Explore and benefit from the Indian Government’s endeavour to extend pension benefits to all citizens of India.

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National Pension System  (Page to be added)

The National Pension System (NPS) It is a mandate for Central government employees, and the employees of some state governments to invest in the NPS. As per a GOI’s newest direction, the private-sector staff is now provided with a choice between the Employees’ Provident Fund Organisation (EPFO) and the NPS.

Fundamental NPS Characteristics

1. CAPITAL PROTECTION & INFLATION PROTECTION: The capital is not entirely protected as the National Pension Scheme invests a specific amount in the equities. The returns are, consequently, market-linked.
2. LIQUIDITY: Post three years of being in the scheme, you can withdraw up to 25 per cent of the total contributions for defined expense obligations. These defined expenses can be your child’s higher education or wedding, building or purchase of the first house, and acute illness treatment for self, spouse, children or dependent parents etc.
3. TAX IMPLICATIONS: You can avail tax deduction on investments up to INR 150000 (under Section 80CCD) and INR 50,000 [under Section 80CCD(1B)] in a financial year. Besides, 60% of the amount received after term completion is tax-free.

1st Option: TIER- I:

On gaining retirement at the age of 60 years, you have to mandatorily use 40% of the corpus to buy an annuity. The remainder 60% can be taken off and is now entirely tax-free. 

2nd Option: TIER- II:

It’s a voluntary account, and you are free to withdraw your savings as and when required, sans any condition. There are no restrictions on deposits and withdrawals. Withdrawals are taxable as per your slab.

Click below to OPEN an NPS Account and Register a New PRAN

For any assistance during the Online Registration process call or What’s App us on +91-9036018660

Disclaimer: Investment into the stock market are is subject to market risk.

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