NPS

National Pension System (NPS)

The National Pension System (NPS) is a pension and investment system developed by the Indian government to give long-term financial security to Indian residents. It provides an attractive long-term saving alternative with a secure and regulated market-based return for correctly planning your retirement. The Pension Fund Regulatory and Development Authority (PFRDA) regulates it, and it provides a secure but transparent platform. When people reach retirement age, they get a lump sum payout as well as regular income, allowing them to live a stress – free retirement life.

Advantages of saving & investing with NPS

An investor has access to the following benefits by investing in the National Pension Scheme. It is a voluntary initiative that is accessible to all Indian nationals between the ages of 18 and 70. The plan offers a lot of flexibility, allowing you to pick and select your investing possibilities. you may also chose from a variety of investment funds. The National Pension System (NPS) account may be accessed from anywhere in India. Transparent investment guidelines are part of the plan. It assists you in planning your retirement and ensures that you will receive guaranteed profits when you retire. Under section 80C of the Indian Income Tax Act, the subscriber can claim tax advantages on the payment paid to this plan.

Why should one invest in NPS ?

  • Tax Saving: When you invest ₹2 lakh, you can save up to₹62,400 in taxes each year and receive a tax-free amount at maturity when you reach the age of 60.
  • Cost-Effective: A low-cost investment with a larger return. Although the initial investment may be little, the greater compounding aspect of these plans allows an individual to earn significant profits at retirement.
  • Disciplined Investment:  Until you reach the age of 60, your investment is locked in. A minimum annual investment of Rs.1,000 is mandatory.

  • Returns are guaranteed These programmes provide better yields than other investments such as PPFs and FDs. The percentage of NPS invested in equities, on the other hand, may not provide guaranteed returns.

  • Lifetime source of income: Inflation is having a negative influence on every part of our life. So, in order to continue your previous lifestyle, you’ll need a steady source of money. NPS provides that choice in the form of a pension throughout the duration of your retirement, making it a lifesaver at a time when you most need financial assistance.
  • Professionally managed: Your funds are invested and managed by the top pension fund managers in India.

Journey with NPS

Plan your NPS journey

Start at 18 Years: Begin contributing now continue every year until you reach the age of 60

After 60: It is time to retire, withdraw up to 60% (Optional) of your saving Tax-free and reminder for recurring monthly pension for your remining life.

Rest: For a stress free retirement, take a advantage of monthly pension. Enjoy your retirement life.

Tax Part

What are the Tax benefits in NPS ?


  • NPS allows you additional deduction U/s  80CCD(1B) on saving Rs.50000/- , Over and above the limit of Rs.1.50 Lakh U/s 80C.
  • Totally You can claim up to Rs. 2.00 Lakh on deduction.
  • Maximum Tax saving  = Rs. 62400/- (2 Lakh Investment)
  • Only NPS gets you additional Tax Rebate.
  • Investment, Returns and Withdrawal (EEE) are Tax Exempt.
  • Tax efficient over your NSC, PPF, ELSS savings etc.
  • Tax benefits to Individual, Employer and Employee.

How much will you get as Pension ?

For Ex: if you begin your savings & investment monthly Rs.5000/- in NPS at the age of 25 

Monthly Investment: Rs.5000/-
Your total Investment till 60 : 21 Lakhs
Expected Corpus at 60:  2.10 Crores
Withdrawable Corpus at 60: 1.26 Crore
Pension per month for life after 60 :Rs.49,013/-
Pension per month for life for 100% annuity : Rs.1,22,533/- 
(Illustrative Calculations- Returns calculated 12 % p.a. assumed, Annuity 7 % p.a.)

Calculate your pension
Documents required to open your NPS account.
  • Your Personal Information.
  • PAN Card (Image)
  • Aadhar Card / No
  • Digi locker a/c
  • Signature. (Image)
  • Savings Bank a/c Details
  • Bank Cheque Copy. (Image)
  • Nominee Name & DOB
Keep above documents handy with you before opening your eNPS account online. Wish you all the best. 

All ready...? So what are you waiting for ?

Subscribe now to your NPS account.

Open your NPS account now