{"id":2274,"date":"2026-09-15T05:31:54","date_gmt":"2026-09-15T05:31:54","guid":{"rendered":"https:\/\/jumpp.finance\/blog\/?p=2274"},"modified":"2026-09-15T05:31:55","modified_gmt":"2026-09-15T05:31:55","slug":"national-pension-scheme","status":"publish","type":"post","link":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/","title":{"rendered":"National Pension Scheme (NPS): Benefits, Eligibility, Tax Benefits and How It Works"},"content":{"rendered":"<div class='main-article-wrapper'>\n<p class=\"wp-block-paragraph\">Retirement planning in India has traditionally relied on pensions, savings and family support, but the financial landscape has evolved. To help citizens build a secure and independent future, the Government of India introduced the NPS scheme. It encourages long-term, disciplined investing while offering transparency, flexibility and affordability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let us explore the NPS scheme details!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_the_National_Pension_Scheme_NPS\"><\/span>What Is the National Pension Scheme (NPS)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">NPS is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) under the PFRDA Act, 2013. PFRDA oversees the fund managers, sets investment norms, and ensures transparency for subscribers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is a long-term retirement savings scheme introduced by the Central Government to provide individuals with a steady income after retirement. It helps people build a pension corpus through disciplined and systematic investing during their working years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Features_of_NPS\"><\/span>What are the Features of NPS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">NPS features include being regulated and low-cost, with a flexible and portable account that offers market-linked returns.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Market-linked returns, with no fixed or guaranteed interest rate<\/li>\n\n\n\n<li>It is flexible. Choose your own Pension Fund Manager, investment scheme, and contribution amount<\/li>\n\n\n\n<li>Fully portable across jobs, cities, employers, and the public and private sectors<\/li>\n\n\n\n<li>Professionally managed by PFRDA-regulated Pension Fund Managers<\/li>\n\n\n\n<li>Tax benefits available under Sections 80CCD(1), 80CCD(1B), and 80CCD(2) of the Income Tax Act<\/li>\n\n\n\n<li>Manageable entirely online, from account opening to changing your investment choices<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_NPS_Works_in_India\"><\/span>How NPS Works in India?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here is the process of how NPS works:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Open an NPS account<\/strong> online through the eNPS portal, or offline through an authorised Point of Presence (PoP), such as a participating bank<\/li>\n\n\n\n<li><strong>Contribute regularly<\/strong> during your working years; Central and State Government employees, as well as employees at corporates that have adopted NPS, may also receive employer contributions<\/li>\n\n\n\n<li><strong>Choose your Pension Fund Manager and investment option<\/strong>, either Active Choice or Auto Choice, allocating across Asset Classes E (equity), C (corporate debt), and G (government securities)<\/li>\n\n\n\n<li><strong>Your corpus grows<\/strong> over time based on market performance and your chosen asset allocation<\/li>\n\n\n\n<li><strong>At exit<\/strong>, part of the corpus is withdrawn as a lump sum, and the remainder is used to purchase an annuity that provides a regular pension, as per PFRDA&#8217;s exit and withdrawal rules<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Types_of_NPS_Accounts\"><\/span>What are the Types of NPS Accounts?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">NPS scheme details include two account structures:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tier I is the default, mandatory pension account, and every NPS subscriber must open one first. Tier II is a voluntary add-on that requires an active Tier I account; it functions more like a flexible savings account than a pension account, since withdrawals are unrestricted.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Tier I Account<\/strong><\/td><td><strong>Tier II Account<\/strong><\/td><\/tr><tr><td>Purpose<\/td><td>Primary individual pension account<\/td><td>Optional flexible savings account<\/td><\/tr><tr><td>Withdrawal Rules<\/td><td>Restricted, governed by NPS exit and withdrawal regulations<\/td><td>Unrestricted; withdraw anytime<\/td><\/tr><tr><td>Minimum to Open<\/td><td>\u20b9500<\/td><td>\u20b91,000<\/td><\/tr><tr><td>Yearly Minimum Contribution<\/td><td>\u20b91,000<\/td><td>No minimum requirement<\/td><\/tr><tr><td>Tax Benefits<\/td><td>Eligible under Section 80C and 80CCD<\/td><td>Not eligible for most subscribers (exception: the Tier II Tax Saver Scheme, available only to eligible Central Government employees, with a 3-year lock-in)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Asset_Classes_in_NPS\"><\/span>Asset Classes in NPS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Under the All Citizen Model, the common asset classes are&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Asset Class E (equity and equity-related instruments)<\/li>\n\n\n\n<li>Asset Class C (corporate debt instruments)<\/li>\n\n\n\n<li>Asset Class G (government bonds and related securities)<\/li>\n\n\n\n<li>Asset Class A (Alternative Investment Funds such as REITs and AIFs<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Note: Asset Class A is available only in select NPS frameworks and is capped at 5% where offered, so most individual subscribers under the All Citizen Model invest across E, C, and G only.