What are the benefits of NPS?

The benefits of NPS are:

• It is voluntary - A Subscriber can contribute at any point of time in a financial year and also change the amount he wants to set aside and save every year.

• It is simple - Subscriber is required to open an account with any one of the POPs (Point of Presence).

• It is flexible - Subscribers can choose their personal investment options and pension fund and see their money grow.

• It is portable - Subscribers can operate their account from anywhere, even if they change the city or employment.

• It is regulated - NPS is regulated by PFRDA, with transparent investment norms and regular monitoring and performance review of fund managers by NPS Trust.