PFRDA Registration of Pension Funds Guidelines 2025

Pension Fund Regulatory and Development Authority has released new guidelines for Registration of Pension Funds.

How much application fees is required?

The application must be submitted with a non-refundable application fee of Rs. 10,00,000 (Rupees Ten Lakh only) along with applicable taxes and levies, paid through a demand draft or banker’s cheque drawn in favor of Pension Fund Regulatory and Development Authority payable at New Delhi, or through proof of electronic transfer to the designated bank account of PFRDA.

ELIGIBILITY CRITERIA (PRE-QUALIFICATION)

1. shall have experience of fund management (equity and debt) of at least 05 years
2. shall be an entity engaged in financial business activity and regulated by RBI or SEBI or IRDAI
3. shall have a positive net worth of at least Rs 50 crore for the last 05 preceding financial years and paid-up capital of at least Rs 25 crore on the date of application
4. shall have profits after tax in at least 03 of the preceding 05 financial years with no cash losses during this period of 05 financial years
5. shall have Rs 50,000 Cr of Monthly Average Assets under Management (AAUM), individually or jointly (excluding investment of its own assets, investment advisory services rendered or any other similar activities)

PFRDA Registration of Pension Funds Guidelines PDF 2025