NPS: The Central Government has announced many such schemes which provide good corpus for the salaried class at the time of retirement. Here we will tell you about one such scheme NPS i.e. National Pension System. If you are able to invest in this on time, then you can get the benefit of pension of up to 1.5 lakh rupees after retirement.
Who can open NPS account
You can open NPS account at any bank or post office wherever you want. For this, you have to deposit a minimum amount of 1000 rupees in NPS and at least 1000 rupees have to be deposited in this scheme.
You can invest in NPS in three ways
There are three investment options in the National Pension System – you can choose your mode from equity i.e. shares, government securities and corporate bonds. In this, more interest is available than savings, this scheme has given more returns than PPF account in the last 12 years. It has been informed in a conference that those investing in its equity mode have got returns of up to 12 percent.
Learn how to open NPS online, open NPS account
Now 22 banks are providing online NPS service and the information related to them will be found on the website of NSDL, so you can first go there and understand all the important things. To open e-NPS, click on Enps.nsdl.com/eNPS and click on New Registration and fill your details and mobile number. The registered mobile number will be verified by OTP and here you will have to fill the details of the bank account. Next, fill the name of the nominee. A canceled check of the account whose details have been given will have to be given. After this upload your photo and digital signature along with the canceled check. Fill your investment option in NPS which will be either Equity, G-sec or Corporate Bond. After making the payment, Permanent Retirement Account Number will be generated after which the payment receipt will come online.
Monthly pension from NPS can be up to Rs 1.5 lakh
By saving 10 thousand rupees every month in NPS, pension up to Rs 1.50 lakh can be arranged every month. Think of it in such a way that at the age of 26, you took an NPS of 10 thousand rupees and put 10 thousand in it every month. In this, take the option of at least 40 percent annuity in equity option. If you will get a return of up to 12 percent on this, then in the next 36 years you will put 40 lakh 80 thousand rupees in it. On this, when you calculate according to the return of 12 percent, then you can get a monthly pension of 1 lakh 50 thousand rupees.