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FAQs on NPS (Individual/US model)FAQs About NPS Subscriber Registration Subscriber Contribution Subscriber Service Request Subscriber Withdrawal Request Subscriber GrievanceAbout What is National
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NPS National Pension System (NPS) is a voluntary, long-term retirement savings scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA) in India.
Any individual looking to secure their retirement and save for the future can open an NPS account. It is open to all Indian citizens between the ages of 18 and 60 years.
To enroll in the NPS, an individual needs to visit a Point of Presence (POP) or register online through the eNPS website. They will need to provide personal details, select an investment option, and contribute funds regularly.
The purpose of NPS is to provide income security to individuals during retirement by encouraging them to save and invest for the long term. It offers a range of investment options and tax benefits to help individuals build a retirement corpus.
Information such as personal details, nominee details, investment option selected, contribution amount, and fund allocation must be reported on NPS forms and statements.
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