Contact 8940000824 for more details on nps or monthly earning

Why MLA and MPs get high pension for which no age limit is fixed.
Is it fair on part of Government?

hi. shy employers willcontribute to
nps. I need more details. can i hv ur mail id or phone no pls

Yoy cannot. APY and NPS (I) are for persons under 60 years of age.

Go to NSDL site and log in using your PRAN (Permanent Retirement Account Number) to see the details of your contribution.

read NSDL site

You don’t need to contact higher authorities. Their base customer support is excellent.

Cannot. APY and NPS are for people under 60 years of age. You can ask your father to open Senior citizen savings scheme. The Senior Citizens Savings Scheme (SCSS) is primarily for senior citizens of India that offers regular income and is a risk-free tax saving investment.

Read NSDL site

You cannot.

You cannot take out the full amount of Tier-I NPS

User-friendly hai site. Tumhe use karna nahi aata! FAQ padh lo!

20 saal nahi, 60 saal ki umar ke baad milega. Koi return guarantee nahi, paisa doob bhi sakta hai. Yaar tum log bina FAQ padhe hi invest kar dete ho?

Go to the FAQ on NSDL site.

Everybody starts screaming for their rights.. nobody wants to talk about their duties. What have you done to ease off the interest burden on the Government? Talk to your children and family for your support!

Apne Bank manager ko milo. Yeh internet hai, bank nahi.

NPS benefits accrue till the age of 60 years. You cannot withdraw before that! And after 60 years too, you can withdraw a certain %age of it.

Terms, conditons, FAQ padh liya karo kuch invest karne se pehle.

Yes, you can. You’ll be allotted different PRAN numbers in this case.

Disadvantage

After investing in NPS you are not owner of your money. Withdrawals is as per Government policy.
At the age of retirement, 60 % of your investment will be returned remaining re-invested wherein returns are very less.
3. government change may result alteration of scheme. Previously few government scheme were closed due to change in government.

Advantage by investing in mutual funds

If one invest in mutual funds (5star rating) return are good in time span of 10 years.
You can take benefit of equity market.
you can withdraw money as and when required. You are owner of your money.
Ultimatly, when you invest in MF, you are father of your money. But when you invest in NPS, you become obedient son, who looks happy, praised by father but can not enjoy the life with friends and family in time as there is no money in hand.

Details:

NPS or the New Pension Scheme was launched in India on May 1, 2009. It is a scheme which enhances the social security in our country and its aim is to provide social security after retirement. Till the launch, in India we had a Defined Benefit Plan. As the name suggests the returns were fixed and if there is a shortfall in the fixed return, Government would compensate. The NPS is a Defined Contribution Plan, where the returns would not be fixed.

In his election speech in 1935, Franklin Delano Roosevelt said “it is the moral obligation to honor the right of citizen to live with dignity even in the retired life”. When it comes to pension or social security, our eyes turn to the Government. In India also, the charm of being a government servant is the Pension that you get in your retirement years. So to reduce the burden on its expenses the NPS was introduced by the exchequer. Around 8 Crore investors are estimated to be eligible to join this scheme.

Regulator: Pension Fund Regulatory and Development Authority (PFRDA) is the regulator for the NPS. PFRDA was established by the Government of India on 23 August 2003 to promote old age income security by establishing, developing and regulating pension funds.

Applicability: All new entrants to Central Government services (other than Armed Forces) after Jan 1, 2004, would compulsorily join this scheme. All Indian citizens Aged 18 to 60 can voluntary join the scheme. The exit age will be 60 years.

Contribution Requirements: A minimum contribution of Rs 6000 would be compulsory per year. Minimum amount per contribution is Rs 500 and a minimum of 4 contributions in each quarter of the year for each subscriber account is required.

