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List of ASP enrolled under NPS

Home  NPS Architecture  Annuity Service Providers  List of ASP enrolled under NPS

List of Annuity Service Providers Enrolled under NPS

Name of Contact
S.no Address Email id Conta
ASPs person

1 Life Mr. Biswajit LIC of India, online_dm[at]licindia[dot]com 02

Insurance Das, Dy. Central Office,
2613
TOP
Secretary Distance 02
 Corporation (Direct Marketing 6781
of India Marketing) & Centre, New 02
Mr Avinash India Building, 26117
Raulwar, Ground floor, 02
Admn. Santa Cruz (W) 6781
Officer Mumbai
(Direct 400054
Marketing)

2 HDFC Customer HDFC Life, 13th npsannuity[at]hdfclife[dot]com 02

Standard Service Floor, Lodha 4166
Life Helpline Excelus, Apollo
Insurance Mill
Co. Ltd Compounds, N
M Joshi Marg,
Mahalakshmi,
Mumbai -
400011.

3 ICICI Mr. Vishal ICICI Prudential npsannuity[at]iciciprulife[dot]com 022

Prudential Pradhan, Life Insurance mohit[at]iciciprulife[dot]com 62955
Life Mr. Mohit Company, ICICI abhimanyu[dot]patil[at]iciciprulife[dot]com
Insurance Vats, Prulife Towers, paawan[dot]dayaramani[at]iciciprulife[dot]com +91
Co. Ltd. Mr. 1089 mukesh[dot]kr[at]iciciprulife[dot]com 991064
Abhimanyu Appasaheb +91
Patil, Marathe Marg, 78755
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Mr. Paawan Prabhadevi, +91
Dayaramani, 88278
 Mr. Mukesh Mumbai- +91
Kumar. 400025 99990

4 SBI Life SBI Life online[dot]cell[at]sbilife[dot]co[dot]in 022

Insurance Insurance Co npsannuity[at]sbilife[dot]co[dot]in 66456
Co. Ltd. Ltd, New 66456
Business 66456
Department, 66456
Central
Processing
Centre,
Seawoods
Grand Central,
Tower 2, 8th
level, Plot No. R-
1, Sector-40,
Seawoods,Nerul
Node, Navi
Mumbai -
400706.

5 Star Union Ms. Star Union Dai- gopal[dot]krishnan[at]sudlife[dot]in 022

Dai-ichi Life Debasmita ichi Life Ins. Co customercare[at]sudlife[dot]in 39546
Insurance Guru, Ltd, Raghuleela
Co. Ltd. Manager & Arcade, 11th  TOP
Ms. Shabana Floor, IT Park,
Shaikh, Sector 30A,
 Senior Vashi, Navi
Manager Mumbai -
400703,

6 Bajaj Allianz Mr. Anil Bajaj Allianz Anil[dot]Verma[at]bajajallianz[dot]co[dot]in 02

Life Verma House, Airport 6602
Insurance Road, Yerwada,
Company Pune,
Limited Maharashtra -
411 006

7 Edelweiss Mr. Benu 3rd & 4th floor, Benu.singhal[at]edelweisstokio[dot]in +9

Tokio Life Singhal Tower 3, Wing B, 95840
Insurance Kohinoor City
Company Mall, Kohinoor
Limited City, Kirol Road,
Kurla (W),
Mumbai - 400
070

8 India First Mr. Pankaj 301, B Wing, The pankaj[dot]rathour[at]indiafirstlife[dot]com 02

Life Rathour Qube, Infinity 6857
Insurance Park, Dindoshi -
Company Film City Road,  TOP
Limited Malad (East),
 Mumbai - 400
097

9 Canara Mr. Harpreet 2nd floor, harpreet[dot]singh2[at]canarahsbclife[dot]in +

HSBC Singh Orchid Business -7307
Oriental Park, Sector -
Bank of 48, Sohna
Commerce Road,
Life Gurugram-
Insurance 122018
Company
Limted

