How to choose the right retirement plan?
Once you decide on investing in a retirement insurance policy, consider the following: • Whether the plan offers the option of long-term savings • Do […]
Retirement Planning Questions
Who can join Atal Pension Yojana?
Anyone who is in the age group of 18 to 39 years and 364 days is eligible for Atal Pension Yojana. It means if you […]
What is Atal Pension Yojana?
Atal Pension Yojanaor APY, a pension scheme for Indians in the unorganized sector. According to this scheme there is a guaranteed minimum monthly pension of […]
What are employment based pension plans
An employment-based Pension plan is retirement insurance plans or annuity plans where the employee allocates a portion of the current income to retirement income, usually […]
Can I get NPS if I am self-employed?
Yes. All Indian residents in the age group of 18-60 years can invest in the NPS. The scheme is mandatory for government employees and optional […]
What happens if I move residence to another city?
The NPS is portable. Subscribers can keep the same PRAN regardless of whether they move residence or location. The same PRAN is valid across India […]
Does the NPS send a monthly statement?
Yes. NPS sends a physical annual statement with details of unit holdings via the CRA within 3 months of the closing of each financial year.
What will be my rate of return for my contribution?
The pension fund manager invests your savings in a scheme chosen by you. Investment allocations directly impact the growth of your pension fund. The rate […]
Will the government contribute to my NPS account?
No. The Government will not contribute to your NPS account. However, if you have opted for the Swavalamban scheme, government contributions may be applicable subject […]
Whom to contact if I have a grievance about my NPS?
A grievance about your NPS account can be registered via the Call Center or IVRS at a toll free phone number using T-PIN. There are […]