Sebanti Roy Chowdhury

National Pension Scheme (NPS) H2 - What is NPS? (Meaning & Definition) H2 - Features & Benefits of NPS - Flexibility via two different accounts (Tier 1 - yearly contribution of 6000 & 500 one time investment. Tier 2 - yearly contribution of 2000 & 250 one time investment) - Partial Withdrawal (Contributions can be withdrawn partially) - Investment in two different options (Auto Choice - default option. Active choice - choice to decide among available classes in which to invest funds) - Returns (offer higher returns compared to other investments such as PPF. interest rate is of 9% - 12%) - Withdrawals Rules (40% of contributions have to be kept aside for regular annuity, remaining 6% accumulated fund is tax free) - Regulated by PFRDA (The NPS is regulated by PFRDA, hence there is transparency in investment norms & reliability to subscribers) H2 - How to Register for an NPS Account? (Steps as given on https://economictimes.indiatimes.com/wealth/invest/how-to-open-an-nps-account-online/articleshow/-.cms) H2 - Types of NPS Account (Tier 1 & Tier 2 Tabular format as given on - https://cleartax.in/s/nps-national-pension-scheme#features) H2 - Eligibility Criteria of NPS Schema (Indian citizen, minimum 18 years & maximum 65 years, KYC compliant, should not have existing NPS)