New Pension System - Fees and charges

Intermediary	Nature of Service	Applicable Charge*	Frequency of charge	Mode of deduction
POP	Subscriber Registration	Rs.200	One time	Deducted from initial contribution
(Maximum Permissible Charges)	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
CRA	Permanent Retirement Account Opening	Rs. 50	One time	Through cancellation of units
	Permanent Retirement Account Maintenance	Rs. 95	Per Annum
	Transaction Processing	Rs. 4	On each transaction
Trustee Bank	Not Applicable	Nil
Pension Fund Manager	Investment Management	within the prescribed upper ceiling of 0.01% p.a.	On AUM	Through NAV deduction
Custodian	Asset Servicing	0.0032% p.a for Electronic segment & Physical segment	On AUM	Through NAV deduction

*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 ā€“II account. Also, please note that the fee structure may change from time to time as may be decided by PFRDA.