Alankit Group to provide services under New Pension System as POP

Alankit Assignments Limited (Alankit) registered with Pension Fund Regulatory Development Authority (PFRDA), is happy to announce new activity of Point of Presence (POP) to provide services to the subscribers of New Pension System (NPS) launched by PFRDA.

The New Pension System reflects Government’s effort to find sustainable solutions to the problem of providing adequate retirement income. NPS, being the lowest cost option amongst all Pension Schemes available in the market, offers the following salient features:

• Open to all citizens aged between 18-60 years
• Pension available from the age of 60 years 
• Attractive investment schemes to choose
• Professional record-keeping and fund management
• Transparent fee based system
• Withdrawal facility under Tier II account
• No entry and exit loads

Alankit, as POP shall be the first point of interaction between the subscriber and the NPS architecture and shall perform the functions relating to registration of subscribers, undertaking Know Your Customer (KYC) verification, receiving contributions and instructions from subscribers and transmission of the same to designated NPS intermediaries.

Alankit shall provide POP services through its existing network of 977+ Branches who will also be acting as Point of Presence - Service Providers (POP-SPs). Such POP- SPs shall provide services like Subscribers’ Registration, receive regular contributions, modifications in address, nominations, bank details, grievance handling and MIS Uploading, etc.

Alankit is already providing to its millions of customers services like online trading in Equity, Future & Option segments, Commodities, Currency Derivatives, Interest Rate Futures, Portfolio Management, Depository Participant, Registrar & Share Transfer Agent, TIN Facilitation Centre, NSR Registration, CRA-FC, e-Return Intermediary, Pharmaceutical Retail, Third Party Administrator (TPA) & BPO.

The release, being of PUBLIC INTEREST, requires sympathetic favour for wide coverage in your Paper / Media.

Issued by Rishi K Chopra, Vice President (Corp Comm.), Alankit Assignments Ltd, 2E/21, Jhandewalan Extn, New Delhi – 110055. Mobile : 09910893080 

Brief about Alankit Group
Alankit Group is a conglomerate of 12 Group companies with a Motto “Health & Wealth – We Manage Both”. Group activities are diversified into Financial Services, Wealth Management, e-Governance, HealthCare, Insurance, BPO and Value added services. Alankit Assignments Ltd., the flagship company was incorporated in 1991 by a talented visionary entrepreneur, Mr Alok Kumar Agarwal made unhindered steady progress since then.

The Group has its headquarter in Delhi with 18 Regional Offices in Mumbai, Kolkata, Chennai, Ahmedabad, Bengaluru, Hyderabad, Lucknow, Jaipur, Indore, Chandigarh, Pune, Bareilly, Cochin, Amritsar, Ludhiana, Ranchi, Bhubaneswar and Guwahati.

Alankit is a professionally managed Group, led by a team of level headed personnel with outstanding managerial acumen. We are determined to provide the best and state-of-art investment products & services to our esteemed clients, appreciating their increasing needs & demands.

Alankit is already providing to its millions of customers services like offline & online trading in Equity, Future & Option segments, Commodities, Currency Derivatives, Debt Market, Interest Rate Futures, Portfolio Management, Depository Participant, Registrar & Share Transfer Agent, TIN Facilitation Centre, NSR Registration, CRA-FC, Pharmaceutical Retail, Third Party Administrator (TPA) & BPO.  The Group also deals in 3rd party financial products like Mutual Funds, Insurance products, and Institutional Broking besides providing an expert guidance for the same.

The Group has expanded its footprint in global arena with its overseas offices in London, Singapore, Dubai, and Muscat. With a consistent expansion of Alankit’s business, the Group has evolved from largely Financial & Share Broking Company into a diversified Business House.

Keeping in view the performance of Alankit Assignments Ltd, leading international agency on business information & risk assessment, “Dun & Bradstreet” has featured the Company as India’s Leading Equity Broking house in 2008 & 2009 in a row.