InvestorQ : Where must a subscriber pay the amount to unfreeze his/her NPS account?
Tanya Mehta made post

Where must a subscriber pay the amount to unfreeze his/her NPS account?

Answer
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1 year ago


A subscriber’s NPS account gets frozen if the minimum contribution of Rs 60,000 is not made every financial year.

In order to reactivate the account, an individual must pay the total of minimum contributions for the period the account has remained frozen, the minimum contribution for the year in which the account is reactivated and a penalty of Rs 100.

This amount needs to be paid by the subscriber at his/her Point of Presence (POP).