Corporate National Pension Scheme – NPS KFintech (2024)

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)

Corporate National Pension Scheme – NPS KFintech (1)

    ​​​Steps Followed by Corporates:

  • The Corporate Entity (User) is required to access the NPS portal ( 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 National Pension Scheme

    ​​​What is Corporate NPS?

    Employees in the organized sector who work for a company registered under the Corporate NPS Model are eligible for Corporate NPS. It is a voluntary contribution plan in which the employer makes periodic payments to the employee's NPS account on their behalf. Employees in both the public and private sectors can join NPS through the corporate method.

    Corporate NPS Benefits:

    The NPS Benefits for employers are as follows:

  • It's a tax-advantaged investment.
  • It offers rewards that are tied to the market.
  • Subscribers have access to their NPS accounts from any location.
  • Account creation is a simple procedure.
  • Who can join Corporate NPS?

    The Corporate National Pension Scheme was introduced for the pension of NPS Employees. It is a voluntary contribution-based plan in which organizations’ workers can contribute to their NPS account (NPS Employer Contribution) for the funds that can be utilized as NPS Employee retirement benefits.

    NPS Corporate Model:

    The corporate NPS model is accessible for the following entities:

  • Entities incorporated under the Companies Act and a variety of Co-operative Acts.
  • Central government and state government enterprises.
  • Registered Partnership Corporation and Limited Liability Partnership (LLP(S)).
  • Anybody formed by an act of Parliament or a state legislature, or by decree of the Central/Stage Government Proprietorship Concern Trust/Society.
  • How to register for Corporate NPS?

    Corporate NPS allows workers working in the organised sector to contribute to their NPS accounts. Individuals can enrol in Corporate NPS using offline or online methods. Subscribers must submit the following papers throughout the registration procedure.

  • Subscriber Registration Form
  • KYC Documents
  • The annual minimum donation is INR 1000. In addition, the employer must contribute at least once each year. If users fail to contribute less than INR 1000 in a fiscal year, their accounts will be suspended, and the CRA's services would be limited.


    1. Is it possible for a subscriber to change his or her PRAN from another sector to the corporate sector?

    The subscriber must submit an ISS-1 form (if switching from a different sector) or a CS-S3 form (if switching from a different corporate) to the current employer to update the PRAN's affiliation with the new corporate.

    2. Is co-contribution from the employer mandatory?

    Equal, unequal and contributions from any one side are three types of contributions from the company and the employee.

    3. Is there a minimum number of workers that must be on board before NPS may be implemented?

    There is no minimum number of employees required to implement NPS.

    4. Will adopting NPS dilute any statutory requirement for the corporate?

    The corporate's statutory requirements will not be lowered by adopting NPS.

    5.Is there a maximum amount that may be invested through the NPS?

    There is currently no restriction on the maximum amount of money that may be invested in NPS.

    6.What is the minimum contribution amount?

    A sum of INR 1000 is the minimum contribution amount.

    7.Can a corporate change the associated POP?

    Yes, the associated POP may be changed by the company.

    8. Can the plan choice chosen by the company on behalf of its workers be modified later?

    Yes, once a financial year, a company can modify its plan selection.

    9. Can a subscriber make a voluntary contribution?

    Yes, the subscriber makes a voluntary contribution through POP.

    10. How can a subscriber under the corporate sector open and contribute to a Tier II account?

    By completing a composite application form, a corporate subscriber can create a Tier II account in addition to a Tier I account (CS-S1).

    11. Who is the Ombudsman under NPS?

    The Pension Fund Regulatory and Development Authority (PFRDA) appoints an Ombudsman. The PFRDA has the authority to designate one or more Ombudsman for various geographical jurisdictions.

    12. What is the role of the Ombudsman?

    The main responsibility of the Ombudsman is to receive, examine and assist in the settlement of complaints or grievances that fall under the purview of the PFRDA Rules, 2015.

    13. What is the total number of Ombudsman appointed and where are they located?

    Currently, the PFRDA has appointed only one Ombudsman. The PFRDA has chosen Shri Vinod Kumar Pande as Ombudsman and is located in New Delhi.

NPS 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

Corporate National Pension Scheme – NPS KFintech (2)

Entities involved and their roles under NPS Contribution

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Corporate National Pension Scheme – NPS KFintech (3)

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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Corporate National Pension Scheme – NPS KFintech (4)

** 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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Corporate National Pension Scheme – NPS KFintech (5)

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

Corporate National Pension Scheme – NPS KFintech (2024)


Is KFintech safe for NPS? ›

KFintech CRA is one of the Premier financial service organisation aims for satisfaction of customers by combining knowledge & technology to provide the best standard of services under NPS.

