Master Circulars

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Master Circular on Investment Guidelines for NPS Tier-I & Tier-II {Other than UPS/Central/State Government (default), Corporate CG, NPS Lite, APY}

National Pension System
Reference Number: PFRDA/Master Circular/2025/02/PF-02
Issue Date: 28-03-2025

eAPY – Online facility to ease onboarding and seeding of Aadhaar for APY subscribers

Atal Pension Yojna
Reference Number: PFRDA/MASTERCIRCULAR/2024/02/CRA-02
Issue Date: 31-01-2024

Partial Withdrawal of Accumulated Pension Wealth under the National Pension System (NPS)

National Pension System
Reference Number: PFRDA/MASTERCIRCULAR/2024/01/CRA-01
Issue Date: 12-01-2024

eNPS for Government Sector – A new on-boarding feature to ease the process of subscriber registration

National Pension System
Reference Number: PFRDA/MASTERCIRCULAR/2023/05/CRA-03
Issue Date: 29-12-2023

NPS On-boarding through Online PRAN Generation Module (OPGM)

National Pension System
Reference Number: PFRDA/MASTERCIRCULAR/2023/04/CRA-02
Issue Date: 23-11-2023

Choice of Selection of Central Recordkeeping Agency for the National Pension

Central Recordkeeping Agency
Reference Number: PFRDA/MASTERCIRCULAR/2023/03/CRA-01
Issue Date: 17-11-2023

Guidelines for Operational Activities to be followed by Retirement Advisers

Retirement Advisor
Reference Number: PFRDA/16/12/15/0011/2017-REG-RA
Issue Date: 21-01-2017

Master Circular on Investment Guidelines for UPS/NPS/APY Schemes- Central/ State Government (default), Corporate CG, NPS Lite, Atal Pension Yojana and APY Fund Scheme

Atal Pension Yojna National Pension System Unified Pension Scheme
Reference Number: PFRDA/Master Circular/2025/02/PF-01
Issue Date: 28-03-2025

Master Circular - Service Charges that can be collected by POPs under NPS (All Citizen and Corporate)/NPS - Lite

Point of Presence National Pension System
Reference Number: PFRDA/MasterCircular/2024/05/PoP-03
Issue Date: 31-01-2025

Master Circular-Guidelines on Know Your Customer / Anti-Money Laundering / Combating the Financing of Terrorism (KYC/AML/CFT)

Point of Presence
Reference Number: PFRDA/Master Circular/2024/04/PoP-02
Issue Date: 23-09-2024

Master Circular – Guidance to Retirement Advisers 

Retirement Advisor
Reference Number: PFRDA/Master Circular/2024/06/RA-01
Issue Date: 27-11-2024

Master Circular - Advisories to be followed by Point of Presence (PoPs) under NPS (All Citizen and Corporate) / NPS-Lite / APY

Point of Presence National Pension System
Reference Number: PFRDA/Master Circular/2025/01/PoP-01
Issue Date: 14-01-2025

Master Circular on Investment Guidelines for NPS Tier-I & Tier-II (Other than Central/State Government, Corporate CG, NPS Lite and APY)

National Pension System
Reference Number: PFRDA/MASTERCIRCULAR/2023/02/PF-02
Issue Date: 22-09-2023

Master Circular on Investment Guidelines for NPS/APY Schemes- Central Government, State Government, Corporate CG, NPS Lite, Atal Pension Yojana and APY Fund Scheme

National Pension System
Reference Number: PFRDA/MASTERCIRCULAR/2023/01/PF-01
Issue Date: 18-08-2023