The National Pension System (NPS) recently added around one million new retail member as it grew 22 per cent in fiscal 2023, PFRDA (Pension Fund Regulatory and Development Authority) data shows.

Announced in Budget 2024-25, NPS Vatsalya is a contributory pension scheme for minor subscribers that enables parents or guardians to create a retirement corpus on behalf of their children. The NPS ...

Federal Bank has announced the launch of NPS Vatsalya, a pension scheme focused on minors and designed for parents aiming to secure their children’s future, the bank said in a release on September 26.

National Pension System (NPS) is among the most sought-after retirement investment in India, providing tax relief and long-term wealth generation. To open an NPS account, investors can use either the ...

NPS Vatsalya, which was launched on September 18, 2024 by the Union Finance Minister Nirmala Sitharaman, registered 9,705 minor subscribers on Day 1. The scheme referred to as the National Pension ...

Did you know that Overseas Citizens of India (OCI) cardholders, who are individuals of Indian heritage presently holding foreign citizenship, are allowed to hold an NPS (National Pension Scheme) ...

With the rising cost of education, securing a child’s future has become a top priority for parents. To help parents build a disciplined saving habit, the Indian government introduced the NPS Vatsalya ...