National Pension Scheme

A Smarter Way to Plan for Retirement

It is a pension scheme launched by the Government of India. It is regulated by Pension Fund Regulatory & Development Authority (PFRDA)

The National Pension Scheme (NPS) is a government-backed retirement plan. It’s regulated by the PFRDA. Invest in NPS to secure your financial future. The Features of the National Pension Scheme make it a popular choice among individuals seeking a reliable and flexible retirement savings solution.

  • Eligibility :
    • Should be an Indian Citizen (resident or non-resident) or an Overseas Citizen of India (OCI)
    • Should be aged between 18 - 70 years
  • Minimum Investment Amount :
    • Account Opening: ₹500
    • Annual Contribution: ₹1,000
  • Permanent Retirement Account Number (PRAN): unique 12 digit number allotted to each subscriber
  • Two sub accounts are opened:
    • Tier I a/c: Non-withdrawable retirement a/c which is mandatory.
    • Tier II a/c: Voluntary savings facility available as an add-on.
  • NPS a/c can be operated from anywhere in the country irrespective of individual employment & location / geography.