Tariff for NADL Account Aggregator Services
I. Transaction-based model for Financial Information Users (FIUs)
Fees – Rs 5 per transaction (excluding taxes)
II. Bulk Model for FIUs
Fees
FIU Type | Annual fee chargeable upfront for 12 months Amt. in Rs. (excluding taxes) |
Shareholding Institutions (of NeSL) |
10,00,000 |
Other Entities | 15,00,000 |
Notes on Tariff & Billing
- Transaction refers to ‘a delivered financial information report’.
- Billing and service period would be for a minimum 12-month period, contracted in advance
Tariff Structure includes the following
- Onboarding of customers
- Account Discovery and Linking
- Consent registrations
- Data Requests
Tariff Structure excludes the following:
- Any cost of the middleware and related customization at the FIU/FIP end required to connect with the NADL Account Aggregator (AA) or other AA platforms.
- Any Convenience Fee / Charges that may be levied by payment gateway if their services are availed.
Direct Customers
- Fee structure would be published on launch of service for Direct Customers