Notices and Events

Approval of the proposal for inclusion of Overseas Citizens of India (OCIs)

March 22, 2019

Important Notice:

This is to inform that the proposal for inclusion of Overseas Citizens of India (OCIs) as an eligible category of individuals who can subscribe to NPS in parity with NRIs, has been approved by the Board of PFRDA in its 77th meeting held on 19.02.2019. The said approval has been communicated by PFRDA to RBI with request to suitably amend/notify FEMA 20(R), as advised by RBI vide its letter dated 17th January 2019. A copy of PFRDA’s letter No. PFRDA/10/01/1/0010/2018- PDES dated 12.03.2019, addressed to RBI.

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