PFRDA Circular on NPS trust account numbers and contact details of new trustee bank

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

PFRDA/2013/12/CRTB/2

31st May, 2013

To

All 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="" number="" pao="" registration=""> <13 digit="" id="" transaction=""> 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.

2. Please note the changes as mentioned below :-

a) Indian Financial System Code (IFSC) for NPS remittance :- UTIBONPS001.

b) New Account Numbers :- 7 digit unique registration number alloted by CRA (NSDL) would be the designated account number for the respective remitting office.

3. The contact details of NPS Team at Axis Bank :-

First level of contact :

S.No.	Contact Person	Designation	Phone No.
1.	Mr.Abhishek Gautham	Senior Manager	022 24253678
2.	Mr.Dakshesh Barbhaya	Senior Manager	022 24253639
3.	Mr.Yash Mayekar	Senior Manager	022 24253628

Second level of contact : 

S.No.	Contact Person	Designation	Phone No.
1.	Mr.Debraj Saha	Assistant Vice President	011 43506532
2.	Mr.Piyush K Singh	Deputy Vice President	022 24253680

Email id: npstrust@axisbank.com

Address : Corporate Office, 6th Floor, Business Banking Dept., Wadia International Centre, P.B. Marg, Worli, Mumbai - 400025.

4. The Offices are requested to take note of the same.

Yours faithfully,

sd/-

(Subroto Das)

Chief General Manager