Wednesday, April 17, 2024
HomePersonal FinanceNPS Is Giving FD Plan With Government Guarantee, 9.95% Interest Will Be...

NPS Is Giving FD Plan With Government Guarantee, 9.95% Interest Will Be Given .. Apply This Way

NPS has proved to be a safe investment tool. Due to which the number of account openers in NPS is continuously increasing.



If an investor wants to invest in NPS, then this medium is also a good option for him. For your information, let us know that the National Pension System was first started by the Central Government in January 2004 for Government Employees. However, in 2009 the government opened up every citizen of the country to invest in NPS. Which is now an sponsored pension scheme of the government.

Interestingly, NPS has proved to be a safe investment tool. Due to which the number of account openers in NPS is continuously increasing. Not only this, many PSUs are also putting their pension funds in it. Currently around 7,900 corporates have accepted the NPS system, which has a fund of Rs 50,000 crore with 10 lakh contributors. According to the National Pension System, pension is made after 60 years. At the same time, this pension depends on the amount you deposit every month.

Also Read: Electricity Connection Free 2021: Get electricity connection for free from the government’s ‘Saubhagya Scheme’, how to know

For your information, let us know that the total Asset in the new pension system i.e. NPS and Atal Pension Yojana has reached 4.17 lakh crore by 31 March 2020. At the same time, by this date the number of pension-scheme beneficiaries has increased to about 3.45 crores.

The other is auto mode – in which the investor has to make choices. In this mode, 8 fund managers handle the amount of the investor and keep changing the equity and debt according to the market. Apart from this, investment in NPS is also exempt under Section 80CCD of Income Tax.



This is how you can open an account in NPS

The applicant does not have to submit any documents for KYC to open an account in the National Pension System. Not only this, an account can also be opened in online mode with Aadhaar. Also, PFRDA has allowed E-NPS and Point of Presence Centers to open NPS account through offline basis.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
  1. In The Subject / Head-Line Matter , ou Have Mentioned ” N P S Is Giving F D PLAN
    With Government Guarantee , 9 . 95 % Interest Will Be Given . . Apply This Way ”

    But You Have Give The Details About The Above , And How To Appy , And
    Who Are All Eligible To Open .

- Advertisment -

Most Popular

Recent Comments