The National Pension System is a Government-sponsored defined contribution retirement
system regulated by PFRDA.
NPS is not a single scheme, it is a solution system for retirement planning. It gives
choice to the investors to invest the money according to their risk appetite and choice of the
Pension Fund Manager.
The primary asset classes under the scheme are Equity, Govt Securities, bonds, and
alternative investment funds. The scheme also allows premature exit and partial withdrawals
subject to conditions.
In case you didn’t know, you can open your account online within 24 hours. Offline account opening takes up to 4 working days. If you wish to open your account offline, fill and sign the forms using a black/blue ballpoint pen. Please fill in the email and mobile number of the applicant to avoid account opening delays.