NATIONAL PENSION SYSTEM
(N P S)
Pension Fund Regulatory and Development Authority
First Floor, ICADR Building, Phase II, Plot No 6, Vasant Kunj
NEW PENSION SYSTEM (NPS)
NEW PENSION SYSTEM
(Also referred as NPS)
A efficient contribution pension system in INDIA.
A Scheme to boost the common man’s self esteem
Any citizen of India of Age 18- 60 yrs can open NPS LITE account
NPS LITE pension plan is beneficial for lower middle / poor class to
Income Tax Benefit U/s 80C
Invest yearly 1000 and get Govt. Contribution 1000 p.a.
SWAVALAMBAN benefit will be avail to subscriber’s who invest
Rs.1000 min & do not exceed Rs. 12000 p.a for FY. (April 1st to March 31st)
PRAN no. will be allocated by NSDL- CRA (Central Record Agency).
2 photo, 1 Xerox copies Id proof & Address proof required.
PFRDA, is a regulatory body for NPS lite
Application form should be filled with Black ink only.
Form submission can be done at Franchisee
Rejected application, will get back amount refund.
PRAN card available in Hindi also.
• To open your account contact your Aggregator.
• Subscriber will get individual PRAN Card.
(Permanent Retirement Account Number).
Benefits of ‘NPS’
• NPS is portable. You can operate your
account from anywhere in the country, even if
you change your city, job or your aggregator.
• NPS is safe. It is regulated by PFRDA, with
transparent investment norms and regular
performance review of fund managers by NPS
• Tax benefit up to Rs. 1 lakh is available under
section 80 CCD.