PFRDA

BIG change in NPS! Rule related to contribution via credit card modified, check new guidelines

The PFRDA has changed a rule related to contribution to the funds via credit cards. 

Aug 04, 2022, 14:58 PM IST

Open NPS account via mobile phone by just scanning a QR code – Details here

The Pension Fund Regulatory and Development Authority (PFRDA) and Bank of India launched the digital platform for NPS enrolment in association with K-fintech.

Jul 18, 2022, 10:47 AM IST

No need to physically visit post office, NPS services now available online –Here is all you can avail

Department of Posts is providing NPS through online mode with effect from 26 April 2022.

Apr 29, 2022, 11:22 AM IST

PFRDA to discuss with Centre proposal to hike equity exposure in NPS to 75% for govt employees

PFRDA has said it will discuss with the Centre a proposal to raise equity exposure in NPS to up to 75 per cent for the willing government employees, as is the case with the private sector employees.

Jan 21, 2022, 21:47 PM IST

Atal Pension Yojana: Save Rs 7 daily to get Rs 60,000 pension, check how to invest

Atal Pension Yojana was launched by Prime Minister Narendra Modi on 9 May 2015.

Jan 20, 2022, 18:30 PM IST

Good news for NPS subscribers! Soon, change investment pattern 4 times in a financial year

PFRDA is soon going to allow NPS investors to change their investment pattern up to four times in a financial year. 

Jan 19, 2022, 15:39 PM IST

Secure your spouse’s future with NPS: Here’s how to get Rs 44,793 monthly pension, other perks

One can invest in NPS to secure the future of their spouses, as the scheme ensures a guaranteed monthly income. 

Dec 22, 2021, 20:19 PM IST

PFRDA allows investors to invest in Atal Pension Yojana via Aadhaar eKYC

PFRDA has allowed Aadhaar eKYC as an additional option to onboard more customers under its flagship pension scheme Atal Pension Yojana. 

Oct 31, 2021, 15:46 PM IST

Now, open Atal Pension Yojana account using Aadhaar e-KYC on PFRDA --Know how to do it online

The total number of NPS and APY subscribers as of October 23, 2021 is 466.90 lakh.

Oct 29, 2021, 09:59 AM IST

Good news for government employees! PFRDA allows online paperless exit process through NPS, know details

The online exit would be integrated with Instant Bank Account Verification as per the existing guidelines as part of enhanced due diligence in the interest of Subscribers. 
 

Oct 06, 2021, 15:54 PM IST

PFRDA accords approval to Tata Asset and Max Life for setting up pension funds

The Pension Fund Regulatory and Development Authority (PFRDA) in July had opened 'on tap' registration of pension fund managers.

Oct 01, 2021, 16:39 PM IST

PFRDA new rule for premature exit processing of Atal Pension Yojna subscribers --Read full guideline here

PFRDA on September 3 announced new guidelines for facilitating timely transfer of withdrawal amount in the Bank Account of APY Subscribers and also as an additional due diligence to protect their corpus lying in the Permanent Retirement Account Number (PRAN). 

Sep 07, 2021, 17:03 PM IST

Big news for pensioners! Entry age under NPS increased, check details here

Any Indian Citizen, resident or non-resident and Overseas Citizen of India (OCI) between the age of 65-70 years can join NPS and continue or defer their NPS Account up to the age of 75 years.

Aug 30, 2021, 12:43 PM IST

National Pension Scheme: Subscribers joining NPS after 65 can invest up to 50% of funds in equities

However, for subscribers joining the retirement plan beyond the age of 65 years, the maximum equity exposure will be capped at 15% to invest under the default 'Auto Choice' option.

Aug 29, 2021, 15:50 PM IST

NPS Withdrawal: 10 most common reasons why money is not credited into your savings bank A/c

PFRDA has identified 10 most common reasons why Money is not credited into the Savings Bank Account of the NPS subscribers.

Jul 30, 2021, 13:23 PM IST

NPS Subscribers alert! Know how PFRDA's Penny drop facility will ensure timely credit of fund withdrawal

In order to resolve the issue of return of remittances and to protect the interest of subscribers with timely credit of amount, PFRDA has devised a facility called ‘penny drop’.

Jul 28, 2021, 12:37 PM IST

Big news for pensioners! NPS withdrawal rules changed, check details here

Pension Fund Regulatory and Development Authority has now allowed NPS subscribers to withdraw the entire accumulated pension wealth without purchasing annuity if the pension corpus is less than Rs 5 lakh.

Jun 17, 2021, 09:05 AM IST

Good news for NPS subscribers! Pensioners may be allowed to withdraw their entire lifetime contribution with higher threshold

Any individual citizen of India (both resident and Non-resident) in the age group of 18-65 years (as on the date of submission of NPS application) can join NPS.

May 20, 2021, 08:38 AM IST

National Pension System update! Entry limit age may be increased to 70 years

The Indian government had launched National Pension System (NPS) in 2009. The scheme offers an investment opportunity to all organised sector employees working in India.

Apr 17, 2021, 12:32 PM IST

Good news for NPS subscribers! PFRDA to raise entry age limit to 70 years, exit to 75

PFRDA is also planning to give its subscribers an option of parking 40 per cent of the corpus that is mandatory to purchase an annuity at the time of retirement with a pension fund manager to get better benefits.

Apr 16, 2021, 13:58 PM IST