Date:

To,
HDFC Bank Limited
Mumbai

Subject: Implementation of National Pension System in our organisation

Dear Sir / Madam,

I undersigned state that our organization is introducing Corporate NPS (National Pension
System) for the employees of Dishman Carbogen Amcis Limited on voluntary basis in such a way
that activities like Employee registration, contribution processing and non-financial transaction
processing under Corporate NPS to be made by the Company / Employee of the Company
through HDFC Bank as POP (Point of Presence) with effect from
_______________________________.

Dishman Carbogen Amcis Limited agrees to the following terms and conditions pertaining to
the roles and responsibilities of the (Dishman Carbogen Amcis Limited) and HDFC Bank POP
Roles and responsibilities of Dishman Carbogen Amcis Limited.
The Dishman Carbogen Amcis Limited will:
1. Provide HDFC Bank duly filled NPS Subscriber Registration form / Inter Sector Shifting
form for every eligible employee of (Dishman Carbogen Amcis Limited) with
corresponding KYC documents of Employees. The same is not applicable in case of eNPS
as an employee/ the subscriber register using Aadhaar.
2. Company to validate employee's employment details like Date of Joining, Employee ID
and Date of Retirement on the Subscriber Registration Form / Inter Sector Shifting Form.
Similarly, in case of eNPS, employer need to authorize the Form on the portal.
3. Company to write correct CBO / CHO number of the respective entity on the Subscriber
Registration Form / Inter Sector Shifting Form and authorize it appropriately along with
Company round stamp
4. Provide HDFC Bank Limited Corporate / Employee contribution as per the guidelines in
Annexure I.
 5. Company to have a lock-in for 3 years from the date of registration for POP services with
HDFC Bank.
6. Company to intimate to HDFC Bank for Change of POP at least 3 months in advance.
Roles and responsibilities of HDFC Bank POP
HDFC Bank as POP shall:
1. Assist employees of the (Dishman Carbogen Amcis Limited) with Corporate NPS PRAN
generation / shifting existing PRAN to Corporate PRAN.
2. Email the PRAN numbers generated to the registered email- id of employer of ( Dishman
Carbogen Amcis Limited).
3. Transfer the funds (post deduction of POP Charges), received from ( Dishman Carbogen Amcis
Limited) to the designated account of the Trustee Bank on T+1* day, T being the day on which
credit is received in bank account of HDFC Bank POP NPS Pool Account.
(*subject to all details in files being correct and amount credited tallies with amount in file)
4. Comply with Operating Guidelines, Standard Operating Procedures and such other directions as
may be issued by PFRDA from time to time to carry out its functions as POP

SERVICE CHARGES
HDFC Bank POP shall be entitled to receive / deduct the following service charges along with GST which
are as prescribed by PFRDA and are subject to change by PFRDA from time to time.

Charge Head Charge (exclusive of GST)

Subscriber Registration Charge Rs. 200
Contribution Processing Charge* 0.25%
Non Financial Transaction Processing Charge Rs. 20
* subject to minimum Rs. 20 per account per transaction
Corporate Details:
HDFC Bank POP shall refund unprocessed NPS contribution amount into Corporate’s below account :

Corporate’s A/c Number 560101000092921

Bank Union Bank of India

Branch Mid Corporate Branch, Ashram Road, Ahmedabad

Account Type Current/ Savings/ Other (Pls Specify)

IFS Code UBIN0577898

GST Number 24AADCC1254E1Z9

Regards,

Name of the Authorized Signatory

Designation
 Annexure 1

1. Corporate needs to remit monthly NPS Contribution by NEFT / RTGS to HDFC Bank
Limited.
2. Company needs to fill NPS Contribution Excel file appropriately for Fund Transfer
towards Employee’s NPS account. Format attached in Annexure II.
3. Before sending the funds, please send the Contribution Excel file to
contributions.nps@hdfcbank.com keeping HDFC Bank Corporate Salary RM in loop.
4. Account to which NEFT/ RTGS Fund Transfer to be made:

Beneficiary Name NPS Corporate Contribution Collection A/c

Credit Account Number 50200020250391
Centre (Location) Mumbai
Bank HDFC Bank Ltd
Branch CPU, Chandivali
Account Type Current
IFSC Code HDFC0000240
5. After receiving the Contribution Excel file and funds from the Company, HDFC Bank
Limited will deduct POP charges (account opening / contribution processing) plus
applicable GST and transfer the net amount to Trustee Bank for further processing.
6. Transaction number / UTR generated post fund transfer should be mentioned in the
Remarks column of the Contribution Excel file.
7. In case of any clarification or query, please get in touch with the corporate’s RM.
 Annexure II
1. Format for sending Contribution file to HDFC Bank shall include the CHO/CBO number,
PRAN, subscriber’s name, contribution amount, net contribution after POP charges and
applicable taxes, month of contribution, first / subsequent contribution etc. Please find
attached below format for your ready reference :

2. Please note the following

a. Contribution for current month should be tagged as Regular and for any previous
month, it should be tagged as Arrears
b. NPS contribution needs to be transferred only for those employees whose PRANs
are active and mapped to the Corporate. Corporate can take the list of PRANs
associated with the Company by marking a mail to the RM.
c. In case the Contribution is transferred to HDFC Bank without taking prior
confirmation as stated above and if HDFC Bank finds any PRAN in the list which
is in-active / frozen / not mapped to the Corporate, HDFC Bank will remove that
account from the sheet and process contribution for balance PRANs
d. HDFC Bank will transfer the funds back to (Name of the Company) for
discrepant PRANs
e. (Name of the Company) to communicate the discrepancy to Employee and only
after discrepancy is resolved, Company can send the funds to HDFC Bank for
further processing