The NPS Lite was set up by the Government of India. It is a pension scheme for the low income group. There are 76 authorised entities to functions as NPS Lite Aggregators. The names of these aggregators are mentioned below.
A pension scheme for the low income group, NPS Lite was set up by the Government of India to promote the welfare of the economically weaker section. This scheme offers retirement benefits to millions of individuals who are not covered by traditional schemes and plans. High returns and low investment options make it ideal for the hard working individual from the unorganised sector. Subscription to this scheme can be done through a list of aggregators who cater to the exclusive needs of the low income group.
Function of Aggregators
An aggregator is the link between a subscriber and the NPS Lite structure, functioning as the point of contact/interface between these two entities. The primary function of an aggregator is to form the bridge between a subscriber and the scheme, ensuring that all communication is processed and passed on to the relevant authorities.
List of NPS Aggregators
A total of 76 entities* have been authorised to function as aggregators, with the entire list mentioned below.
- A.P Building and other Construction Workers Welfare Board
- Abhipra Capital Ltd
- Adhikar Microfinance Private Limited
- Alankit Assignments Ltd
- Allahabad Bank
- Allahabad U.P Gramin Bank
- Assam Gramin Vikash Bank
- Andhra Bank
- Axis Bank Ltd
- Banaskantha Dist. Co-op Milk Producers Union Limited
- Bandhan Financial Services Pvt Ltd
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Baroda Gujarat Gramin Bank
- Baroda Rajasthan Kshetriya Gramin Bank
- Building and other Construction Workers Welfare Board, Rajasthan
- BWDA Finance Ltd
- Canara Bank
- Cashpor Micro Credit
- Central Bank of India
- Centre for Development Orientation and Training (CDOT)
- Corporation Bank
- CSC E-governance Services India Ltd
- Dena Bank
- Department of Women and Child Development, Government of Karnataka
- ESAF Microfinance and Investments Pvt Ltd
- Grameen Financial Services Pvt Ltd
- Gujarat Infotech Ltd
- IFMR Holdings Pvt Ltd
- IL&FS Securities Services Ltd
- India Infoline Finance Ltd
- Indian Bank
- Indian Overseas Bank
- IDBI Bank Limited
- Indur Intideepam MACS Federation Limited
- Jagaran Microfin Pvt Ltd
- Janlakshmi Financial Services Pvt Ltd
- Jhabua Dhar Kshetriya Gramin Bank
- Jharkhand Building and other Construction workers Welfare Board, Ranchi
- Karnataka State Unorganised Workers Social Security Board, Bangalore
- Karnataka Vikas Gramin Bank
- Krishna Grameen Bank
- LIC Housing Finance Ltd
- LIC of India
- Madhya Bihar Gramin Bank
- Margdarshak Financial Services Ltd
- Nainital-Almora Kshetriya Gramin Bank
- North Malabar Gramin Bank
- Oriental Bank of Commerce
- Pallavan Gramin Bank
- Parvatiya Gramin Bank
- Puduvai Bharathiar Grama Bank
- Punjab and Sind Bank
- Punjab National Bank
- Samhita Community Development Services
- Saptagiri Grameena Bank
- Saptrishi Consultancy Services Ltd
- Sarva Haryana Gramin Bank
- Shree Kshetra Dharmasthala Rural Development Project
- Shri Mahila Sewa Sahakari Bank Ltd
- Society for Elimination of Rural Poverty
- State Bank of Bikaner and Jaipur
- State Bank of Hyderabad
- State Bank of India
- State Bank of Mysore
- State Bank of Patiala
- State Bank of Travancore
- Swayamshree Micro Credit Services
- Syndicate Bank
- The South Indian Bank Ltd
- UCO Bank
- Union Bank of India
- United Bank of India
- UTI Infrastructure Technology and Services Ltd
- Vijaya Bank
*Note – This list is of October 2014 and is subject to change at the discretion of the government.
NPS Contact Number
Individuals who wish to clarify doubts or gain information about the scheme can contact officials on their toll free number, 1800 110 708. They can also contact the CRA call centre on 1800 222 080.
NPS Other Pages
- HDFC National Pension Scheme
- ICICI Bank National Pension System
- NPS Withdrawal Forms
- PFRDA
- POP and CRA Charges under NPS
- Axis Bank National Pension System
- Bank of Baroda National Pension System
- Bank of Maharashtra New Pension Scheme
- Central bank of India New Pension Scheme
- South Indian Bank New Pension Scheme
- Canara Bank New Pension System
- Corporation Bank New Pension Scheme
- Federal Bank New Pension Scheme
- IDBI New Pension Scheme