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  5. PFRDA extends NPS contribution cut-off time for same-day investment, check details here

Personal Finance News

PFRDA extends NPS contribution cut-off time for same-day investment, check details here

image Sangeeta Ojha
By Sangeeta Ojha

3 min read | Updated on August 05, 2026, 16:10 IST

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SUMMARY

The extended cut-off time will apply to “all categories of NPS contributions” received through channels including Government Nodal Offices, Points of Presence (PoPs), eNPS, D-Remit, BBPS, UPI, STAR NPS, Tatkal NPS and other channels that may be operationalised from time to time.

PFRDA extends NPS contribution cut-off time for same-day investment,

The circular has been issued under Section 14 of the Pension Fund Regulatory and Development Authority Act, 2013. | Image: Shutterstock.

The Pension Fund Regulatory and Development Authority (PFRDA) has extended the cut-off time for receipt of NPS contributions by the Trustee Bank for “same-day investment” from 11 AM to 1:30 PM on a Business Settlement Day.
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"In this regard, the cut-off time for receipt of NPS contributions by the Trustee Bank for consideration for same-day investment has been extended to 1:30 PM on a Business Settlement Day from the 11 AM cut-off earlier. Accordingly, NPS contributions received by the Trustee Bank up to 1:30 PM on a Business Settlement Day, which are subsequently matched and booked successfully shall be considered for investment on the same day. Units in respect of such contributions shall be allotted based on the applicable closing Net Asset Value (NAV) of the day, in accordance with the extant regulatory framework, PFRDA said in a circular dated August 4, 2026.

Revised timeline applicable across channels

The extended cut-off time will apply to “all categories of NPS contributions” received through channels including Government Nodal Offices, Points of Presence (PoPs), eNPS, D-Remit, BBPS, UPI, STAR NPS, Tatkal NPS and other channels that may be operationalised from time to time.

PFRDA has advised subscribers and intermediaries to “plan and initiate fund transfers sufficiently in advance” to ensure that contributions reach the Trustee Bank “on or before 1:30 PM on a Business Settlement Day”.

The regulator said this would enable eligible contributions to be considered for “same-day investment” and ensure that “the benefit of the extended cut-off is passed on to the subscribers”.

The circular also advised intermediaries to “suitably align their operational and technology processes with the revised cut-off time” and ensure “timely transmission and processing of NPS contributions” for smooth implementation of the same-day investment framework.

S. No.Key UpdateDetails
1NPS same-day investment cut-off time extendedTrustee Bank will consider NPS contributions received up to 1:30 PM on a Business Settlement Day for same-day investment. Earlier, the cut-off time was 11:00 AM.
2Same-day investment eligibilityContributions received up to 1:30 PM and matched and booked successfully will qualify for same-day investment.
3NAV-based unit allocationUnits will be allotted based on the applicable closing Net Asset Value (NAV) of the day.
4Applicable contribution channelsThe revised cut-off applies to contributions received through Government Nodal Offices, PoPs, eNPS, D-Remit, BBPS, UPI, STAR NPS, Tatkal NPS, and other operational channels.
5Advice to subscribers and intermediariesSubscribers and intermediaries should initiate fund transfers well in advance to ensure contributions reach the Trustee Bank by 1:30 PM on a Business Settlement Day.
6Benefit for subscribersThe change is intended to facilitate same-day investment for eligible contributions and pass on the advantage of the extended cut-off time to subscribers.
(Source: PFRDA)

The circular has been issued under Section 14 of the Pension Fund Regulatory and Development Authority Act, 2013.

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About The Author

image Sangeeta Ojha
Sangeeta Ojha is a business and finance journalist with experience across leading media platforms like Mint and India Today. She has built a reputation for covering a wide range of personal finance topics, including income tax, mutual funds, insurance, savings and investing.

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