Terms and Conditions

HDFC Bank only facilitates NPS account opening by subscribers. Participation by customers for registration of National Pension System (NPS) is purely voluntary.
HDFC Bank shall not be liable for any disputes with respect to the services provided by Central Recordkeeping Agencies “NSDL e-Governance Infrastructure Limited” and "K-Fintech" to customer.
While filling details for PAN based registration on HDFC Bank's website, all KYC details must be filled as per Bank records. In case of details in NPS and Bank do not match, the KYC athorization will be declined.
On rejection of KYC authorization, subscriber will have to re-apply with correct details or get form and documents verified by Bank Branch and send to CRAs
If the minimum annual contribution is not done for Tier 1 or Tier 2 accounts, the accounts are can be 'freezed' as per guidelines. Funds cannot be transferred from Tier 1 to Tier 2 accounts.
An incomplete enrolment will be available for completing later basis the acknowledgement ID. However, the ID will be active only for 15 days.
Any Indian Citizen, OCI, NRI between the age of 18 to 70 years can register for NPS account.
You can not have multiple NPS account. If your existing account is not accessible due to any issue, please contact your POP for resolution.

National Pension System Terms and Conditions