SECURE YOUR FUTURE WITH THE

Investments that will help you grow

#INVESTFORGOOD

Join NPS

DSP National Pension System banner
1Couple retire better
2Family secure future
3Girl secure future

Why Securing Your Financial Future is important?

Regular income ceases when you retire. Sure, there might be some amount of pension, but will it be enough to support your lifestyle?

What is National Pension System?

The National Pension System (NPS) was launched by the Government of India in 2004 to provide citizens with retirement income security. With the aim of creating a pensioned society, the NPS offers Indian citizens a sustainable, low-cost and tax-efficient way to save for retirement.
Mobile The National Pension System (NPS) was launched by the Government of India in 2004
to provide citizens with retirement income security. With the aim of creating a pensioned society, the NPS offers Indian citizens a sustainable, low-cost and tax-efficient way to save for retirement.

The scheme is regulated by the Pension Fund Regulatory and Development Authority and invests contributions in a market-linked manner to generate returns. A unique Permanent Retirement Account Number is provided to each subscriber for seamless portability across jobs and locations.

National Pension System is a voluntary, defined contribution pension system designed to expand pension coverage for Indian citizens in a flexible and affordable manner through regulated market-based returns. By providing a portable, low-cost and tax-efficient retirement savings account, the NPS aims to drive the creation of a pensioned society in India.

Read More

  • Retail NPS

    Take charge of your future now and invest for your golden years

    Click here about Retail NPS

  • Corporate NPS

    Make the most of the retirement benefits offered by your employer

    Click here about Corporate NPS

  • Government NPS

    Make the most of the retirement benefits offered by Govt of India

    Click here about Government NPS

  • NPS for NRI & OCI

    You can now plan your retirement with ease. Start your investment today and secure your future

    Click here about NPS for NRI & OCI

Benefits of NPS

The National Pension System (NPS) offers several key benefits that make it an attractive retirement savings option. NPS provides generous tax deductions

  • NPS offers tax deductions up to Rs.1.5 lakhs under Section 80C and an additional tax deduction of up to Rs.50,000 under Section 80CCD (1B).
  • NPS is a low cost retirement savings option due to low fund management charges.
  • Investors can choose from asset classes like equity, corporate bonds, government securities and alternate investment, as per their risk appetite.
  • NPS account can be easily managed online through the portal. Investors can monitor investments and returns.
  • Investors can withdraw up to 25% of own contributions before retirement for specific needs.
  • On maturity, investors can withdraw 60% as lumpsum and need to use 40% to purchase annuity for regular income.

  • Tax benefits

    NPS offers tax deductions up to Rs.1.5 lakhs under Section 80C and an additional tax deduction of up to Rs.50,000 under Section 80CCD (1B).

  • Low Cost

    NPS is a low cost retirement savings option due to low fund management charges.

  • Flexible Investment Options

    Investors can choose from asset classes like equity, corporate bonds, government securities and alternate investment, as per their risk appetite.

  • Easy Online Access

    NPS account can be easily managed online through the portal. Investors can monitor investments and returns.

  • Partial Withdrawals

    Investors can withdraw up to 25% of own contributions before retirement for specific needs.

  • Annuity Options

    On maturity, investors can withdraw 60% as lumpsum and need to use 40% to purchase annuity for regular income.

NPS Vs. Other Investment Products

Comparison of the Features and Benefits of National Pension System and other Investment options:
  • Purpose
  • Investment Flexibility
  • Guaranteed Pension Income
  • Tax Deductions
  • Transparency
  • Purpose
  • Investment Flexibility
  • Guaranteed Pension Income
  • Tax Deductions
  • Transparency

  • Mutual Fund

    • Long term wealth creation
    • Investment Flexibility Wealth creation check
    • Guaranteed Pension Income Wealth creation cross
    • Up to ₹ 1.5 Lakh under ELSS schemes
    • Transparency Wealth creation check

  • NPS

    • Retirement savings
    • Investment Flexibility Retirement savings check
    • Guaranteed Pension Income Retirement savings check
    • Up to ₹ 2 Lakh
    • Transparency Retirement savings check

  • PPF

    • Long term savings
    • Investment Flexibility Long term savings cross
    • Guaranteed Pension Income Long term savings cross
    • Up to ₹ 1.5 Lakh
    • Transparency Long term savings cross

Frequently Asked Questions

Here are some frequently asked questions about NPS.

National Pension System (NPS) is a pension scheme introduced by the Government of India for the citizens of India to provide them with a regular source of income after their retirement.

NPS is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). Custody of funds and securities is administered through centralized infrastructure controlled by NPS Trust.

NPS is a pension scheme that provides a regular source of income after retirement, while other investment options like mutual funds or fixed deposits are used for wealth creation. NPS also offers a tax-efficient way of saving for retirement.

NPS invests in a mix of assets such as equity, bonds, and alternative investments to ensure adequate returns. It also allows its investors to choose their investment mix based on their risk appetite and investment goals.

Yes, NPS investments can be partially withdrawn for specific purposes such as higher education, housing, and medical emergencies as per the prescribed rules and regulations.