Backed by the Government of India, NPS provides impressive long-term savings options for you to plan your retirement time efficiently by investing in this safe market-based plan.
Between 18-70 years can join Easy and multiple registration options (Aadhaar, Digilocker etc.) Open Tier I (Pension A/c) and Tier II (Add-on investment A/c).
REGISTER NOW SEE DOCUMENTS Government SubscribersCentral Govt./ State Govt. (including autonomous bodies) employees covered in NPS. Employees joined after applicable date mandatorily covered in NPS. Open Tier I (Pension A/c), Tier II (Add on investment A/c), TTS A/c .
REGISTER NOW SEE DOCUMENTS Corporate SubscribersEmployees of Corporates who have adopted NPS can join . Get additional Tax Benefits on employers contribution. Flexibilty in choosing contribution (employer/employee), pension fund etc.
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Between 18-70 years can join on repatriation or non-repatriation basis . Contributions to come from NRE and NRO A/c. For repatriation of amount, contributions should be made from NRE A/c only.
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Any citizen of India between 18-40 years can join. Applicable for Non-Income Tax payers only. Easy online registration options (Online/Offline Aadhaar).
REGISTER NOW Continue to registration SEE DOCUMENTS --> GDS Subscribers Employees covered under SDBS are eligible to join. Between 18-65 years can join. REGISTER NOW Continue to registration SEE DOCUMENTS --> NPS Vatsalya (Minors)Subscriber below 18 years of age Easy and multiple registration options (Aadhaar, Digilocker etc.) Applicable for NRI & OCI Subscribers also Contributions to come from NRE and NRO A/c.
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Tax Benefit available to Individual: Any individual who is Subscriber of NPS can claim tax benefit under Section 80CCD(1) of Income Tax Act. 1961, within the overall ceiling of Rs. 1.5 lac under Section 80CCE. Exclusive Tax Benefit to all NPS Subscribers u/s 80CCD (1B): An additional deduction for investment upto Rs. 50,000 in NPS (Tier I account) is available exclusively to NPS subscribers under Sub-section 80CCD(1B). This is over and above the deduction of Rs. 1.5 lac available under Section 80C. Tax Benefits for Corporate Subscriber: Additional Tax Benefit is available to Subscribers under Corporate Sector, u/s 80CCD(2) of Income Tax Act. Employer's NPS contribution (for the benefit of employee) up to 10% of salary (Basic + DA), is deductible from taxable income, subject to limit of rupees 7.5 lakh for PF, NPS and superannuation fund put together.
2. How I will get pension under NPS? 3. What is PRAN kit and when I will get it?PRAN Kit contains PRAN card and Subscriber details (referred as Subscriber Master List). The Subscriber Master List includes the information as provided by the Subscriber as part of registration under NPS. Subscriber has an option to opt for ePRAN Card or physical PRAN card at the time of registration. ePRAN kit is sent by Protean CRA at the registered email ID of Subscriber whereas, physical PRAN kit is sent by Protean CRA at the Subscriber's registered address. There is a facility available to download ePRAN Card or initiate request for physical PRAN card by logging to NPS Account. Listen our Podcast episode having a title "Tracking dispatch status of PRAN" at https://bit.ly/3AnfIg1
4. When will the units be credited to my NPS Account in case of online contribution?Units will be credited to the subscriber's account on the day contribution is invested by the PFM (Pension Fund Manager). The credit will happen as per the timelines mentioned below:
Contributions submitted through D-Remit facility (in Virtual Account):
The investment will happen on same day and same day NAV will be applicable, on receipt of clear Funds in Virtual Account held with Trustee Bank (Axis Bank) till 9.30 AM. If clear funds are received after 9.30 AM or on a non-working day, investment will happen on next working day. Contributions submitted through eNPS portal: Investment will take place on T+2 working days basis [subject to receipt of clear funds from Payment Gateway Service Provider (PGSP) i.e. Day T].
