Secure & Flexible
Invest safely through PFRDA appointed POP (Point of Presence). Enjoy flexibility to choose & switch funds.
Exclusive Tax Benefits
Get exclusive tax deduction on taxable income up to Rs. 50,000 under section 80 CCD (1B) & up to 1,50,000 under Sec 80 CCE.
Guaranteed Pension
At 60 years of age, minimum 40% of corpus is transferred for pension, assuring guaranteed income during retirement.
Feature & Benefits of NPS
Quick Account Opening
Open NPS Account digitally in less than 20 minutes
Flexibility
Start with just ₹ 1000 per annum through Lumpsum or SIP
Portability
Seamlessly transfer pension account across jobs and location
Low Cost
Lowest entry & exit load on market linked investment.
Good Returns
Higher returns than traditional retirement schemes via professionally managed funds constituting debt & equity.
Power of Compounding
Make most of market linked investments in the long term.
NPS Calculator
Additional Tax Benefits
For Salaried Individuals
| Category | Section | Investment Limit |
|---|---|---|
| Own Contribution | 80 CCD (1) | 10% of Salary (upto 1.5 lakh)* |
| Additional Contribution | 80 CCD (1B) | ₹50,000 |
| Employer Contribution | 80 CCD(2) | 10% of Salary (upto 7.5 lakh)# |
For Self Employed Individuals
| Category | Section | Investment Limit |
|---|---|---|
| Own Contribution | 80 CCD (1) | 20% of Gross Annual Income (upto 1.5 lakh)* |
| Additional Contribution | 80 CCD (1B) | ₹50,000 |
Tier I and Tier II Account
Tier I – Tax Saving Account
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Tier 1 is mandatory NPS account
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Assured Annuity with lock-in till 60 years of age
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Limited withdrawals, with conditions
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Exclusive tax benefits on entry & exit/ maturity
Tier II – Any time Withdraw
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Optional account, only Tier-I subscribers can join
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No minimum balance required
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No restrictions on withdrawals & exit
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Flexibility to transfer funds to tier 1 pension account
What is NPS
National Pension System (NPS) is a voluntary pension cum investment scheme which is linked to professionally managed pension funds. The NPS trust is regulated by Pension Fund Regulatory and Development Authority (PFRDA), Ministry of Finance. Just like PPF and EPF, NPS too offer exclusive tax benefits on entry as well as exit. The entire corpus is tax free at maturity and so is pension withdrawal. It is one of the excellent retirement saving plans, with limited withdrawal restrictions and 40% mandate for pension provision, assuring retirement income to each subscriber. Regular subscribers also get option to use Tier II account for flexible investment & withdrawals through market linked pension funds.
Assured retirement income
High returns with hybrid plans
World's cheapest retirement plan
Safety, security & flexibility
Enforces investment dicipline