What is NPS?
NPS is a voluntary, simple, regulated, portable and flexible pension system that allows you to make small but consistent savings for your retirement.
Key Benefits of NPS
NPS is an attractive retirement planning solution, with the following benefits
Low Cost Product
Charge structure for NPS are low as compared to several market linked products. This has a positive impact of subscriber’s portfolio in the long run.
Flexible
Subscribers can choose their own investment option and pension fund and see their money grow.
Voluntary
NPS is open to every Indian Citizen. A subscriber can choose the amount he wants to set aside and save every year.
Portable
Subscribers can operate their account from anywhere in the country, even if they change the city, job or their pension fund manager.
Simple
All the subscriber has to do is to open an account with any one of POPs (Point Of Presence) or apply online using Aadhaar or PAN and get a PRAN.
Regulated
NPS is regulated by PFRDA, with transparent investment norms and regular monitoring and performance review of fund managers by NPS Trust
Why KFintech CRA?
- Branch presence in more than 200 locations across India
- Low Charges for Account Opening, Account Maintenance Charge & Transaction Charge
- Local Support available in various districts
- 24X7 access for all the online requests and user friendly interface
- Instant SMSs and Emails alert facility
Why KFintech CRA?
- NPS, regulated by PFRDA, offers a robust yet transparent platform which allows an individual to do retirement planning in a cost effective way
- Under NPS, Tier I is the primary account where you contribute to build a retirement corpus
- The NPS architecture also offers you an investment option in form of Tier II account, where you can withdraw your investments at any point of time. There are no separate Annual Maintenance Charges (AMC) for Tier II account
- You can also switch funds from Tier II to Tier I account online
- If you have not yet opened your NPS account, please get in touch with your associated POP/POP-SP or visit our website https://enps.kfintech.com
