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Minimum Amount for opening of account |
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• Tier :- I ( Minimum Contribution Rs.500 and tax benefits are available) • Tier:- II ( Minimum Contribution Rs.1000). |
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Channel of Subscription/Opening of accounts: - Through all Branches.{All branches (POP-SPs) accept the application form get the subscriber(s) registered with Central Record keeping Agency(CRA) for generation of the Permanent Retirement Account Number (PRAN) , Through ‘MYNPS’ (https://www.centralbank.net.in/jsp/NPS.html ) |
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Salient features. |
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(a)Who can open:- (i) Any individual citizen of India (both resident and Non-resident) in the age group from 18 to 85 years (as on the date of submission of NPS application) can join NPS. Key amendments in PFRDA (Exits and Withdrawals under the NPS) Regulations, 2015 |