The National Pension System (NPS) is a voluntary, market-linked retirement savings scheme regulated by PFRDA, open to all Indian citizens, with attractive tax benefits.
Apply and check your status free on the official Government of India portal.
Benefits
- Build a retirement corpus through market-linked investment
- Additional tax deduction up to ₹50,000 under Section 80CCD(1B)
- Choice of fund managers and asset allocation
- Partial withdrawal options and annuity at retirement
Eligibility
- Indian citizen (resident or NRI) aged 18–70 years
- Tier I (pension) account mandatory; Tier II optional
Documents required
- Aadhaar/PAN
- Bank account details
- Photograph & signature
How to apply
- Register on eNPS with PAN/Aadhaar and bank details.
- Choose your pension fund manager and contribution.
- Get your PRAN and contribute regularly towards retirement.
Helpline
1800-222-080
Official links
- Open an NPS account online (eNPS) ↗
- NPS information (NSDL CRA) ↗
- PFRDA (regulator) ↗
- Check your eligibility on myScheme (Govt of India) ↗
FAQs
Who can open an NPS account?
Any Indian citizen, resident or NRI, aged 18–70 years.
What tax benefit does NPS give?
An additional deduction of up to ₹50,000 under Section 80CCD(1B), over and above Section 80C.