PFRDA issued a circular regarding extension of the ₹100 enrolment incentive to NPS Sanchay accounts facilitated through eligible Pension Agents

Oct 12, 2026 | by TeamLease RegTech Legal Research Team

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Labour ComplianceThe Pension Fund Regulatory and Development Authority (PFRDA) on October 08, 2026, issued a circular regarding extension of the ₹100 enrolment incentive to NPS Sanchay accounts facilitated through eligible Pension Agents.

The following has been stated: -

•The Pension Fund Regulatory and Development Authority (PFRDA) clarified that the ₹100 per subscriber incentive payable to Points of Presence (PoPs) for enrolments facilitated through Farmer Producer Organizations (FPOs) shall apply to the opening of NPS Sanchay accounts. 

•The incentive is also available for eligible enrolments facilitated through CSC Village Level Entrepreneurs (CSC-VLEs), Business Correspondents (BCs)/Pension Sakhis, and Primary Agricultural Credit Societies (PACS), subject to prescribed eligibility conditions. 

•The initial contribution and minimum annual contribution requirements remain unchanged. 

•The incentive framework shall remain valid until March 31, 2027. The circular has been issued under Section 14 of the Pension Fund Regulatory and Development Authority Act, 2013.

[Circular No.: PFRDA/2026/51/NPS-AGRI/03]


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