The National Pension Scheme (NPS) is one of India’s most trusted government-backed retirement savings options. While it helps you build a retirement corpus, investors often have queries related to withdrawals, contributions, or account details. To assist subscribers, NPS offers dedicated helplines and grievance redressal systems.
If you are looking for stable growth along with NPS, consider diversifying with a Bajaj Finance Fixed Deposit that offers up to 7.30% p.a. for senior citizens and 6.95% p.a. for regular investors. Check eligibility.
NPS Meaning
The National Pension System is a voluntary, market-linked retirement savings scheme introduced by the Government of India. Managed by the PFRDA, NPS allows you to invest in government bonds, corporate debentures, and equities.
Up to 60% of the accumulated corpus can be withdrawn at retirement.
At least 40% must be invested in an annuity to ensure a steady monthly income.
While NPS secures your long-term retirement, a Bajaj Finance FD can help with short-to-medium term goals like education, travel, or emergencies—offering assured returns and complete safety. Open FD account.
Also Read: NPS returns for Tier 1 and Tier 2