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Important allocation rules:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The contribution to Asset Class A cannot exceed 5%.<\/li>\n\n\n\n<li>The combined allocation across E, C, G and A must be exactly 100%.<\/li>\n\n\n\n<li>In Tier II accounts, you can allocate 100% to equity.<\/li>\n\n\n\n<li>In Tier I accounts, you can allocate up to 75% to equity.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Investment_Choices_in_NPS\"><\/span>What are the Investment Choices in NPS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Subscribers decide how to invest their contributions through two methods.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Option<\/strong><\/td><td><strong>How It Works<\/strong><\/td><td><strong>Allocation Limits<\/strong><\/td><\/tr><tr><td>Active Choice<\/td><td>You select the Pension Fund Manager, scheme, and percentage allocation yourself<\/td><td>Asset Class E up to 75%, C up to 100%, G up to 100%<\/td><\/tr><tr><td>Auto Choice<\/td><td>A life-cycle option that adjusts your allocation automatically as you age, shifting from equity toward safer debt instruments over time<\/td><td>Four life-cycle options: Life Cycle 25 (Low), Life Cycle 50 (Moderate), Life Cycle 75 (High), and Life Cycle Aggressive<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_NPS_Offer_a_Fixed_Interest_Rate\"><\/span>Does NPS Offer a Fixed Interest Rate?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No, NPS does not offer a fixed or guaranteed interest rate. It&#8217;s a market-linked scheme, so your returns depend on the investment option you choose, your asset allocation across equity, corporate debt, and government securities, and overall market performance. This makes it fundamentally different from traditional government-backed savings products like the PPF, which offer a fixed, government-declared rate.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_Can_Invest_in_NPS\"><\/span>Who Can Invest in NPS?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Criteria<\/strong><\/td><td><strong>Eligibility Status<\/strong><\/td><\/tr><tr><td>Eligibility<\/td><td>Indian citizens, resident or non-resident, and Overseas Citizens of India<\/td><\/tr><tr><td>Age<\/td><td>18 to 85 years<\/td><\/tr><tr><td>KYC Compliance<\/td><td>Mandatory<\/td><\/tr><tr><td>Account Ownership<\/td><td>Individual account only<\/td><\/tr><tr><td>Number of Accounts<\/td><td>Only one NPS account permitted per person<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under PFRDA&#8217;s current All Citizen Model, any Indian citizen, resident or non-resident, or Overseas Citizen of India (OCI), aged between 18 and 85, can voluntarily open an NPS account, subject to KYC compliance. Hindu Undivided Families (HUFs) and Persons of Indian Origin (PIOs) are not eligible to subscribe.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond voluntary individual participation, NPS also covers:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Central Government employees:<\/strong> Mandatorily covered if they joined service on or after 1 January 2004, except armed forces personnel; this has also been extended to employees of Central Autonomous Bodies<\/li>\n\n\n\n<li><strong>State Governments and State Autonomous Bodies:<\/strong> May adopt NPS for their employees based on their own respective policies<\/li>\n\n\n\n<li><strong>Corporate Sector:<\/strong> Companies can voluntarily adopt NPS for their workforce under the Corporate Sector Model, with eligibility set by the employer<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Are_the_Tax_Benefits_of_NPS\"><\/span>What Are the Tax Benefits of NPS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">NPS offers tax benefits under three sections of the Income Tax Act, though which ones apply depends on whether you&#8217;re under the old or new tax regime.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Section 80CCD(1):<\/strong> Deduction for your own contribution, up to 10% of salary (Basic plus DA) for employees or 20% of gross income for the self-employed, within the overall \u20b91.5 lakh combined limit under Sections 80C, 80CCC, and 80CCD(1). Available only under the old tax regime.<\/li>\n\n\n\n<li><strong>Section 80CCD(1B):<\/strong> An additional deduction of up to \u20b950,000 for your own NPS contribution, over and above the \u20b91.5 lakh limit above, taking your total possible deduction to \u20b92 lakh. Also available only under the old tax regime.<\/li>\n\n\n\n<li><strong>Section 80CCD(2):<\/strong> Deduction for your employer&#8217;s contribution to your NPS account. Available under both the old and new tax regimes, generally up to 14% of salary for government employees, and up to 10% of salary under the old regime or 14% under the new regime for private-sector employees.