Structure: Under NPS, each subscriber would be allotted a unique 16 digit Permanent Retirement Account Number (PRAN). This number would be portable. The records of transactions and investor would be maintained by Central record Keeping Agency (CRA). At present NSDL is the CRA and in future the number of CRA would be increased. The subscriber has an option to invest with seven Pension Fund Managers (PFM). He also has the option to choose any one or multiple PFM to manage his contributions. These PFMs will have 3 kinds of funds categorized as E for Equity fund, G for fund investing in Government Securities and C for Fixed income securities other than Government Securities. Also the scheme is structured in two tiers. Tier I will not allow premature withdrawals and Tier II accounts would permit withdrawals.

Investment Charges: The NPS levies an investment charge of .00009% of the asset under management. Initial charges of account opening would be around Rs 470. From second year onward the charges would be Rs 350 per annum. Also a charge of Rs 15 would be applicable for each transaction. These charges are bound to come low once the investor base increases.

Tax Treatment: The contribution under Tier I account would qualify under the Sec 80c of the Income tax, but withdrawals from this scheme would be taxable under the EET (exempt-exempt-tax) system.

The Pension Fund Managers: At present there are seven PFMs. These are UTI, SBI, LIC, Kotak, Reliance, IDFC and ICICI Prudential.

How can I apply for the NPS: The scheme is offered through 23 Point-of- Acceptance or POS. The major ones are SBI and its 7 associate banks, ICICI Bank, IDBI Bank, OBC, Allahabad Bank, CAMS etc. Not all the branches of these POS offer the information and services for NPS. You can check the website of the particular POS or call there toll free number to get the information about the availability of this scheme.

Should you go for it or not?

If you are working in private sector or have your own business, this is one of the best offerings under retirement planning. The scheme strives to offers maximum returns in the lowest cost scenario. The PFMs are all credible names and the servicing would improve once the scheme increases its awareness and subscribers. Your agent would not recommend this scheme as he gets no remuneration to advise this scheme. So instead of falling prey to the lucrative advertisement by Insurance Companies to prosper your retirement, get your NPS account now.

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kindly confirm whether House wife can join the scheme and pay money. what is the term for payment to get a monthly Rs.5000/- pension. the age is 50yr pl provide details.

regards,

C Chandrasekar

sir mai kis tarha se painstion le sakta ho. kya karna chahiye.
pileas sir informition do.

Ha aap join kr Skte h uske liye govt. Ka dusra scheme hai….. Jo after 60 years old age wale log open kr skte h account.

आपको कितनी पेंशन मिलेगी कोई कुछ नही कह सकता कारण एन पी एस मे जितनी राशी जमा होती है वह mutual फंड मे निवेश होती है जो की शेअर मार्केट पर निर्भर है।आपके 60 साल पुरे होणे के बाद शेअर मार्केट मे आपके फंड की उस वक्त जो किमत जोगी उस के नुसार आपके फंड के 40 प्रतिशत पर आपको पेंशन मिलेगी।बाकी 60 प्रतिशत रक्कम आपको एकसाथ मिलेगी।

Hi sir call me 9313211960

If you are literate individual you must have read the terms and conditions of NPS clearly 🙂

If you’re holding a Tier I account there is no way you can withdraw the amount. Period.

Tier I Account: This is a non-withdrawable account meant for savings for retirement.
Tier II Account: This is simply a voluntary savings facility. The subscriber is free to withdraw savings from this account whenever subscriber wishes. No tax benefit is available on this account.

The State Governments may have pensions for senior citizens.Please check web site of Ministry of Social Justice of your State (where you live)

Pension plans are for long term benefits. For short term NPS is not the right choice

no sir . you should be less than 60 years of age

i don’t widraw my balance ………… so any sir/mam widraw my acount balance

Thanks,

RS Patwal

Thanks
RS Patwal

nps bolta hai ki 10 saal ka locking perioud hai

apna paisa time per kaam na aaye to paisa kis kaam ka

koi hai jo mera paisa nikalwa sakta hai contact me 9627287715