To become a subscriber of NPS, you are required to pay nominal charges as part of the onboarding process. There is a clear break-up of the charges that you need to pay, and there are no hidden costs or fees.
For the latest and detailed information on applicable charges, please refer to the respective CRA websites:
Updates
What is the penny drop process?
It is a process used to verify your bank account. Under this, the CRA credits ₹1 as a test transaction in your account.
Guidelines on Price Discovery Process for the charges of Central Recordkeeping Agencies (CRAs) for the services rendered by them to the subscribers
Clarification on Charge Structure of CRAs under the pension schemes regulated /administered by the PFRDA
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