HIRING OF POINT OF PRESENCE (POP) FOR IMPLEMENTATION OF NEW PENSION SCHEME IN BCPL

Amount

Initial Subscriber Registration fee

A flat fee charged by POPs from the investor only at the time of registration. Assuming approx. 100 employees may have Retail NPS account already. The unit of measurement each represents the charges for one new PRAN generation

Conversion charges for existing PRAN

Intersector change / individual to corporate etc. Assuming employees with existing NPS account who will be shifted to Corporate NPS/ One-time Cost. The unit of measurement each represents the charges for one Transaction.

Intial/ Subsequent / Monthly Contribution

Assuming average per month per employee contribution to NPS to be considered by bidders as Rs.10,169.64/-. Considering 700 employees for a period of 02 years the quantity is 700*24*10169.64= 17,08,49,952. Bidders are requested to quote in percentage (%) for this item.

Non Financial Transaction Subsequently

Other transactions includes: Change in Subscriber details/ Investment Scheme/ change in PFM. Any other subscriber services as may be prescribed by PFRDA. Assuming one transaction per employee per year for a period of 02 years, the quantity will be 700*2=1400. The unit of measurement each represents the charge for one transaction.

SBI LEPETKATA BRANCH (BID ID -871079)