Regulated
NPS is regulated by Pension Fund Regulatory and Development Authority (PFRDA), with transparent investment norms, regular monitoring and performance review of fund managers by NPS Trust.

Low Cost
NPS is the world’s lowest cost pension scheme with 0.01% as fund management charges. Other handling and administrative charges are also the minimal.

Online platform
On joining NPS, each subscriber gets a Login ID and Password from NSDL (CRA) for accessing NPS details online.

Flexibility
It offers choice of Investment Options, Pension Fund Managers, Annuity Service Providers and Annuity Plans to subscribers

• Investment mix- NPS subscriber can change his investment allocation across Equity scheme, Corporate bond scheme, Govt. Securities Scheme, Alternate Investments scheme twice a year.

• Pension Fund managers - A subscriber has an option to change Pension Fund managers once in a financial year.

• Retirement age - A subscriber can choose his retirement age subject to completion of 10 years in NPS.

• Contribution - A subscriber can increase or decrease his contribution to NPS every year subject to a minimum contribution of 1000 annually.

Unlike EPF (Employee Provident Fund) where the Employer and the Employee makes equal contribution towards the employee’s EPF account, NPS offers flexibility as mentioned below:

• Equal contribution from Corporate/Employer and Employee

• Un–equal contribution from Corporate and Employee

• Contribution either from Corporate or from Employee

Minimum Contributions for Tier-I Account
Minimum amount per contribution -500
Minimum contribution per year - 1000
Minimum number of contributions - 01 per year

Minimum Contributions for Tier-II Account
Minimum contribution at the time of account opening -1000
Minimum amount per contribution -250
Minimum balance of 2000/- at the end of each financial year
Minimum number of contributions - 01 per year

Portable
You can operate your NPS account from anywhere in India. A large number of entities working as Points of Presence (POPs) licensed by the PFRDA provide easy access as NPS service centers. You can therefore operate your NPS account even if you have moved cities, changed jobs or Pension Fund Managers.