National Pension Scheme
The National Pension Scheme (NPS) is a government-sponsored, voluntary retirement savings scheme in India, designed to help individuals build a retirement corpus and receive a regular income after retirement. It's regulated by PFRDA (Pension Fund Regulatory and Development Authority).
Eligibility
- Indian citizens aged 18-70 years (including NRIs).
- Builds a long-term retirement corpus through disciplined savings.
- Offers regular pension (annuity) after retirement.
