NPS Service Providers in India

Search POP Centers at Nearest Bank Branch
(Select POP Name, State Name and then City Name to get Center Details)

The Government of India offers National Pension System (NPS) to all citizens of India through which they can invest and earn a regular pension after their retirement. Now there have to be some facilitators who offer them services to open their NPS accounts and various other services such as like contributing to NPS, opening of Tier II account, etc. at various locations across India.

Therefore, it has been decided to carry out such services through the entities known as Points of Presence (POPs). POPs are appointed by the regulator PFRDA. Further, these POPs provide NPS related services through their branch network across India which are called POP Service Providers (POP-SP).

Find below the details of POP/ POP-SP locations so that one can search for nearby POP/ POP-SP for his/her NPS related matters:

NPS Centers in India

POP-SP NameCityState

Pension Fund Managers (PFM)

PFRDA appoints various Pension Funds (PFs) to would manage your retirement savings under the NPS. SBI Pension Funds Private Limited acts as the default Pension Fund Manager. There are 8 PFMs as listed below:

  1. ICICI Prudential Pension Fund
  2. LIC Pension Fund
  3. Kotak Mahindra Pension Fund
  4. Reliance Capital Pension Fund
  5. SBI Pension Fund
  6. UTI Retirement Solutions Pension Fund LIC Pension Fund
  7. HDFC Pension Management Company
  8. DSP Blackrock Pension Fund Managers

Annuity Service Providers (ASP)

When you exit from NPS after retirement, some portion (At least 40%) of your NPS corpus has been given to ASP to deliver a regular monthly pension to you as pension. The default annuity service provider is Life Insurance Corporation of India (LIC). Currently, there are 7 ASPs as detailed below:

  1. Life Insurance Corporation of India
  2. SBI Life Insurance Co. Ltd.
  3. ICICI Prudential Life Insurance Co. Ltd.
  4. Star Union Dai-ichi Life Insurance Co. Ltd.
  5. HDFC Standard Life Insurance Co. Ltd

Trustee Bank

Axis Bank has been appointed as the Trustee Bank for NPS. The main job of trustee bank is to facilitate fund transfers across various entities of the NPS system viz. Subscribers, PFMs, ASPs, etc.

Central Recordkeeping Agency (CRA)

NSDL e-Governance Infrastructure Limited is the CRA of NPS. The recordkeeping, administration and customer service functions for all subscribers of the NPS are being handled by NSDL.

NPS Subscribers

The persons who open their NPS account and contribute money are known as subscribers of NPS.

Points of Presence (POPs)

POPs are the first points of interaction of the NPS subscriber with the NPS architecture. The authorized branches of a POP are called Point of Presence Service Providers (POP-SPs). POP-SPs act as collection points and offer various facilities such as opening Permanent Retirement Account, contributing to NPS, etc. to the NPS subscribers.