Contribution through Credit card discontinued for tier-2 NPS account holders After this decision, the payment option via credit card for tier-1 account holders of NPS will continue, whereas for ...
Notable features include a market-linked voluntary contribution system and a unique PRAN for account management. Minimum initial investment is Rs 1,000. The NPS Vatsalya, a version of NPS ...
The Punjab government implemented the NPS, a defined contribution scheme where employees give 10% of their basic pay and dearness allowance and the government contribute 14%, in 2004. It ...
National Pension System (NPS) is a defined contribution pension system. NPS schemes have two options. Tier 1 and Tier 2. Tier 1 has a longer lock in period (15 years for even partial withdrawal ...