NATIONAL PENSION SCHEME

National Pension System (NPS) is a voluntary, defined contribution scheme that is introduced by the Government of India, with the objective of extending the old age financial security to all the citizens who opt for this scheme. Subscribers enjoy reasonable market-linked returns under NPS over the long run.

Under the NPS, individuals can accumulate a pension corpus during their work life to meet their post-retirement financial needs. These contributions would grow and accumulate over the years, depending on the returns earned on the investment made.

Under NPS following two types of accounts are available:

Tier I account is mandatory for the subscribers, however, he/she has the option to opt for Tier II account.

CLICK HERE TO OPEN YOUR NPS ACCOUNT

TIER-I