Start Monthly Income When You Turn 60
Plan your retirement with National Pension System
The National Pension System (NPS) is a government-backed retirement savings plan that supports security in one's working years by enabling individuals to save consistently throughout their careers and accumulate a significant retirement fund over time.
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Diversified Portfolio of equity, debt & more
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Invest as you like- Aggressive, Moderate, Conservative or create, your own plan
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Earn tax-free returns at 60 with flexible withdrawal plans
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Get Monthly Income
Benefit of Investing in NPS
Stress Free Retirement
The National Pension System (NPS) provides excellent tax benefits under Section 80C and Section 80CCD(1B) of the Income Tax Act. By investing in NPS, you can claim a deduction of up to Rs. 1.5 lakh under Section 80C, plus an additional Rs. 50,000 under Section 80CCD(1B). This combination not only boosts your retirement savings but also reduces your taxable income effectively.
Lifetime Independence
The National Pension System (NPS) is designed to help individuals accumulate a substantial retirement fund through systematic and disciplined savings. By contributing regularly to the NPS, you can benefit from compounding returns on your investments over time. This government-backed scheme offers a combination of equity, corporate bonds, and government securities.
Savings on Tax Money
The National Pension System (NPS) provides excellent tax benefits under Section 80C and Section 80CCD(1B) of the Income Tax Act. By investing in NPS, you can claim a deduction of up to Rs. 1.5 lakh under Section 80C, plus an additional Rs. 50,000 under Section 80CCD(1B). This combination not only boosts your retirement savings but also reduces your taxable income effectively.
What is National Pension System?
The National Pension System (NPS) is a government-backed retirement savings plan that supports security in one's working years by enabling individuals to save consistently throughout their careers and accumulate a significant retirement fund over time.
NPS is an essential voluntary defined contribution retirement savings scheme that was established by the Government of India in 2004.
This scheme invites all citizens of India, aged 18 to 70, to seize the opportunity to secure a dependable income stream, ensuring a rewarding and stress-free retirement.
Subscribers can choose their investment options & pension fund managers, contributions can be made regularly or as a lump sum.
The NPS offers tax benefits under Sec 80C & Sec 80CCD(1B) of the Income tax act, making it a popular investment option for retirement planning.