It also provides overall Return on your Investment along with the Return for the financial year.
2. Return on Investments’ gives the annualized effective compounded return rate in PRAN account and is calculated using the formula of XIRR. The calculation is done considering all the contribution/redemptions processed in PRAN account since inception and the latest valuation of the investments. The transactions are sorted based on the NAV date.
3. The above returns are based on scheme NAVs and the securities held under the scheme portfolio are valued at Mark To Market (MTM) basis and are subject to change on NAV fluctuations.
Investment Details
4. The Contribution Details' section provides details of the Total Contribution processed in your PRAN account.
5. ‘Total Investment’ in your account as on March 31, 2024 (in Rs.) indicates the cost of units currently held in the PRAN account.
6. Total Notional Gain/Loss as on March 31, 2024 (in Rs.) indicates the overall gain or loss after factoring for the withdrawals processed in the account.
Account Management
7. The section “Account Management - Changes made during the Financial Year’ indicates all the change requests processed in PRAN account during the period for which the statement is generated.
Contribution/Redemption Details
8. The section 'Contribution/Redemption Details' gives the details of the contributions and redemption processed in subscriber’s account during the period for which the statement is generated. While contribution amount indicates the amount invested in subscriber’s account, the redemption amount indicates the cost of units redeemed from the account. The cost of units is calculated on a First-In-First-Out (FIFO) basis. The details are sorted based on date when the transaction is posted in PRAN account, which may/ may not be the date for allotment of the NAV.
Transaction Details
9. The section 'Transaction Details' gives the units allotted under different schemes / asset classes for each of the contributions processed in subscriber’s account during the period for which the statement is generated. It also contains units debited from the account for redemption and rectification. The details are sorted based on date when the transaction is posted in PRAN account, which may/may not be the date for allotment of the NAV.
10. For transactions with the remarks “To Unit Redemption”, the cost of units redeemed are adjusted against the total contribution in the Investment Details section. Further, the cost of units is calculated on a First-In-First-Out (FIFO) basis. For calculating the ‘Returns based on Inflows’, the actual redemption value corresponding to the units redeemed has been considered.
Other Instructions
11. This scheme (NPS Tier I) qualifies for deduction u/s 80CCD of the Income-Tax Act, 1961(the "Act")If you are an employee or if you are self-employed, you will be able to avail of deduction on contribution made from your taxable income to the extent of (u/s 80 CCD (1) of Income Tax Act, 1961).
  • - 10% of Salary (Basic + DA) - if you are salaried employee.
  • - 20% of your gross income - if you are self-employed.
However, please note that the maximum deduction from your taxable income is limited to Rs.1.50 lac, as permitted under Sec 80 CCE of the Income Tax Act.
12. Further, an additional deduction from your taxable income to the extent of Rs. 50,000/- is available only for contribution in NPS u/s Sec. 80 CCD (1B) of the Income Tax Act.
To give an example, your salary is Rs.15 lac per annum.
On contribution of Rs. 2 lac, you can avail:
  • Deduction under Sec. 80 CCD (1) - Rs. 1.50 lac
  • Deduction under Sec. 80 CCD (1B) - Rs. 50,000
  • Total deduction (a+b) - Rs. 2.00 lac
Also note that your employer's contribution (Only for Corporate Subscribers) up to 10% of your salary is fully deductible from your taxable income.
13. The Transaction Statement is dynamic. The value and other computations in the Transaction Statement depend upon the date on which the Transaction Statement is accessed in CRA system.
14. For Corporate Subscribers, the narration appearing in the Arrear contributions is as mentioned by your office at the time of giving/uploading information to CRA. In case you do not find clarity in the narration provided, you may kindly contact your CHO/CBO.
15. If you or your associated Corporate (for Corporate Subscribers only) have opted for ‘Auto Choice’ as Scheme Preference, the contribution is invested in Class E, C and G of the chosen PFM with percentage as per the subscriber’s age in accordance to the guideline of PFRDA.
16. The CRA charges are levied on a quarterly basis. The bill amount is recovered by way of redemption of units on the last working day of the quarter. You are requested to check the current balance of your account from the Statement of Holding available at CRA website (www.cra-nsdl.com). You can also view the details of the charges in the ‘Bill Details View’ option on the CRA website.
17. With effect from November 13, 2023, NPS Trust would recover administrative charges/ expenses @ 0.003% per annum of the Asset Under Management (AUM) on daily accrual basis to meet its expenditure.
18. Persistency charges are applicable to subscribers under All India Citizen model. The charges would be collected as per below matrix by way of deduction of units for having associated with POP for more than six months.
19.
Sector Particulars

All Citizens of India – to POP

Rs.50+GST- per annum for annual contribution Rs.1000 to Rs.2999

Rs.75+GST- per annum for annual contribution Rs.3000 to Rs.6000


Rs.100+GST- per annum for annual contribution above Rs.6000
20. If you have not provided your mobile number/email ID/Nomination at the time of registration or the details provided earlier have changed, please get the same updated in CRA system by submitting ‘Subscribers details change form (Form UOS-S2) to your associated POP-SP and form (Form CS-S2, in case of Corporate Subscribers) to your associated POP-SP, through your Corporate.
21. Scheme preference can be changed four times in a financial year and PFM can be changed once in a financial year. If your selection of scheme is at your Corporate level and only if the corporate is registered on or after December 01,2018 and also if you are associated with the same Corporate for more than 365 days, in this case you can change the Scheme Preference as per your choice.
22. According to the Regulatory Guidelines, CRA follows the (T+2) Settlement Cycle. Subsequent to authorisation of Withdrawal request by Nodal Office, request will be considered for pay-in on next working day and as per the stipulated settlement process the funds will be transfer to the respective Subscriber’s bank account on 3rd working day (i.e. on T+2 settlement days).
23. In case your account has been frozen (for not adhering with the minimum yearly contribution investment criteria for the previous financial year as prescribed by PFRDA, you will not be able to operate your account or view the Transaction Statement. To unfreeze your account, you may contribute either through any POP or through the eNPS Portal (https://enps.nsdl.com) or the NPS Mobile APP (available in Google Play store). Till the time your account is frozen, no further Transaction Statement (in physical form) will be sent to you.
24. "Cost of Withdrawal", "Cost of GPF Withdrawal" and "Cost of One Way Switch", is the cost of units for the particular transaction and is calculated on a First-In-First-Out (FIFO) basis. For calculating the 'Returns based on Inflows', the actual redemption value corresponding to the units redeemed has been considered. Further, 'Total Withdrawal' in the Investment Summary section includes actual redemption value of Withdrawal and One Way Switch transactions.
25. The contents of the Transaction Statement will be deemed to be correct and accepted by you unless you inform us of any error/ discrepancy within 30 days of receipt of the Transaction Statement.
26. In case of any other queries, you may contact CRA on toll free helpline 1800 2100 080/ 022-24993499.Please keep your PRAN and T-PIN ready before calling.
27. Custodian Charges by NPS Trust have been revised from 0.0032% to 0.000000001770%.

Legends
Term Description

NAV

Net Asset Value is the underlying value of one unit and is computed daily, based on the closing market prices of the securities in the fund's portfolio.
The daily NAV is available at https://npscra.nsdl.co.in/nav-search.php

Current value of Contribution in a Scheme = Current NAV of the scheme x Total Units in the Scheme.