What is NPS ( National Pension System )?

National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme designed to enable the subscribers to make optimum decisions regarding their future through systematic savings during their working life

Under the NPS, individual savings are pooled in to a pension fund which are invested by PFRDA regulated professional fund managers in to the diversified portfolios comprising of government bonds, bills, corporate debentures and shares. These contributions grow and accumulate over the years, depending on the returns earned on the investment made.

Requirement for opening NPS Account

  • Requirement for opening NPS Account Mobile number and Email ID.

  • Active Bank account with Net Banking facility with one of the Banks linked with Payment Gateway Service Provider .

  • Scanned copy of photograph (Optional) and signature within stipulated size.

  • Scanned copy of cancelled cheque supporting the bank account details provided for registering under NPS.

  • paste photograph, sign the application and write a cheque for contribution.

  • Online payment of initial contribution (Minimum amount ₹ 500) through Internet Banking.

For any assistance, you may write to nps@religare.com or call us at 0120 4868793/94/95.