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">At retirement, you can withdraw up to 60% of the accumulated corpus as a tax-free lump sum under Section 10(12A). The portion used to purchase an annuity isn&#8217;t taxed at the time of purchase, though the pension income received from it later is taxable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Retirement planning is not only about building a corpus. Having adequate insurance coverage is equally important to protect your finances from unexpected expenses. Learn the <a href=\"https:\/\/jumpp.finance\/blog\/protecting-your-finances\/underinsured-meaning\/\" target=\"_blank\" rel=\"noreferrer noopener\">underinsured meaning<\/a> and why being underinsured can affect your financial security.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Open_an_NPS_Account\"><\/span>How to Open an NPS Account?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here is the process to open an NPS account online and offline:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Online<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Visit the official eNPS portal or the portal of your chosen Central Recordkeeping Agency (CRA), such as Protean, KFintech, or CAMS<\/li>\n\n\n\n<li>Complete registration using Aadhaar or PAN-based e-KYC<\/li>\n\n\n\n<li>Select your account type, Tier I or both Tier I and Tier II, along with your investment preference<\/li>\n\n\n\n<li>Upload the required KYC documents<\/li>\n\n\n\n<li>Make your initial contribution<\/li>\n\n\n\n<li>Receive your Permanent Retirement Account Number (PRAN) for future access<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Offline<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Visit a Point of Presence (PoP) appointed by PFRDA, such as a participating bank. Collect and submit the registration form (UOS-S1) at your nearest PoP Service Provider (PoP-SP), which you can locate through your CRA&#8217;s website.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Final_Thoughts\"><\/span>Final Thoughts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">NPS suits anyone who wants a disciplined, tax-efficient way to build a retirement corpus and is comfortable with returns that move with the market rather than a fixed, guaranteed rate. It&#8217;s less suited to those who need their savings fully liquid before retirement, given Tier I&#8217;s lock-in until age 60.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Looking for a pension plan with assured payouts? Read our detailed guide on the <a href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/pradhan-mantri-vaya-vandana-yojana\/\" target=\"_blank\" rel=\"noreferrer noopener\">Pradhan Mantri Vaya Vandana Yojana<\/a> to know eligibility, benefits and returns.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Track_Your_Own_Net_Worth_with_jUMPP\"><\/span>Track Your Own Net Worth with jUMPP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Curious what your own net worth looks like? jUMPP&#8217;s net worth calculator makes it simple to add up everything you own and subtract what you owe, so you always know exactly where you stand financially.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Simply open FinSights on the <a href=\"https:\/\/jumpp.finance\/download-app\" target=\"_blank\" rel=\"noreferrer noopener\">jUMPP app<\/a>, link your savings account securely, add your liabilities, and get an instant view of your net worth.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Disclaimer-<\/strong>&nbsp;The rankings and figures in this article have been compiled from multiple verified reports, credible news sources, and public financial data available as of 2026.<br>All values are approximate and may vary with newer updates, revisions, or changes in official records.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"National_Pension_Scheme_NPS_%E2%80%93_FAQs\"><\/span>National Pension Scheme (NPS) &#8211; FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1764219564927\"><strong class=\"schema-faq-question\"><strong><strong>What is NPS, and how does it work?<\/strong><\/strong><\/strong> <p class=\"schema-faq-answer\">NPS is a government-backed, market-linked retirement scheme regulated by PFRDA. You contribute regularly during your working years, the corpus grows based on market performance, and at retirement, part of it is withdrawn as a lump sum while the rest funds a monthly pension through an annuity.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1764219813775\"><strong class=\"schema-faq-question\"><strong><strong>What is NPS and its advantages?\u00a0<\/strong><\/strong><\/strong> <p class=\"schema-faq-answer\">NPS offers flexible contributions, tax benefits under Section 80CCD, low costs, and professional fund management, with portability across jobs.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1764219814395\"><strong class=\"schema-faq-question\"><strong><strong>Can a normal person invest in NPS?<\/strong><\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, any eligible Indian citizen or OCI aged 18 to 85 can open an NPS account voluntarily.