PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
PFRDA/2013/12 /CRTB/2
31st May, 2013
ToAll Central Government Ministries & State Governments All PrAOs / PAOs / DTAs / DTOs
All POPs / POP-SPs / Aggregators / Corporates All PFMs / ASPs
Dear Sir / Madam,
Subject: NPS Trust account numbers & contact details of New Trustee Bank
1, From '1st July, 2013' onwards, all NPS contributions are to be remitted to the designated accounts of Axis Bank. The overall procedure for remittance of funds to the Trustee Bank, the matching & booking of Subscriber Contribution Files (SCF) and the receipt of funds returned from Trustee Bank shall remain unchanged. While remitting the funds electronically to Axis Bank, the accredited banks shall still be required to mention the 26 character string 'PAOFIN <7 digit PAO registration number> <13 digit transaction id>s in the 7002 field for NEFT and 7495 field for RTGS as per the current process. The RTGS remittances should be through R-41 RTGS format only.