SBI Nps Pop-Sp

Hey I have an account in the SBI and want to know that how the pop-sp related to the National Pension System (NPS) so can you please tell me some details for the same

[Rajkumar Agarwal]

Well the Government of India had roll out the NPS for all citizens of India from 1st May, 2009.

The opening Permanent Retirement Account contributing to NPS will be required to be provided to all the citizens at various locations across India.

It is carried out through the process known as Points of Presence (POPs) appointed by the PFRDA.

POPs will get the services under NPS through their network of branches called POP Service Providers (POP-SP).

SBI pension Fund Scheme

SBIPFPL is one of the 3 Pension Fund Managers appointed by Pension Fund Regulatory and Development Authority (PFRDA) in India

It is to work and sustai the pension of employees under the National Pension System for Government Employees.

SBIPFPL has also been appointed as Pension Fund Manager along with 6 others to manage the pension corpus under the Citizens Pension Scheme.

SBI Pension Funds Pvt. Ltd., as a subsidiary of SBI.

It gets all the strengths of SBI. Depositors have trusted SBI with their funds for over 200 years.

SBI have always lived up to this 'Trust'. Have always provided 'Highest Safety' for depositors' funds