InvestorQ : Will I be charged for making a nomination in my National Pension Scheme Account? If yes, how much?
divya Sing made post

Will I be charged for making a nomination in my National Pension Scheme Account? If yes, how much?

Answer
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1 year ago


National Pension Scheme allows a subscriber to nominate up to three individuals as nominees when filing out the application form.

No charge is levied to the individual when nominating the nominees. However, if one doesn’t nominate anyone and if the nominees have to be updated later, then that would be considered a service request and you will be charged an amount of Rs. 20/- plus applicable service tax for each request.