NPS Pricing
IND Pricing
Collection of Charges: Through cancellation of Units by Central Recordkeeping Agencies (CRA)
| Charge Head (effective from 01.01.2026) | Charge | Frequency |
|---|---|---|
| One-time onboarding charge (1st year) | ₹200 per new account | One time — deducted as ₹50/quarter via unit cancellation by CRA for 4 quarters following onboarding |
| Annual service charge(subsequent years) | 0.20% of AUM / year | Quarterly — levied on the last day of the quarter via NAV adjustment, starting from the second year of account opening |
How unit cancellation works:
The Central Recordkeeping Agency (CRA — NSDL/Protean) automatically deducts the applicable annual service fee by redeeming a small portion of your NPS units on a quarterly (pro-rata) basis.
Illustration:
If your total investment (AUM) is ₹1,00,000, the annual charge is 0.20% = ₹200. This is deducted as ₹50 per quarter by adjusting your unit balance slightly. This charge applies from the second year of account opening onwards.
Important:
- Apart from the above-mentioned Annual Service Charge and One time Onboarding Charge , no additional platform or service fees are applicable.
- GST or other applicable taxes shall be additional and levied as per prevailing laws.
- There shall be a minimum contribution of Rs. 250/- at the time of onboarding and Rs 10/- at the time of making subsequent contributions for subscribers under NPS (All Citizen)
- Dormant accounts will not be charged. An account is considered dormant if, subsequent to contributions made in any given quarter, no further contributions are received for the next four consecutive quarters, as determined at the end of each quarter.