National Pension Scheme

Your pathway to Tax-Efficient Retirement Planning!

Save taxes upto ₹62,400/-* per year

Save taxes upto ₹62,400/-* per year

Lowest cost investment plan

Lowest cost investment plan

Better returns compared to other retirement products

Better returns compared to other retirement products

Regular income after retirement

Regular income after retirement


Invest in NPS

NPS Overview

The National Pension Scheme (NPS) is a Government of India initiative designed to provide a cost-effective & tax-efficient retirement benefit for all Indian citizens. NPS aims to cultivate a savings habit specifically for retirement among individuals. Under NPS, individual savings are pooled into a pension fund and managed by professional fund managers. Individuals can choose to invest a portion of their savings under NPS to ensure a financially secure retirement and a regular income when they turn 60. Upon retirement, a minimum of 40% of the contribution is used to secure a lifetime pension, with the remainder paid out as a lump sum.

Save upto 4.5L in taxes with just ₹5k monthly investment

If you invest ₹5k monthly, at retirement age(assuming 60) you’ll get:

₹1.30Cr as lumpsum on maturity

₹1.30Cr as lumpsum on maturity

₹47.01K/month as pension

₹47.01K/month as pension

Save ₹45.68L in Expenses

Save ₹45.68L in Expenses

Exemption of 4.50L in Taxes

Exemption of 4.50L in Taxes

Save ₹19.60L in Capital Gains Tax

Save ₹19.60L in Capital Gains Tax

NPS Fund Managers

Top Fund Managers

5Y Returns %

AUM (Rs Cr)

Inception Date

No. of investors

Aditya Birla Sunlife Pension Fund13.5051,216.999-May-1748,420
Axis Pension FundNA1,316.7821-Oct-2247,974
HDFC Pension Fund14.199566,471.161-Aug-131,808,230
ICICI Prudential Pension Fund14.327523,291.5718-May-09686,874
Kotak Mahindra Pension Fund14.5623,883.1715-May-09106,329
LIC Pension Fund13.70612,141.6623-Jul-13398,178
Max Life Pension FundNA529.8712-Sep-2210,256
SBI Pension Fund13.28239,175.6215-May-091,586,682
Tata Pension FundNA345.2119-Aug-2219,832
UTI Retirement Solutions Fund13.5484,473.7221-May-09117,555
DSP Blackrock Pension FundNA15.7426-Dec-23314

**The return rate is shown for the aggressive plan of NPS

Why choose NPS for investments?

  • Annual Tax Benefit up to ₹62,400/-*

    Avail an additional deduction of up to Rs. 50,000 under Section 80 CCD(1B) over and above the Rs. 1.5 Lakh deduction under Section 80C. Investments up to Rs. 1.5 Lakhs are eligible under Section 80C

  • Lowest Cost Investment Plan

    NPS involves an annual fee of less than 0.02% of the investment value compared to 0.5% in Index Fund, 1% in Direct Fund & 2% in Regular Fund.

  • Regular Pension post Retirement

    Under NPS, you’ll get regular pension income after retirement. Up to 60% of the accumulated corpus can be withdrawn at retirement age, while the remaining corpus can be converted into an annuity, ensuring a consistent pension income.

  • Quick - Paperless Account Setup

    With INDmoney, you can create an NPS account with the fastest online account opening experience & start investing within minutes.

  • Save Taxes on Withdrawal

    NPS investments are exempt from Capital Gains Taxes. This means, you will save in capital gains taxes on your NPS investments at the age of your retirement compared to Equity Mutual Fund investments(LTCG 10%)

  • Low Risk & Secure Investment Plan

    All your funds are managed by professional fund managers and invested across secure diversified portfolios comprising Government Bonds, Bills, Corporate Debentures, and Shares. You can flexibly contribute at any point during the financial year and adjust the saved amount annually.

Track NPS Payments Online

Track NPS Payments, Check Balance - Free


Frequently Asked Questions

INDmoney(POP) incurs the following charges for opening and maintaining your NPS account:

New registration for NPS account₹ 200/-One Time
Any subsequent transactions

0.25% of contribution,

Min. Rs 20 Max. Rs 25000

For each transaction
Non-Financial Charges For each transaction
Persistency Charges Once a year

Additionally, below are the charges incurred by NSDL (a central record keeping agency appointed by PFRDA) for managing your NPS account.

