NPS works on an unbundled architecture where multiple intermediaries (such as POP, CRA, Pension Fund Manager, Custodian, NPS Trust etc) are involved to perform different services. For each intermediary PFRDA has defined the charge structure as shown below. All the below charges are subject to change and are exclusive of GST.
POP charges are either taken upfront from the customer or recovered from the contribution amount deposited by the customer, as shown below:
| POP | Charge Head | All Citizen and Corporate | Govt. |
First Year of subscribers onboarding (effective from 01.01.2026) | 0.2% p.a. of the AUM (subject to minimum of Rs. 30/-) and 0.1% p.a. for CPSE employees (subject to minimum of Rs.15/-) pro-rata on quarterly basis. or Rs. 200/- per new account (on monthly basis, to be collected in the month subsequent to the month of on-boarding) | ||
Second Year onwards (effective from 01.01.2026) | 0.2% p.a. of the AUM (subject to minimum of Rs.30/-) and 0.1% p.a. for CPSE employees (subject to minimum of Rs.15/-) pro-rata on quarterly basis, in accounts other than Dormant accounts. This shall be applicable to all existing accounts as well | NA | |
| Persistency** | ₹50/- per annum for annual contribution ₹1000/- to ₹2999/- ₹75/- per annum for annual contribution ₹3000/- to ₹6000/- ₹100/- per annum for annual contribution above ₹6000/- (Only for NPS All Citizen) | NA | |
| e-NPS (for subsequent contribution) | Upto 0.20% of contribution, subject to Max. ₹10000/- (Only for NPS All Citizen and Tier II accounts) | NA | |
| Trail commission for DRemit Contributions | Upto 0.20% of contribution, subject to Max. ₹10000/- (Only for NPS All Citizen and Tier II accounts) | ||
| Processing of Exit / Withdrawal | Upto 0.125% of Corpus subject to Max ₹500/- | NA |
** Persistency fee is payable to POPs if you are associated with that POP for more than 6 months in a financial year.
For plans under MSF(Multi Scheme Framework), total fee of 0.3% p.a. on AUM (including POP & PF Charges) is applicable
Please note that PFRDA has revised the Investment Management Fee (IMF) structure for Pension Funds with effect from 1 April 2026
Under Non-Government Sector, the following shall be the structure for IMF (with effect from 1 April 2026):
| Slabs of AUM (in Rs. Crores) | IMF rates for Non-Government Sector subscribers (NGS) |
| Up to 25,000 | 0.12% |
| Above 25,000 & Up to 50,000 | 0.08% |
| Above 50,000 & Up to 1,50,000 | 0.06% |
| Above 1,50,000 | 0.04% |
The IMF to be charged 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.
These rates of IMF shall be reviewed by the Authority in a period of five (5) years from the date of implementation.
With effect from 1st April, 2021, following IMF shall be charged by the freshly appointed Pension Funds.
| AUM Slab (in Cr) | PFM Charge % for the slab |
| Up to Rs 10,000 | 0.09% |
| Rs 10,001 – Rs 50,000 | 0.06% |
| Rs 50,001 – Rs 1,50,000 | 0.05% |
| Rs 1,50,000 and above | 0.03% |
CRA recovers charges by cancelling units from customer’s NPS account on quarterly mode.
Charge Head | Charges for KFintech CRA | Charges for NSDL CRA |
PRAN Generation | Rs.39.36 | Rs.40.00 |
Annual Maintenance | Rs.57.63 | Rs.69.00 |
Financial Transaction Processing | Rs.3.36 | Rs.3.75 |
Charges for PFM, Custodian and NPS Trust are recovered on daily basis by adjusting NAV.
| Intermediary | Charge Head | Charges (Annual) |
| Custodian | Asset Servicing charges | 0.000000001770% per annum for Electronic segment & Physical segment |
| NPS Trust | Reimbursement of Expenses | 0.003% |
For processing contribution online, the payment gateway service provider levies charges depending on the payment mode opted by the customer. These charges are levied to customers on each successful transaction.
| Mode of Payment | Charges |
| RuPay Debit Card | Nil |
| UPI | Nil |
| Net Banking | Nil |
| Credit Card | 0.75% of the contribution amount + GST |
PGSP fund settlement time is T+1 day where T is the date of contribution made by subscriber
First, specify the monthly amount you envision contributing towards your desired retirement corpus. This step helps evaluate your realistic contribution capacity.
Next, input your current age. This informs the calculator about your investment horizon, crucial for estimating potential growth.
Utilize the slider to set your anticipated rate of return. Remember, this reflects your risk tolerance and investment choices. Higher returns often come with greater volatility.
Click the calculation button, and witness your estimated retirement corpus materialize! The tool factors in your contributions, investment returns, and inflation for a comprehensive view.
Beyond the Numbers:
While NPS calculators offer valuable insights, they cannot encompass individual factors like future income variations or personal circumstances. Consulting a financial advisor for personalized guidance remains crucial.
Embracing Financial Security:
The NPS, a government-backed scheme, offers tax benefits and a guaranteed minimum pension. It’s a prudent choice for individuals seeking long-term financial security and a comfortable retirement transition.
Investing in Your Future, Wisely:
By utilizing NPS calculators and seeking professional advice, you take a proactive step towards a secure and fulfilling retirement. Remember, financial planning is a journey, not a destination.
