#1
February 7th, 2017, 10:32 AM
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Nps sbi
Hii sir, I Wants to get the Information About the National Pension Scheme of the State bank of India ?
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#2
February 7th, 2017, 11:00 AM
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Re: Nps sbi
As you Asking for the Information About the National Pension Scheme of the State bank of India the information is given below National Pension Scheme for every Indian citizen was introduced from May 1, 2009 by the Pension Fund Regulatory and Development Authority as an initiative to provide the elder with old age pension security who are between the age group of 18 to 60 years. Eligibility Criteria To open this account, the individual should be between the age of 18 to 60 years. Based on the KYC norms the following documentation are required: Photo Id proof Date of birth proof Address proof Application form In case of Tier I: Minimum contribution for account opening is Rs.500 Minimum amount payable for every contribution is Rs. 500 Minimum Required Account Balance at the end of every financial year is Rs. 6,000 Minimum number of contributions per annum should be at least once. In case of Tier II: Minimum contribution for account opening is Rs.1,000 Minimum amount payable for every contribution is Rs. 250 Minimum Required Account Balance at the end of every financial year is Rs. 2,000 Minimum number of contributions per annum should be at least once. Charges Levied for SBI National Pension Scheme Initial Subscriber Registration Charges per person: Rs. 100 Initial Contribution amount for every individual per subscriber where an ad valorem of 0.25% of the initial contribution amount needs to be paid. The minimum contribution should be Rs. 20 and the maximum can be up to Rs. 25,000. Subsequent Contribution for Transaction Charges for every subscriber where an ad valorem of 0.25% of the initial contribution amount needs to be paid. The minimum contribution should be Rs. 20 and the maximum can be up to Rs.25,000. For other transactions that are not for subscribers is Rs. 20. For more information you may Visit the nearest branch of the State bank of India |
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