National Pension System (NPS)

Scheme introduced by the Government of India

(NPS) is a voluntary retirement savings scheme

Maximum NPS contribution: No limit Tax exemption: Up to Rs 2 lakh p.a.

(NPS) is an investment cum pension plan launched by the Indian Government. 

Central Government employees covered under NPS

PFRDA (Pension Fund Regulatory and Development Authority) is the governing body for NPS.

NPS is also a good investment option if growing your wealth and building a solid retirement corpus are on your mind.

Pension (Annuity) payable for 5, 10, 15 or 20 years certain and thereafter as long as you are alive.