NPS with K-Fintech for Employer Contribution.

295°
Benevolent
akki.akki

Hi Dimers

I was thinking to enable my employer contribution towards NPS but my employer is only accepting NPS with KFintech CRA. But I am having existing NPS account with NSDL CRA.

So can you guys tell me your experience with KFintech NPS ?

Also what is the process of transferring NPS CRA from NSDL to KFintech ?

Tagging some fin experts :
@guest_999 @decideaim @bohemian @abhishek012

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31 Comments  |  
14 Dimers
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Deal Newbie Deal Newbie
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Did u call Nps helpdesk?

Benevolent Benevolent
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no.

Deal Cadet Deal Cadet
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You need to fill up the NPS porting form from your employer and submit it. This will automatically move your NPS account to KFintech as it is the one chosen by your employer.

No major differences on KFintech CRA. All of them have same regulations.

Benevolent Benevolent
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Are you using KFintech nps ?

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Deal Cadet Deal Cadet
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Karvy ko pehle barbaad kar diya sebi aur Godi ji ne

Talk-Of-The-Town Talk-Of-The-Town
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NSDL is best….

Benevolent Benevolent
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It seems to be best but. I don’t have any option as company has tied up with Kfintech only.

Deal Captain Deal Captain
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Motivate your company to move it’s CRA, that way you need not move away from your CRA wink

Finance Mentor Finance Mentor
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Corporate NPS is not possible via NSDL directly, only through PoP

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Deal Cadet Deal Cadet
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employeer nps is waste of money

Benevolent Benevolent
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Why waste ? Any specific reason

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Finance Mentor Finance Mentor
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Going ahead, we might see new accounts under EPF/PPF and VPF being done away with and only NPS being there & finally getting the EEE status. 

Deal Cadet Deal Cadet
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Kfintech has lower charges than NSDL

Generous Generous
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Charges for?

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Deal Cadet Deal Cadet
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Do we have to open separate account for voluntary NPS contribution or ask employer to directly cut from salary and put it in default NPS account which employer has opened while joining.

Which is better approach ?

 

Benevolent Benevolent
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Only you can contribute to voluntary NPS. And in the same account only

Deal Cadet Deal Cadet
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My brother joined NSDL eNPS in December with 500 starting investment and also took home delivery of PRAN Card, he was charged Rs52 in Jan for previous quarter.


Can anyone tell me how much charge is deducted in NSDL quartely? And can he not ask his company to deduct his salary towards that eNPS account?

replyuser
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