Any Indian citizen between the age of 18 and 70 years. (1st Sep'21)

Yes, an NRI can open an NPS account. Contributions made by NRI are subject to regulatory requirements as prescribed by RBI and FEMA from time to time. If the subscriber’s citizenship status changes, his/her NPS account would be closed.

Yes. Investment in NPS is independent of your subscription to any other pension fund.

NPS is distributed through authorized entities called Points of Presence (POPs) and almost all the banks (both private and public sector) are enrolled to act as Point of Presence (POP) under NPS apart from several other financial institutions. To invest in NPS, you will be required to open a NPS account through the Point of Presence (POP) and who will assist the subscriber in opening the account including the filling up of necessary forms, providing the information about NPS and any other relevant information in this regard.

CRA stands for “Central Record Keeping Agency”. It is managed by NSDL and its main function is record keeping, administration and customer service for all subscribers of the NPS.

PFRDA (Pension Fund Regulatory and Development Authority) is the governing body for NPS.

Your contributions are managed by the Pension Fund Managers (PFMs) appointed by PFRDA, following regulatory guidelines.

Subscribers can invest through Lump sum or SIP in NPS.