Invest smart Let your money hustle for you!
You pick the goal, we bring the strategy.
Invest smart
Let your money
hustle for you.
You pick the goal, we bring the strategy.
What is NPS (National Pension System)?
Think of NPS as a long-term savings and investment plan designed to help you build a stable retirement corpus. It’s backed by the Government of India and allows individuals to contribute regularly during their working years and enjoy a secure income post-retirement. NPS is a market-linked pension scheme that invests your contributions into a mix of equity, corporate bonds, and government securities[SN1] . It’s structured to help you accumulate wealth while enjoying tax benefits and professional fund management. [SN1]Mention the low risk element too
Why Choose NPS?
How NPS Works?
Your NPS contribution is split into two accounts:
- Tier I Account (Mandatory): A long-term retirement account with restrictions on withdrawals to ensure disciplined savings.
- Tier II Account (Optional): Works like a savings account. Withdraw anytime, but no tax benefits available.
Upon retirement (at 60), you can:
- Withdraw up to 60% of the corpus tax-free.
- Use the remaining 40% or more to buy an annuity for regular pension income.
SIP like Contributions in NPS
NPS offers flexibility similar to SIPs. You can:
- Contribute monthly or annually based on your financial plan.
- Automate contributions through standing instructions.
- Increase your contributions as your income grows for better returns over the long term.
Getting Started with NPS
Joining NPS is easy and 100% digital
Open an NPS Account: Choose a POP (Point of Presence) or sign up online through a CRA (Central Recordkeeping Agency).
Start Contributing: Set your contribution frequency and amount—stay consistent to build a secure future.
Start Contributing: Set your contribution frequency and amount—stay consistent to build a secure future.