logo
logo
logo

Welcomenational pension system

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.National Pension System (NPS) is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account. NPS is a voluntary, defined contribution retirement savings scheme designed to enable the subscribers to make optimum decisions regarding their future through systematic savings during their working life. NPS seeks to inculcate the habit of saving for retirement amongst the citizens. It is an attempt towards finding a sustainable solution to the problem of providing adequate retirement income to every citizen of India.

Read More...
calt

Pension Calculator

Pension Details
Monthly Pension: ₹ 0
Results
  • Total Invested :
  • Projected Gains :
  • Projected Corpus :
  • Lumpsum :
  • Annuity Corpus :
  • Monthly Pension :
  • Annual Tax Saving :
Disclaimer : The above calculations and illustrations are indicative in nature and based on an assumed rate of return. Hence, the figures do not indicate or assure an actual amount/figure.

Why Invest in National Pension System (NPS)?

frequently asked questions

  • National Pension System (NPS) is a government-sponsored pension scheme that was launched in the year 2004 by Pension Fund Regulatory and Development Authority of India (PFRDA) for Government employees only but was later made available to all the employees from Public sector, Private sector and even the unorganised sector w.e.f. 1st May 2009.

    The objective of this scheme was to secure financial future of the individual after the retirement. Under NPS, the individual contributes to his / her retirement account and his/her employer (if applicable) can also co-contribute for the welfare of the individual.

  • An individual should opt for NPS for the following reasons:

    1. Confirmed annuity in their retirement life.
    2. Reduce post retirement dependency on others for livelihood
    3. Good returns in long term on their investment.
    4. Simple &hassle free process of enrollment.
    5. Entry age 18 to 70 years.
    6. Voluntary contribution
    7. Portable Investment.
    8. Various investment options available to cater to all risk appetites (i) Equity (ii) Govt Bonds (iii) Corporate Bonds (iv) Alternate Investment option.
    9. Tax benefits U/S 80 CCD – up to Rs. 50,000/-.
    10. Very low cost investment scheme.
    11. Partial withdrawal up to 25% after 3 years.
    12. Minimum Contribution 1000/- per year.

  • Yes. Investment in NPS is independent of one’s contributions or subscription to any Provident/Pension Fund.

  • An individual citizen can open an NPS account through CSC e Governance Services India Limited registered by PFRDA.

  • The Government will not be making any contribution to your NPS account.

View All

Testimonials