1- Register to FundsIndia with Your Name, Mobile No., email ID
2- Log on to FundsIndia.
3- Select ‘NPS’ option. Enter all the details (Personal Information, Nomination Details, Scheme Preference etc; simmilar to ICICI Direct-NPS Account)
4- Now download, print and sign the application form
Please send the signed application form with these documents, to FundsIndia or drop it off in one of FundsIndia – ISSL drop-off centers.
1- Two copies of pan card – both self-attested
2- Two copies of address proof – both self-attested
3- The cheque for the opening investment written in the name of “ISSL collection account – NPS Trust”
4- An additional cancelled cheque if opening a Tier-II account
You will be provided PRAN allotment letter by CRA.
A detailed process flow chart of Opening of FundsIndia-NPS Account –
Is there any difference in charges?
Yes, as ICICIdirect is a designated PoP; it does not charge any additional fee when maintaining the NPS account; however, with FundsIndia one pays a service charge of Rs 4 for every transaction through them.