nps charges: Charges for investing online in NPS via India Post


The National Pension System (NPS) is a voluntary retirement savings scheme that allows subscribers to make defined contributions toward planned savings, insuring their future in the form of a pension. The India Post offers the facility to invest in the National Pension Scheme (NPS).

The Pension Fund Regulatory and Development Authority regulates the NPS, which is a government-sponsored retirement planning vehicle (PFRDA). PFRDA has designated India Post as one of the Points of Presence (POP) – the NPS subscriber’s first point of contact with the NPS architecture. All head offices across the country are identified as Point of Presence- branches (POP-SP) for operating NPS.

India Post in its latest notification informed the latest charges applicable for NPS accounts (both for physical and online). (Note that GST or other Govt. taxes will be applicable additional to the charges.)

These are the latest charges for NPS

Charges for online NPS

According to the April 21, 2022 notification by the Department of Posts, the charges for DOP as a POP under NPS Online Charges will be the same as those for SBI ePAY and PayTM through regular/ SIP Mode and will be borne by DOP. The following are the specifics:

Lumpsum PG SP Charges

Paytm PGSP Commission for Net Banking: Rs 3.25 per transaction, excluding taxes will be debited by the PGSP prior to transfer of the aggregated amount.

SBI ePay PGSP Commission for Net Banking: Rs 2.50 per transaction, excluding taxes will be debited by the PGSP prior to the transfer of the aggregated amount)

SIP Processing through Paytm

Systematic Investment Plan (SIP) processing in NPS can be only done through Paytm.

Mandat e-Processing Fees and Initiation: Rs 3.50 per mandate will be deducted from the subscriber’s account by the CRA as a unit deduction.

Debit Transaction Charges: Excluding taxes, each transaction costs Rs 3.25 will be debited by the PGSP before remittance of the aggregated amount.



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