How to register for NPS?
The individual must submit the completed application form for registration along with KYC documents to a POP to open a Tier I Permanent Retirement Account […]
Retirement Planning Questions
How to open NPS?
NPS can be opened via authorized centers called POP or Points of Presence. Most banks, private and public sector are POPs along with other financial […]
I have pension funds. Am I eligible for NPS?
Yes. You can invest in NPS even if you have other pension funds and enhance your retirement income.
Can I invest in NPS even though I have a PF account?
Yes. Whether or not you have a PF account, you can invest in NPS.
Is there a maximum investment limit?
NPS does not have an upper investment limit.
Is there an upper age limit to contribute to NPS Tier I account?
Contributions to the NPS account can be made between 18 and 60 years of age with an option of continuing the investment up to 70 […]
How much to contribute to Tier I?
The minimum contribution under Tier I is Rs.6000/- and for Tier II it is Rs.2000/- for each financial year. The first contribution to Tier I […]
What is Tier I and Tier II account?
The NPS has two sub-accounts called the Tier I and Tier II. Tier I is compulsory while Tier II is optional. The Tier-I account is […]
What are the benefits of NPS?
The NPS is open to all Indian citizens. It offers the flexibility to choose how much you want to save every year, making it possible […]
Who is not eligible for NPS?
The following individuals are not eligible for NPS: • Undercharged insolvent who have not been granted an order of discharge by a court • Individuals […]