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New Pension System - IDBI Bank New Pension System

Personal > Investment Advisory > New Pension System

New Pension System - Fees and charges


Nature of Service

Applicable Charge*

Frequency of charge

Mode of deduction

(Maximum Permissible Charges)

Subscriber Registration

Rs. 100

One time

Deducted from initial contribution

Contribution Processing

0.25% of contribution amount subject to minimum Rs. 20 and maximum Rs. 25000 per transaction

On each contribution

Deducted from Contribution amount

Non - Financial Transaction Processing

Rs. 20

On each request

Collecting upfront along with service request


Permanent Retirement Account Opening

Rs. 50

One time

Through cancellation of units

Permanent Retirement Account Maintenance

Rs. 190

Per Annum

Transaction Processing

Rs. 4

On each transaction

Trustee Bank

Not Applicable




Pension Fund Manager

Investment Management

within the prescribed upper ceiling of 0.01% p.a.


Through NAV deduction


Asset Servicing

0.0075% p.a for Electronic segment & 0.05% p.a. for Physical segment


*exclusive of Service Tax

Service tax and other levies, as applicable, will be levied as per the existing tax laws. There are no additional CRA charges for the maintenance of Tier –II account. Also, please note that the fee structure may change from time to time as may be decided by PFRDA.

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