Charges on your Pension A/c
All the charges associated to Tier I account including Annual PRA Maintenance charge are paid by the employer. In case of Tier II account, activation charge and transaction charges are paid by the subscriber.
The POP charges and the CRA charges are given in the table below
PRA Opening charges Rs.50 Through cancellation of units at the end of each quarter.
Annual PRA Maintenance cost per account Rs.190
Charge per transaction Rs.4 POP
(Maximum Permissible charge for each subscriber)
Initial subscriber registration Rs.100 To be collected upfront
Any other transaction not involving a contribution from subscriber Rs.20
*Service tax and other levies, as applicable, will be levied as per the existing tax laws.