It helps build your retirement fund during your employment years.
You can withdraw 60% of the NPS fund after 60 years of age.
40% of your NPS fund will be kept as annuity and you will receive regular pension from it.
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.
Anyone aged between 18 and 65 can save under the NPS scheme.