You can deposit money in NPS account sitting at home, know the complete process here

Funds for retirement can be raised through the National Pension System (NPS). It is an investment instrument in which a large amount of money can be raised by depositing money. Private sector employees can invest in NPS along with government employees. This scheme has the dual benefit of raising retirement funds and saving taxes. NPS members can open Tier I (for pension) and Tier II (for investment) accounts to build a retirement fund. NPS offers tax benefits up to Rs 1.5 lakh under section 80CCD(1) and up to Rs 50,000 (gain above 80C) under section 80CC(IB).

NPS is considered to be the best tool for retirement fund. During the job, money will continue to be deposited in NPS and after retirement, pension will be received from the same.

Apr 27, 2022 | 7:30 am

Funds for retirement can be raised through the National Pension System (NPS). It is an investment instrument in which a large amount of money can be raised by depositing money. Private sector employees can invest in NPS along with government employees. This scheme has the dual benefit of raising retirement funds and saving taxes. NPS members can open Tier I (for pension) and Tier II (for investment) accounts to build a retirement fund. NPS offers tax benefits up to Rs 1.5 lakh under section 80CCD(1) and up to Rs 50,000 (gain above 80C) under section 80CC(IB).

To open an account, you must have an active bank account with mobile number, e-mail id and net banking facility. In case the applicant chooses to open an individual pension account with PAN number, the PRAN must be activated. Deposits can be made in NPS account sitting at home. Let's know everything about it.

To open an account, you must have an active bank account with mobile number, e-mail id and net banking facility. In case the applicant chooses to open an individual pension account with PAN number, the PRAN must be activated. Deposits can be made in NPS account sitting at home. Let’s know everything about it.

e-NPS- Subscribers can visit https://enps to contribute online. nsdl.com and click on 'Contribution' tab. Enter the subscriber's PRAN (Permanent Retirement Account Number) and date of birth. Contribution can be made to Tier I or Tier II account after OTP verification.

e-NPS- Subscribers can visit https://enps to contribute online. nsdl.com and click on ‘Contribution’ tab. Enter the subscriber’s PRAN (Permanent Retirement Account Number) and date of birth. Contribution can be made to Tier I or Tier II account after OTP verification.

Mobile App- Contribution can be deposited in NPS account from mobile. Download NPS Mobile App in your mobile. Contribution can be made even without logging into the app by simply entering the PRAN and date of birth and then clicking on 'Verify PRAN'. After OTP authentication, customers can contribute to Tier I or Tier II account through Net Banking, Debit or Credit card.

Mobile App- Contribution can be deposited in NPS account from mobile. Download NPS Mobile App in your mobile. Contribution can be made even without logging into the app by simply entering the PRAN and date of birth and then clicking on ‘Verify PRAN’. After OTP authentication, customers can contribute to Tier I or Tier II account through Net Banking, Debit or Credit card.

Nodal Office- One can visit the POP-SP location to do the transaction physically. One can download the NPS Contribution Slip from http://bit.ly/2ICLtax and submit the same to the POP-SP after filling it. A receipt is issued to enable tracking of the contribution.

Nodal Office- One can visit the POP-SP location to do the transaction physically. One can download the NPS Contribution Slip from http://bit.ly/2ICLtax and submit the same to the POP-SP after filling it. A receipt is issued to enable tracking of the contribution.

Charges- A POP service charge of 0.1 per cent of the contribution will be applicable (between Rs.10 to Rs.10,000). No charge for future contribution is applicable in case of customers registered in e-NPS through Aadhaar. Contribution through eNPS is credited to the subscribers' NPS account on T+2 basis. The minimum contribution amount is Rs 500 for Tier I account and Rs 250 for Tier II account.

Charges- A POP service charge of 0.1 per cent of the contribution will be applicable (between Rs.10 to Rs.10,000). No charge for future contribution is applicable in case of customers registered in e-NPS through Aadhaar. Contribution through eNPS is credited to the subscribers’ NPS account on T+2 basis. The minimum contribution amount is Rs 500 for Tier I account and Rs 250 for Tier II account.






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