The National Pension System (NPS) is a low-cost investment that aims at accumulating funds for retirement. All investments that are linked to market-returns have certain charges. Such charges basically eat into the returns and hence the lower the charges, the better will be the maturity value, assuming the growth is the same. Most important of […]Continue Reading..
A lot of consumers ask very basic questions on National Pension System (NPS) like- what is the process of opening an NPS account, where to open an NPS account, what is the process to take out money from my NPS account and so on. Well, NPS account can be opened both online and offline and transactions can […]Continue Reading..
Atal Pension Yojana (APY) is a guaranteed pension scheme, launched in the year 2015 which primarily targeted especially the poor, the underprivileged, and the workers in the unorganized sector. This scheme is government-backed and is administered by the Pension Fund Regulatory and Development Authority (PFRDA). Through this scheme, people from the unorganized sector can save for […]Continue Reading..
NPS for Traders and Self Employed Persons: Modi (PM Modi) government is running various schemes for every category. – The government started the scheme of giving pension scheme to the businessmen of the country. Under NPS for Traders and Self Employed Persons (NPS) scheme, the applicant gets pension after 60 years. It is a matter […]Continue Reading..
Under Atal Pension Yojana , pension is provided for people working in unorganized sectors. It is a social security scheme. Under this, you can be entitled to pension every month by depositing less money. It was started by the central government in 2015. Crores of countrymen have joined the scheme. Under this scheme, you can arrange a pension ranging from Rs […]Continue Reading..
The ongoing COVID-19 pandemic has once again highlighted the importance of investing wisely for a rainy day. Choosing a good pension plan is certainly an imperative. Atal Pension Yojana (APY), the flagship social security scheme of the government promises to deliver old age income security particularly to the workers in the unorganised sector. APY provides […]Continue Reading..
National Pension System (NPS) subscribers can now opt for e-PRAN card at cheaper rates. Pension fund regulator PFRDA has given subscribers the option of choosing in between physical and e-PRAN cards with both being treated equivalent for all purposes. “NPS subscribes have hitherto been provided with a physical PRAN (Permanent Retirement Account Number) card along with […]Continue Reading..
Hello friends, if you want to secure your money for the future of your parents and find a scheme that has maximum returns on investment, you should all know about this “Vaya Vandana Yojana” of the central government. One time amount can be invested in this Vaya Vandana scheme launched by the government. If you […]Continue Reading..
From now on, Atal Pension Yojana (APY) subscribers can increase or decrease the pension amount under the scheme any time during the year. The Pension Fund Regulatory and Development Authority (PFRDA) has asked all banks to process upgrade/downgrade of pension amount requests of APY subscribers throughout the year with effect from July 1, 2020. Subscribers can update pension amount […]Continue Reading..
The Pension Fund Regulatory and Development Authority has extended the date of applicability of a new rule for NPS account opening through Online PRAN Generation Module (OPGM). A PFRDA circular said, “Based on requests received from several Points of Presence (PoPs) and considering the prevailing situation, the advisory issued vide circular dated 20th April 2020 […]Continue Reading..