What is National Pension Scheme?

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    It helps build your retirement fund during your employment years.

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    You can withdraw 60% of the NPS fund after 60 years of age.

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    40% of your NPS fund will be kept as annuity and you will receive regular pension from it.

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    If your savings are less than or equal to two lakhs when you reach the age of retirement, you can withdraw the complete amount if you want to.

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    Anyone aged between 18 and 65 can save under the NPS scheme.

To know more about NPS, see the table below:

Amount needed to open NPS Minimum account to open account is ₹500. Minimum amount to be added every year is ₹1000
Rate of interest 8-10%
Lock-in period Until retirement

Quiz

To know How to get a National Pension Scheme, Go to

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