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plan your retirement
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Save taxes
Save upto ₹15,480 in taxes under
section 80CCD of the Income Tax Act.
Regular Income
Build a retirement corpus of ₹1.5 cr in 30 years with an investment as low as ₹50,000 a year.
Take control of
NPS investments
Take charge of asset allocation for your NPS by choosing
Active mode or choose auto mode if you are a passive
investor
Frequently Asked Questions
National Pension System (NPS) is an investment-cum-pension scheme to provide old age
pension to Indian citizens. The NPS was rolled out on May 01, 2009 by Government of
India. The Scheme is regulated by Pension Fund Regulatory and Development Authority
(PFRDA).
The scheme is based on a unique Permanent Retirement Account Number (PRAN), which is
allotted to each Subscriber upon joining. Subscriber contributes towards NPS and on
retirement or exit from the scheme, the corpus is made available to her with the mandate
that some portion of the corpus must be invested into Annuity (to provide a monthly
pension, post retirement or exit from the scheme).
There is no restriction in terms of frequency of contribution. The subscriber has the
option to make the contribution in any mode – monthly, quarterly, half-yearly or yearly.
Subscriber can make ad – hoc contributions as well.
Yes, NPS offers this flexibility. Subscribers are allowed to alter the contribution
amount as per the suitability.
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