CONSENT FORM FOR CORPORATE NPS

Date:

To,

Corporate Human Resources,

Mumbai.

Sub.: Consent to contribute Employers Contribution to National Pension System (NPS) from monthly salary.

Dear Sir/Madam,

I, Mr/Ms……………………………………………………………………………………………………………………………authorised you to

Contribute……………………% of my basic from my monthly salary towards Employers Contribution to NPS

w.e.f. Month……………………Year…………… and remit the same to my following mentioned NPS Account (PRAN).

I hereby confirm that my PRAN :………………………………………………………………………………. is active and any other

charges applicable to the said NPS transactions will be borne by me.

Thanking you,

Yours faithfully,

Signature of Employee

Name:

Emp. Code:
Disclaimer

“The Company is offering an investment option, to its employees in the National Pension Scheme (NPS) as an Employers
Contribution to NPS, which is purely voluntary. The investment is subject to market risks and the Company does not guarantee
and/or make any commitment whatsoever in respect of the returns on such investment. The exemptions presently applicable under
the Income Tax Act, 1961 in relation to investment in NPS are subject to change in the applicable laws from time to time. As per
proposed union budget 2020 i.e. from April 2020, employee will get maximum deduction u/s 80CCD(2) up to Rs. 7.5 lac in a year
(cumulative of Employers Contribution to EPF and NPS).The employee acknowledges that the decision of investing in NPS (if opted
for) will be purely of the employee and the Company has no liability of whatsoever nature in relation to the investment decision of
the employee. The FAQs and/or any other material should be used for information purpose only. Employees should consult and
seek independent professional advice before taking any investment decision.”

Signature of Employee

Note: Kindly submit consent form along with self-attested PRAN Copy.