Hey,
All pensioners are given pensions under the Central Recordkeeping Agency National Pension System. The amount is decided by the state and central government together. The full form of NPS is the National Pension System. Whereas, CRA stands for Central Recordkeeping Agency. Keep reading to know more.
Get consultations from the legal experts of NoBroker in understanding the eligibility and perks of a pension scheme.
What is NPS CRA?
NPS is a savings retirement scheme wherein citizens can make savings. The CRA system internally protects the interests of NPS subscribers and their assets. There are three Central Record Keeping Agency (CRAs) to manage the National Pension System under the Pension Fund Regulatory and Development Authority (PFRDA).
You can check other details about the NSDL central recordkeeping agency on the website of the National Pension System known as eNPS.
Click here to open ENPS. NSDL.
Under NPS, citizens are allowed to open an individual Pension Account Central for Tier I / Tier I & Tier II.
What is CRA in NPS ?
I have made a table where all the charges, services, mode of deduction are given.
This is all from my end on the Central Recordkeeping Agency National Pension System.
Read more :
What is Family Pension?
What is Invalid Pension?
Who are Eligible for Family Pension?
| Intermediary | Charge head | Service Charges* (excluding taxes) | Mode of Deduction | |
| Private / Govt. | ||||
| CRA | PRA Opening charges | CRA charges for account opening if the subscriber opts for Physical PRAN card | CRA charges for account opening if the subscriber opts for ePRAN card (in Rs.) | Through Unit Deduction |
| (in Rs.) | Welcome kit sent in physical | Welcome kit sent vide email only | ||
| Rs. 40 (also applicable to reissue of PRAN card) | Rs. 35 | Rs. 18 | ||
| Annual PRA Maintenance cost per account | Rs. 69 | Through Unit Deduction | ||
| Charge per transaction | Rs. 3.75 | Through Unit Deduction |
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What is CRA in NPS ?
Sonam
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2022-08-18T20:19:24+00:00 2022-08-18T20:39:44+00:00Comment
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