Lakshmi-Vilas-Bank Personal-NRI Premium-Banking

NPS account - POP Shift

Dear Customer,

Thank you for choosing to bank with Lakshmi Vilas Bank (LVB) (now a part of DBS Bank India Limited).

We cherish your association with us.

This is with reference to your National Pension Scheme (NPS) account, being serviced through LVB.

As you are aware that LVB has amalgamated with DBS Bank India Limited (DBIL), we would like to inform you that we are now in the process of integrating our systems. Under this process, it has been decided to close the National Pension System (NPS) LVB Point of Presence (PoP) business with effect from 30th June 2021.

To ensure that you are not inconvenienced by this decision, we would like to introduce Aditya Birla Sun Life Pension Management Limited (ABSLPML), as the alternate Point of Presence (PoP) for you to continue with your NPS account. ABSLPML is registered with the Pension Fund Regulatory and Development Authority ("PFRDA") to act as a Point of Presence (PoP) for National Pension System (NPS).

The process to shift your NPS account from the registered PoP (LVB) to ABSLPML can be completed in 3 easy steps, so that you can effectively continue operating and managing your existing NPS account. Please find the steps to complete the process to change PoP for existing NPS account-

1 . Fill in the attached PoP shifting form -

a. Subscriber Name

b. Existing NPS account PRAN details

c. Existing PoP name- Lakshmi Vilas Bank

d. Target PoP name- Aditya Birla sun Life Pension Management Ltd

e. Target PoP reg. No- 500940

f. Date & Signature

 

2. Make a payment of INR 23.60/-, towards PoP shifting charges. The bank details are as mentioned below:

PoP Aditya Birla Sunlife Pension Management Ltd Collection A/c NPS Trust

Axis Bank Ltd., Vartaknagar, Thane - 400606

Account No: 919020027838010

IFSC Code: UTIB0002168

MICR No: 400211131

 

3. Share the completed form & payment confirmation along with the PRAN copy at care.pensionfunds@adityabirlacapital.com
 

Should you have any query or need assistance in completing the form, please connect with the ABSLPML team at  care.pensionfunds@adityabirlacapital.com

We sincerely regret any inconvenience caused and would like to inform you thatif you wish to choose a different PoP, you can simply mention the relevant PoP details, in the attached form.
 

Assuring you of our best services always.

 

 

Regards,

 

Team LVB

 

(Now a part of DBS Bank India Limited)

 

 

NPS PoP Change request form- Click here