New Delhi, Aug. 31 -- National Pension System (NPS) subscribers will see a revised Point of Presence (PoP) charge structure from 1 October 2026, with the Pension Fund Regulatory and Development Authority (PFRDA) bringing all schemes under NPS and NPS Lite within a standardised framework.

In a circular dated 28 August 2026, PFRDA prescribed a one-time onboarding charge of Rs.200 for each Permanent Retirement Account Number (PRAN) opened through a PoP. Subscribers will also face an annual charge of 0.20% of assets under management (AUM), except where an account is classified as dormant.

The latest framework replaces PFRDA's earlier March 2026 circular from 1 October.

The Rs.200 onboarding charge will not be taken from a subscriber's acco...