March 2016

To subscribe to the NPS, subscribers pay service charges to the POP.  This includes an initial subscriber registration charge of […]

Points of Presence or POPs are the interaction points for NPS subscribers. Authorized POP branches or Point of Presence Service

The registration form is available on the POP’s website. It can be downloaded and completed, after which it can be

The individual must submit the completed application form for registration along with KYC documents to a POP to open a

NPS can be opened via authorized centers called POP or Points of Presence. Most banks, private and public sector are

Yes. You can invest in NPS even if you have other pension funds and enhance your retirement income.

Yes. Whether or not you have a PF account, you can invest in NPS.

NPS does not have an upper investment limit.

Contributions to the NPS account can be made between 18 and 60 years of age with an option of continuing

The minimum contribution under Tier I is Rs.6000/- and for Tier II it is Rs.2000/- for each financial year. The

The NPS has two sub-accounts called the Tier I and Tier II. Tier I is compulsory while Tier II is

The NPS is open to all Indian citizens. It offers the flexibility to choose how much you want to save

The following individuals are not eligible for NPS: • Undercharged insolvent who have not been granted an order of discharge

Pension is always paid in the local currency, that is Indian Rupees, at vesting age. However, repartriation of pension is

Yes, NRIs can open an NPS account. Their contributions are governed by the RBI and FEMA and in the event

NPS is open to all resident and non-resident Indian citizen who is in the age group of 18-60 years as

National Pension Scheme or New Pension scheme is a pension plan offered by the government. Investment in this scheme is

Yes, you can decide when you want your pension payments to start. Ensure that you choose your retirement age and

To buy a pension plan, you need proof of age, identity proof, address proof, income proof, the completed proposal form