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New Pension System - POP |
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The New Pension System (NPS) reflects Government’s effort to find sustainable solutions to the problem of providing adequate retirement income.
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NPS is open for all resident & non-resident Indian citizens aged between 18 and 60 years who can enroll themselves into it to make valuable contribution for post retirement income.
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NPS is regulated by Pension Fund Regulatory & Development Authority (PFRDA) with transparent investment norms and regular performance review of fund managers.
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NPS Offers a choice of Investment options. Subscribers can choose investment option as to how their pension wealth is to be invested.
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Pension Fund Managers invest the pension wealth received from the subscribers who have option to choose any one out of 6 funds managers appointed by PFRDA. Shifting of PFM is permitted once a year.
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National Securities Depository Limited (NSDL) appointed as Central Recordkeeping Agency (CRA) acts as an operational interface between PFRDA and NPS intermediaries.
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To enroll for NPS, submit the Registration Form to any of the Point of Presence –Service Provider ( POP-SP). After your Permanent Retirement Account (PRA) is opened, you will receive a Permanent Retirement Account Number (PRAN) Card for future references.
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| Alankit- Point of Presence (POP) for NPS |
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Alankit, as Point Of Presence (POP) is the first point of interaction between the voluntary subscriber and the NPS architecture. It takes care of functions relating to :
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Opening of NPS Account.
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Registration of Subscribers.
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Undertaking Know Your Customer (KYC) Verification.
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Receiving Contributions and Instructions from Subscribers.
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Information, news and data on Current and forthcoming IPOs
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Alankit is rendering POP services through its existing network of 1000 plus branches that are acting as Point of Presence Service Providers (POP-SP). Such POP-SPs are providing services like subscriber registration, receiving regular contributions, modifications in address, nominations, bank details, grievance handling and MIS uploading etc.
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For more details, please click Helpdesk and contact or submit your query/proposal. Our representative will be in touch with you soon.
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