TypeChargesFrequencyMode of deduction
New registration for NPS account₹ 40/-One TimeThrough deduction of units
Annual maintenance charges₹69/-Once a year
Any subsequent transactions₹3.75/-For each transaction

The National Pension Scheme (NPS) is open to:

  • Any Indian Citizen (resident or non-resident) and Overseas Citizen of India (OCI)
  • Individuals aged between 18-65 years
  • Those compliant with Know Your Customer (KYC) norms

However, Hindu Undivided Families (HUFs) and Persons of Indian Origin (PIOs) are ineligible for NPS subscriptions. NPS operates as an Individual Pension Account and cannot be opened on behalf of a third person. The applicant must be legally competent to execute a contract as per the Indian Contract Act.

Please note: With INDmoney, NPS account opening is exclusively available for Resident Indians.

Tax benefits under NPS include:

  • Tax benefit of up to 10% of the basic salary + DA under section 80 CCD(1) within the cumulative Rs. 1.5 lakh limit under section 80C.
  • Additional deduction benefit of Rs. 50,000 under 80CCD (1B).

NPS contributions to Tier I and Tier II accounts have specific minimum thresholds without an upper limit for contributions. Failure to contribute can result in an account freeze, requiring payment of the total minimum contributions for the freeze period to unfreeze the account.

DescriptionTier ITier II
Minimum contribution while opening account₹ 500/-₹ 100/-
Minimum contribution per annum₹ 1000/--
Minimum amount per contribution₹ 500/-₹ 250/-
Minimum frequency of contributions every year1-

Note: As of now, with INDmoney, Tier II account investments are not available.

Yes, EPF/PPF individuals can voluntarily subscribe to NPS along with any other pension scheme(s). However, an individual cannot possess multiple NPS accounts.

NAV will be applicable of the date on which funds are received by the Pension Funds (within the cut-off time). The expected NAV date on your order would be 2 business days after your payment completion.

Subscriber is allowed to register up to three nominees in NPS. Yes, a minor can be a nominee. In such cases, Subscriber will be required to provide guardian's details and date of birth of the minor.

There is a minimum lock-in period of 3 years for NPS investment. After completion withdrawal from the NPS account follows specific conditions:

Normal Withdrawal (at retirement):

At the age of 60 (if joined before 60), 60% of the corpus can be withdrawn as a lump sum, and a minimum of 40% must be used for purchasing an annuity plan. If the corpus is less than ₹2 lakhs, the entire amount is paid as a lump sum.

Withdrawal before retirement.

  • Partial Withdrawal: After 3 years, up to 25% of contributions can be withdrawn for specific reasons such as illness, disability, education, marriage, property purchase, or starting a venture. This can be done thrice during the tenure in NPS.
  • Premature Withdrawal: After 5 years, up to 20% can be withdrawn as a lump sum, and a minimum of 80% must be used for an annuity plan. If the corpus is less than ₹2.5 lakh, the entire amount is paid as a lump sum.
  • In case of death: Nominee/legal heir can withdraw the entire corpus or purchase annuity.
  • Visit the "Help Center" from your profile or click the "Help Center" button (bottom right) on the Dashboard.
  • Select the "NPS" section and choose the relevant topic or raise a ticket if needed.
  • For direct contact, refer to the provided email address.


All complaints will be handled following applicable PFRDA Regulations. An acknowledgment will be sent within 3 working days, along with a unique reference number for future communication. Efforts will be made to address concerns within 30 days.

If there's a delay in the Turnaround Time (TAT) benefit redressal, you can escalate concerns to the Central Grievance Management System (CGMS). Alternatively, you may register your complaint directly with the NPS Trust.


INDmoney is 100% Safe and Secure!

Your security and privacy are our top priority!

  • ISO Certification Icon


    ISO Certified

  • Audited By Icon

    Audited by

    cert-in empanelled auditors

  • Secured Icon

    AES 256-BIT

    SSL Secured


Your personal information is protected.

With AES 256-bit encryption and TLS 1.3 secure data in transit.


Trusted by 10 million+ happy investors

Open your account in a minute. Invest in Indian Stocks, US Stocks, Mutual Funds, ETFs, Fixed Deposit and NPS.