scorecardresearchBank of India with PFRDA launches platform for opening NPS account via mobile phone

Bank of India with PFRDA launches platform for opening NPS account via mobile phone

Updated: 16 Jul 2022, 07:57 AM IST
TL;DR.
The Pension Fund Regulatory and Development Authority (PFRDA) and Bank of India launched the digital platform for NPS enrolment in association with K-fintech.
The sponsors must have a net worth of at least  <span class='webrupee'>₹</span>50 crore before they make applications to the PFRDA.

The sponsors must have a net worth of at least 50 crore before they make applications to the PFRDA.