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Corporates

NPS Corporate Sector Model is designed for all Corporates including Private Companies, PSUs, CPSEs, etc. to adopt NPS as an organized entity within purview of their employer-employee relationship and provide NPS benefits to its employees. This would facilitate corporate entities and other registered bodies to offer their existing and prospective employees the option to open NPS account and avail its benefits. Corporate may join NPS through any one of the existing Point of Presence POPs. The employee’s contribution, as deducted from their salaries, along with employer’s contribution (if so) is deducted and remitted by the Corporate Head Office to the POP with which it has a Memorandum of Understanding.

Online Corporate Registration (Click Here)
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    ​​​Steps Followed by Corporates:

  • The Corporate Entity (User) is required to access the NPS portal ( https://nps.kfintech.com/ ) Corporate Registration under NPS.
  • The User is required to click on the hyperlink appearing as “Online Corporate Registration” mentioned above
  • On clicking on the hyperlink appearing as “Online Corporate Registration”, Corporate user will be redirected on Corporate Registration screen.
  • Corporate user will be required to select Registration and enter the Corporate PAN, Corporate TAN and Captcha, then click on “Submit” button.
  • Once the user clicks on "Submit" button, User will be taken to next page wherein User is required to fill all the mandatory fields like POP Registration Number (association for NPS activities), Corporate Name, Personal details, Contact details and Nodal Officer’s Details (Compliance Officer) and Alternate Nodal Officer’s details).

  • Corporate User is required to select the Scheme Preference details and PRAN kit dispatch option
  • Once all the mandatory details are entered, the User clicks on “Save” option, an Acknowledgement ID will be generated and displayed on the screen.
  • An email will be triggered to the email ID provided at the time of registration.
  • Along with Acknowledgement ID, a Corporate registration form (PDF) will be generated for download.
  • The User will have to download the Corporate Registration Form with the details provided during registration. The User is required to submit the duly signed form to the POP (selected at the time of online registration) for authorization in the CRA system.
  • To check the status of the Corporate Registration user need to click on ’Check request to provide the all mandatory fields (PAN,TAN, Acknowledgement ID, Captcha) then click on “submit” button.
  • Authorization by POP in the CRA system:

  • For Authorization by the POP, the concerned POP User will login into CRA system then click on Menu-> Entity Authorization - > CHO Authorization.
  • Click on View button and verify all the details captured by user and decision will be taken to accept or reject.
  • On acceptance/rejection of the form, an Acknowledgement ID is generated and displayed on the screen.
  • Authorization by CRA user in the CRA system:

  • For Authorization by CRA, CRA User will login into CRA system then click on Menu-> Entity Authorization - > CHO Authorization.
  • Click on View button and verify all the details captured by user and decision will be taken to accept or reject.
  • On acceptance of the form, an Acknowledgement ID is generated and displayed on the screen.

    On Authorization, Corporate registration number will be generated i.e. CHO and CBO. An auto-email will be triggered to the registered email ID along with details of Corporate registration.

Corporate Model is available to any of the entities as under:-

  • Entities registered under Companies Act
  • Entities registered under various Co-operative Acts
  • Central Public Sector Enterprises
  • State Public Sector Enterprises
  • Registered Partnership firm
  • Registered Limited Liability Partnership (LLPs)
  • Any Body incorporated under any act of Parliament or State legislature or by order of Central / State Government
  • Proprietorship Concern
  • Trust/Society
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Registration of CHO/CBO

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Entities involved and their roles under NPS Contribution

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What is Subscriber Contribution File?

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Subscriber Contribution File (SCF) is a file containing the details of the contributions of Subscriber (Own and Co-Contribution if any) towards the pension fund. It is a standard format specified with contribution details of Subscribers which has to be uploaded in CRA system by Nodal Office.

SCF Format

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** Contribution Types are -   C For Regular A for Arrears V for Voluntary

** Remark-

Remark is mandatory if contribution type is Arrears

Contribution Model

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Fund Transfer

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POP / POP-SP’s bank transfers the total funds electronically to Trustee Bank within 12 working days. Information to be provided while transferring the funds i.e. PAOFIN . For example, PAOFIN10000011700000000001

Registration Form and Covering letter for Nodal Office

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