How can I check my NPS investment amount? ›

To check your NPS balance via SMS, follow these steps:
  1. Send a missed call to 9212993399 from your registered mobile number.
  2. You'll receive an SMS with your account balance details.
Jun 16, 2023

Why is my NPS contribution not reflecting? ›

If it doesn't reflect your transaction, your contribution might not have been successful. Check your account information to see whether any money has been debited. If money is deducted, there could be a banking issue. If the initial contribution in NPS not reflecting, try to contract with your bank branch.

Which NPS scheme is best? ›

10 Best Performing National Pension Schemes in India 2023
Name of the NPS Scheme5-Year Annualised Returns
LIC Pension Fund Scheme E- Tier I10.60%
SBI Pension Fund Scheme A- Tier I8.70%
LIC Pension Fund Scheme G- Tier II9.70%
HDFC Pension Management Company Limited Scheme A- Tier I8.20%
6 more rows
Apr 12, 2023

Is KFintech good for investment? ›

Zee Business Managing Editor Anil Singhvi has recommended subscribing to the public issue for long term. He said that the company is good for investment perspective. He said that once can buy shares even after the listing. Singhvi said that the company so far has received good anchor booking.

Is investing through KFintech safe? ›

KFintech's asset management platforms are the leading investor and Issuer servicing platforms. Our platforms are highly resilient, secure and scalable even as they are built on mobile-first micro services architecture driven and cloud-ready frameworks.

How much pension will I get from NPS? ›

Formula for Calculating NPS Pension Amount
A=P (1+r/n)^nt
AMaturity amount
PPrincipal sum invested
RExpected interest rate (per annum)
N or nNumber of times interest compounds
1 more row

Can I withdraw money from NPS? ›

An investor who has invested in NPS for 3 years, can withdraw a maximum 25% of the total contribution. During the entire tenure an investor may apply three-times for partial NPS premature withdrawal. All partial withdrawals can be done free of cost.

What is the interest rate of NPS? ›

Rate of interest in NPS is market-linked. The past trends have been in the range of 9% to 12% per annum. The current return on the Public Provident Fund is 7.10% per annum.

How many days it will take to reflect NPS contribution? ›

The contributions typically take three working days to reflect in your NPS account. Subscribers will receive SMS and email confirmations of unit credit in their accounts.

How do I know if my NPS account is active? ›

In this blog, we will show you how to check if your NPS account is active.
  1. Step 1: Login to the NPS Trust website. ...
  2. Step 2: Enter your Permanent Retirement Account Number (PRAN) ...
  3. Step 3: Check your account status. ...
  4. Step 4: Check your contribution history. ...
  5. Step 5: Check your account statement.
Feb 12, 2023

How much time does it take to show NPS contribution? ›

Once your PRAN is generated, contributions can be made irrespective of whether the physical copy of the PRAN card is received or not. How much time does it take for contribution to reflect in my NPS account? Your contribution reflects in NPS account within T+2 working days (T = date of successful transaction).

Which NPS gives highest return? ›

Best Performing NPS Tier-I Returns 2023 – Scheme E
Pension Fund ManagersReturns (as of 31st Jan 2023)
ICICI Prudential Pension Fund2.48%9.99%
Kotak Mahindra Pension Fund2.96%10.21%
HDFC Pension Management3.00%10.82%
Aditya Birla Sunlife Pension Management2.83%9.83%
4 more rows

Which bank gives highest interest rate on NPS? ›

Ans: SBI Pension Funds gives the highest interest returns of 9.71% p.a. for a 1-year term under the NPS scheme.

Is NPS Tier 2 better? ›

There are fewer options for withdrawals before maturity in Tier 1 accounts because they are significantly more restricted. Tier 2 subscribers can make an early withdrawal to cover different expenses. Hence, Tier 2 subscribers can better manage all financial needs with the collected funds.

Is KFintech SEBI registered? ›

KFintech receives Sebi approval for Rs 2,400 cr IPO.

Which PFM is best in NPS? ›

Best Pension Fund Manager for NPS in India
  • HDFC Pension Management Co. ...
  • ICICI Prudential Pension Fund Management Co. ...
  • Kotak Mahindra Pension Fund Ltd. ( ...
  • Aditya Birla Sun Life Pension Management Ltd. ( ...
  • Tata Pension Management Ltd. ( ...
  • Max Life Pension Fund Management Ltd. ( ...
  • Axis Pension Fund Management Ltd. (
Dec 19, 2022

Is KFintech and Karvy same? ›

In 2019, GA changed the name of Karvy Fintech to KFintech in an attempt to disassociate from the controversy surrounding its former parent company Karvy, which was involved in Rs 2,300 crore scandal.

Are NPS funds safe? ›

NPS is also a safe investment option. The NPS is regulated by the Pension Fund Regulatory and Development Authority (PFRDA), which ensures that the scheme operates in the best interests of the subscribers.

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