November 05, 2024 16:12 (IST)
NPS
Department of Posts starts providing NPS services through online mode
New Delhi: The postal department has launched the National Pension Scheme (All Citizen Model) through online mode, effective from April 26, 2022.
Department of Posts, under the Ministry of Communications (DoP) has been providing the National Pension Scheme (NPS-All Citizen Model Scheme), a voluntary pension scheme of the government of India.
The scheme is managed by the Pension Fund Regulatory and Development Authority(PFRDA) through its designated Post Offices since 2010 through a physical process system.
Any person, who is a citizen of India in the age group of 18-70 years of age group, can avail of this online facility by visiting the official website of the Department of Posts (www.indiapost.gov.in) under the menu head "National Pension System -Online Services".
The specific link is https://www.indiapost.gov.in/ Financial/Pages/Content/NPS. aspx
Facilities like new registration, initial/ subsequent contribution and SIP options under NPS Online are available to the customers at minimum charges for all services.
Any person, who is a citizen of India in the age group of 18-70 years of age group, can avail of this online facility by visiting the official website of the Department of Posts (www.indiapost.gov.in) under the menu head "National Pension System -Online Services".
The specific link is https://www.indiapost.gov.in/
Facilities like new registration, initial/ subsequent contribution and SIP options under NPS Online are available to the customers at minimum charges for all services.
NPS service charge of the Department is amongst the lowest.
The subscribers are also eligible for a tax deduction in NPS as per the declaration made by the Ministry of Finance from time to under sec. 80CCD 1(B).
This online facility may be availed by all eligible persons for NPS without physically visiting any post office and to enjoy the hassle-free experience at a minimum fee structure.
This online facility may be availed by all eligible persons for NPS without physically visiting any post office and to enjoy the hassle-free experience at a minimum fee structure.
NPS Online facility will go a long way in promoting National Pension Scheme (All Citizen Model) and will ensure a secured and dignified life of people in the country in their old age.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Xiaomi India president Muralikrishnan resigns as brand aims to reclaim smartphone market leadership Tue, Nov 05 2024
Noel Tata joins Tata Sons board, becomes first Tata family member since 2011 to serve on both boards at once Tue, Nov 05 2024
India's diesel market signals warning as growth slows down Tue, Nov 05 2024
Mahindra debuts Electric Origin SUVs Mon, Nov 04 2024
FPIs withdraw Rs 94,000 crore from Indian equities in October in worst monthly outflow Mon, Nov 04 2024
Telangana: Swiggy fined Rs 35,000 for inflating delivery distance to overcharge customers Mon, Nov 04 2024
Swiggy IPO set to hit the Street on Nov 6: Key things to know before subscribing to the issue Mon, Nov 04 2024
Oil prices rise by over $1 as OPEC+ delays output hike Mon, Nov 04 2024