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1764219815031\"><strong class=\"schema-faq-question\"><strong><strong>What are the risks of NPS?<\/strong><\/strong><\/strong> <p class=\"schema-faq-answer\">Because NPS is market-linked, returns fluctuate with equity and debt performance. Annuity rates at the time of retirement can also vary, which directly affects your eventual monthly pension.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1764219815592\"><strong class=\"schema-faq-question\"><strong><strong>What are the disadvantages of NPS?<\/strong><\/strong><\/strong> <p class=\"schema-faq-answer\">There&#8217;s no guaranteed fixed return, a portion of the corpus must compulsorily go toward an annuity purchase, and Tier I withdrawals are restricted until retirement. Annuity income is also taxable when received.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1764219816227\"><strong class=\"schema-faq-question\"><strong><strong>How to open an NPS account online?<\/strong><\/strong><\/strong> <p class=\"schema-faq-answer\">Visit the eNPS portal of your chosen CRA, complete Aadhaar- or PAN-based registration, select your account type and investment preference, upload KYC documents, make your initial contribution, and receive your PRAN.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1789449837834\"><strong class=\"schema-faq-question\"><strong>How many years will I get a pension from NPS?<\/strong><\/strong> <p class=\"schema-faq-answer\">Once you purchase an annuity at retirement, payments continue for life. The exact structure, such as single life, joint life, or return of purchase price, depends on the annuity option you select.<\/p> <\/div> <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><br><em>Sources:<\/em> <a href=\"https:\/\/www.pfrda.org.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><em>PFRDA<\/em><\/a> <em>and<\/em> <a href=\"https:\/\/npstrust.org.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><em>NPS Trust<\/em><\/a><br><\/p>\n<\/div><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-flat ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#What_Is_the_National_Pension_Scheme_NPS\" >What Is the National Pension Scheme (NPS)?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#What_are_the_Features_of_NPS\" >What are the Features of NPS?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#How_NPS_Works_in_India\" >How NPS Works in India?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#What_are_the_Types_of_NPS_Accounts\" >What are the Types of NPS Accounts?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#Asset_Classes_in_NPS\" >Asset Classes in NPS<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#What_are_the_Investment_Choices_in_NPS\" >What are the Investment Choices in NPS?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#Does_NPS_Offer_a_Fixed_Interest_Rate\" >Does NPS Offer a Fixed Interest Rate?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#Who_Can_Invest_in_NPS\" >Who Can Invest in NPS?&nbsp;<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#What_Are_the_Tax_Benefits_of_NPS\" >What Are the Tax Benefits of NPS?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#How_to_Open_an_NPS_Account\" >How to Open an NPS Account?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#Final_Thoughts\" >Final Thoughts<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#Track_Your_Own_Net_Worth_with_jUMPP\" >Track Your Own Net Worth with jUMPP<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/#National_Pension_Scheme_NPS_%E2%80%93_FAQs\" >National Pension Scheme (NPS) &#8211; FAQs<\/a><\/li><\/ul><\/nav><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Retirement planning in India has traditionally relied on pensions, savings and family support, but the financial landscape has evolved. To help citizens build a secure and independent future, the Government of India introduced the NPS scheme. It encourages long-term, disciplined investing while offering transparency, flexibility and affordability. Let us explore the NPS scheme details! What &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/national-pension-scheme\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;National Pension Scheme (NPS): Benefits, Eligibility, Tax Benefits and How It Works&#8221;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":2292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1001],"tags":[1160,1158,1159,5091,5093,5096,1157,5098,1162,1152,5094,1156,5097,5092,1161,5103,5095,5099,5101,5102,5100,1164,1155],"class_list":["post-2274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance","tag-how-nps-works","tag-how-to-invest-in-nps","tag-how-to-open-nps-account-online","tag-national-pension-scheme","tag-national-pension-system","tag-nps-account","tag-nps-benefits","tag-nps-contribution","tag-nps-eligibility","tag-nps-full-form","tag-nps-in-india","tag-nps-interest-rate","tag-nps-investment","tag-nps-meaning","tag-nps-minimum-contribution","tag-nps-retirement-planning","tag-nps-scheme","tag-nps-tax-benefits","tag-nps-vs-epf","tag-nps-vs-ppf","tag-nps-withdrawal-rules","tag-types-of-nps-account","tag-what-is-nps"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is National Pension Scheme? 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