| Intermediary | Charge head | Service Charges* (excluding taxes) | Mode of Deduction | ||||
| Private / Govt. | |||||||
| CRA | PRA Opening charges | CRA charges for account opening if the subscriber opts for Physical PRAN card | CRA charges for account opening if the subscriber opts for ePRAN card (in Rs.) | Through Unit Deduction | |||
| (in Rs.) | Welcome kit sent in physical | Welcome kit sent vide email only | |||||
| Rs. 40 (also applicable to reissue of PRAN card) | Rs. 35 | Rs. 18 | |||||
| Annual PRA Maintenance cost per account | Rs. 69 | Through Unit Deduction | |||||
| Charge per transaction | Rs. 3.75 | Through Unit Deduction | |||||
| POP | - | Private | Govt. | - | |||
| Initial subscriber registration and contribution upload | Min Rs. 200 and Max Rs. 400 (Negotiable within slab only) |
NA | Collected by POP | ||||
| Any subsequent transactions | 0.50% of contribution Min. Rs. 30 Max. Rs. 25,000 Non-Financial Rs. 30 (Negotiable within slab only) |
NA | Collected by POP | ||||
| Persistency > 6 months |
Rs. 50 per annum for annual contribution Rs. 1,000 to Rs. 2,999 Rs. 75 per annum for annual contribution Rs. 3,000 to Rs. 6,000 Rs. 100 per annum for annual contribution above Rs. 6,000 |
NA | Through Unit Deduction | ||||
| Contribution through eNPS | 0.20% of contribution, Min. Rs.15 Max. Rs.10,000 |
NA | Upfront deduction from contribution amount | ||||
| Processing of Exit / Withdrawal | @0.125% of Corpus with Min. Rs. 125 and Max. Rs. 500 |
NA | Collected by POP | ||||
| Custodian | Asset Servicing charges | 0.0032% p.a for Electronic segment & Physical segment | Through AUM | ||||
| PF charges | Investment Management Fee# | Slabs of AUM managed by the Pension Fund | Maximum Investment Management Fee (IMF) | Through AUM | |||
| Upto 10,000 Cr. | 0.09%$ | ||||||
| 10,001 – 50,000 Cr. | 0.06% | ||||||
| 50,001 – 1,50,000 Cr. | 0.05% | ||||||
| Above 1,50,000 Cr. | 0.03% | ||||||
| NPS Trust | Reimbursement of Expenses | 0.005% p.a | Through AUM | ||||
| * | In case of Government employees, CRA charges for Tier I account are being paid by the respective Government except for voluntary contribution, partial withdrawal and scheme preference change |
| # | It includes brokerage fee up to 3 basis points |
| $ | UTI Retirement Solutions Ltd charges a fee of 0.07% under this slab. |
| "The IMF to be charge by the Pension Fund on the slab structure would be on the aggregate AUM of the Pension Fund under all schemes managed by Pension Funds." |