10 Kotak Mr. Deepak 7th floor, Kotak kli[dot]nps[at]kotak[dot]com 02

Mahindra Gupta Infiniti, Building trupti[dot]boraste[at]kotak[dot]com 6605
Life Ms. Trupti Number 21, gupta.deepak@kotak.com 02
Insurance Boraste Infinity Park, Off 6605
Company W.E. Highway,
Limited General A K
Vaidya Marg,
Malad (E),
Mumbai - 400
097

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11 Max Life Mr. Karan 3rd, 11th, 12th Nodal[dot]Officer[at]maxlifeinsurance[dot]com 1860
Insurance Mehra Floor DLF 5577
Co. ltd. Square
Building,
Jacaranda
Marg, DLF
Phase - 2,
Gurgaon,
Haryana 122002

12 Tata AIA Life Mr. Adil 14th Floor, Adilhusain[dot]Siddiqui[at]tataaia[dot]com +9

Insurance Husain Tower A, 84460
Company Siddiqui Peninsula
Limited Business Park,
Senapati Bapat
Marg, Lower
Parel, Mumbai
400013.

13 PNB MetLife Mr. Unit No. 701, 702 india_nps[dot]annuity[at]pnbmetlife[dot]com 02

India Krishnendu and 703, 7th 4179
Insurance Bhunia floor, West
Co. Ltd Wing, Raheja
Towers, 26/27 M
G Road,
Bangalore  TOP
 -560001,
Karnataka

14 Shriram Life Plot no 31 & 32, 1800

Insurance 5th & 6th Floor, 61
Company Ramky
Limited Selenium,
Besides Andhra
Bank Training
Center,
Financial
District,
Gachibowli,
Hyderabad -
500032

15 Aditya Birla Mr. Gaurav 16th Floor, One gaurav[dot]shah[at]adityabirlacapital[dot]com 022 –

Sun Life Shah World Centre 10
Insurance Tower 1, Jupiter 1800
Company Mill Compound, 70
Limited 841 Senapati
Bapat Marg,
Elphinstone
Road, Mumbai
– 400 013
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As a subscriber, you must purchase an annuity product from the aforementioned list of empanelled ASPs at the time of
superannuation or premature exit. You must select your ASP the moment you make a withdrawal request.

Types of Annuity Investment Plans

It is important to note that the annuity amount is dependent upon the amount of annuity purchased and the duration of
the annuity that you have opted for. It will be paid monthly/quarterly/half yearly/ annually

There are 5 types of annuity investment plans to choose from -

1. Annuity for life: annuity or pension payable to you at a consistent rate. On death of the Annuitant, policy shall terminate
and no further benefits would be payable.
2. payable for Life with 100% annuity payable to spouse on death of annuitant: annuity or pension payable to the
subscriber and then to their spouse after their demise. On death of the last survivor, the annuity payments will cease and
no further amount will be payable.
3. Annuity for life with return of purchase price on death: This option pays annuity for life. On death of the Annuitant, the
Purchase Price is paid out to the nominee and thereafter the policy shall terminate and no further benefits would be
payable
4. Annuity payable for Life with 100% annuity payable to spouse on death of annuitant with RoP of annuity : The annuity
payable as long as at least one of the two annuitants is alive. On the death of the primary annuitant, secondary
annuitant will receive 100% of original annuity throughout life. On death of the last survivor, 100% of the purchase price is
returned to the nominee.
5. NPS Family Income: Annuity payments would be made to the annuitant and his/ her spouse throughout their lifetime.
On death of annuitant and spouse, the annuity would be paid to the subscriber's mother and after her, to the father. On
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death of the last survivor, the purchase price would be refunded to the annuitant's child/ nominee.
Each ASP has predefined minimum age criteria by when they start providing annuity to you. Once the entire procedure of
the withdrawal request is executed and processed, the ASP will start issuing the periodical annuity.

View Exit and Withdrawals under the NPS Regulations

FAQs

How to find the annuity rate in NPS?

What happens if I decide to close the NPS account before 60 years or superannuation?

Is the annuity paid yearly or semi-annually?

Can I invest 100% money in an annuity under the NPS scheme?

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Last Updated : 10 January 2024 Visitors : 0008227805

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