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Retail NPS

Employer-sponsored annuity scheme

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Any individual (non Government and non Corporate) who wish to invest to NPS can contribute towards their retirement fund through Retail NPS model. (All Citizen Indian Model). The scheme, which is regulated by the PFRDA (Pension Fund Regulatory And Development Authority) is a voluntary, defined contribution retirement savings scheme that helps individuals earn pension post retirement.

Who can join Retail NPS?

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All Indian citizens, including NRIs and OCI

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Subscribers must be between 18-70 years at the time of registration

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Must comply with the KYC requirements

How does Retail NPS Works

How NPS Works

How to Enroll for Retail NPS

Online
Offline

The online registration process is easy and quick. Once the NPS subscriber submits the registration form and relevant documents, they will be redirected to a payment gateway for completing the payment towards their NPS account.

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Retail NPS -Contribution

Online

Step 01

Click on contribute tab

Step 02

Enter your details

Step 03

Verify your PRAN

Step 04

Make payment.

Offline

Step 01

Deposit cheque, with NCI slip (NPS contribution intruction slip) to POP.

How NPS Works

Features and Benefits of Retail NPS

Tax-efficient pension scheme

It is a tax-efficient pension scheme (Tax benefit under Section 80 CCCD(1) and Section 80CCCD(1B) of Income Tax Act 1961)

To know more benefits of retail NPS- Click here.

FAQs

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Retail NPS