Are you planning for your retirement? Do you want to secure your future with a regular income after you stop working? If yes, then you can consider investing in the National Pension Scheme (NPS) in India.
NPS is a voluntary and long-term investment plan for retirement under the purview of the Pension Fund Regulatory and Development Authority (PFRDA) and the Central Government. It is open to all citizens of India between 18 to 70 years of age, whether they are from the private, public or unorganised sectors.
NPS allows you to make defined contributions at regular intervals during your working life. You can choose from various investment options and fund managers to suit your risk appetite and financial goals. The returns on your investments depend on the performance of the market-linked instruments such as equities and debts.
NPS offers several benefits to its subscribers, such as:
You can join NPS by following these simple steps:
You can withdraw from NPS in two ways: partial withdrawal and complete withdrawal.
NPS is a smart way to plan for your retirement and secure your future. It offers you multiple benefits such as tax savings, flexibility, portability and security. It also gives you the opportunity to earn market-linked returns and create a large corpus for your golden years. You can join NPS online or offline and start investing with a minimum amount. You can also withdraw from NPS partially or completely as per your needs. So, what are you waiting for? Join NPS today and enjoy a happy and peaceful retirement.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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