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National Pension System (NPS) is a voluntary savings scheme that helps you gain additional Tax benefits over and above 80C. It is designed to create a retirement corpus through systematic savings during your working life.
Tax Efficient: Enjoy an additional tax deduction of up to Rs. 50,000 pa. over and above 80C
Tax Free withdrawals: Early and Partial withdrawals are tax free. Take up to maturity withdrawals as 60% lumpsum and tax free.
Investment Flexibility: Choose to invest between Equity and Debt
Affordable: Start investing with as low as Rs. 500
NPS Account Advantages:
Option to stay invested up to age of 75years of age
Portable across jobs and geographies
Withdraw 60% of maturity corpus as lumpsum and tax-free
Choose between 7 elite pension fund managers
Instant and paper-less account opening in few minutes
Enjoy an additional tax benefit over and above 80C
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