National Pension System

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National Pension System

National Pension System is an investment cum pension scheme initiated by Government of India to provide old age security and pension to all citizens of India. It is an investment tool that provides market –based returns. Axis Bank has been appointed by PFRDA to acts as one of the Points of Presence (POP) for NPS.

There are two models available under NPS :

  • All Citizen Model- Available to all citizens of India
  • Corporate Sector Model- Provide NPS benefits to the employee of corporate entities