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National Pension System (NPS) is a pension scheme introduced by the government of India. This investment product was introduced in order to help the investors create a retirement corpus and avail pension during the post-retirement phase of their life. The scheme is designed to offer market-linked returns to the subscribers i.e. the pensioners. The scheme is regulated by the ‘Pension Fund Regulatory and Development Authority (PFRDA)’. The scheme is extended to every Indian Citizen, whether resident or non-resident. Government Employees, Non-Government Employees and Self-Employed, every Indian Citizen can invest under this scheme.
The National Pension scheme managed by HDFC Pension Management Company Limited is a perfectly created products for subscribers who want a good retirement planning. The National Pension Scheme is designed to collect investment from the investors during their employment years and give it back to the subscribers at the time of their retirement along with returns earned. Subscribers can avail a lump sum benefit at the time of retirement along with pension to curb the financial need arising post-retirement. The National Pension Scheme is a well-designed and curated investment product that offers hassle-free opportunity to create a reasonable retirement corpus by investing the money in market-based instruments like equity bonds, government bonds, corporate bonds etc. Let us understand the features and benefits offered by the National Pension Scheme managed by HDFC Pension Management Company Limited.
The National Pension Scheme offers not one but many exquisite features to the subscribers. NPS allows a unique investment opportunity to Individuals who wish to create a corpus of money through long-term saving and investment. Following are some of the key highlight features of the HDFC National Pension Scheme:
Thus, by over viewing the performance of various fund managers, you can easily switch your NPS account from one fund manager to another. National Pension Scheme funds managed by HDFC are well managed. Hence, if your current fund manager is not doing justice to your investments, then you can switch to National Pension Scheme’s managed by HDFC Pension Management Company Limited.
The subscribers of the National Pension Scheme account can enjoy the following benefits-
Subscribers need to fulfill the below mentioned eligibility criteria in order to apply for the National Pension Scheme:
Following is the list of relevant KYC documents needed for opening of NPS account with HDFC:
The process of opening the NPS account with HDFC is very simple and quick. Subscribers can activate their NPS account via online channel. The account can be opened from any corner of the globe within few clicks. Following is the step-by-step guideline that will help you in opening the NPS account with HDFC quickly and hassle-free.
How can I open a national pension scheme in HDFC?
You can open National Pension Scheme account with HDFC bank in two ways namely: online channel and offline channel. The online channel consists of filling the application form online and paying fees online. While in case of offline channel, the prospective subscriber needs to visit the nearest HDFC bank branch to open the account.
How can I open a national pension scheme?
You can open a national pension scheme account either online or by visiting the nearest point of presence counter of the NPS. For online account opening, kindly visit the given link: enps.nsdl.com/eNPS/NationalPensionSystem.html
How much can I invest in NPS?
There is no ceiling or maximum limit on the amount of contribution that can be made under the NPS accounts.