Search: Point of Presence
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September 2026
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SEBIPFRDA proposes overhaul of Point of Presence Regulations: physical and digital modes, LLPs, trusts and societies eligible, annual fee of 1% — exposure draft, comments closed 2 October
Draft: PoP fee ₹25,000, digital nilComments invitedPFRDA’s exposure draft of 2 September 2026 proposes to amend the Point of Presence Regulations, 2018: two modes of distribution (physical and digital), more legal forms eligible for digital-mode registration, application fee of ₹25,000 for physical mode and nil for digital, an annual fee of 1% of charges earned in place of five-yearly renewal, and “NPS Mitra” in place of “pension agent”. These are proposals; the comment period ended on 2 October 2026.
August 2026
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SEBINPS Point of Presence charges from 1 October 2026: ₹200 one-time onboarding per PRAN and 0.20% of AUM a year for all schemes and NPS Lite; dormant accounts not charged
PoP: ₹200 + 0.20% of AUMRule changePFRDA has revised what Points of Presence can charge for all schemes under NPS and NPS Lite from 1 October 2026: a one-time onboarding charge of ₹200 per PRAN, recovered at ₹50 a quarter, and an annual charge of 0.20% of AUM adjusted through NAV. Dormant accounts are not charged. Fully digital onboarding may attract a reduced ₹100 charge. GST is extra.
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