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About Us

Aditya Birla Capital Limited (“ABCL”) is a listed systemically important non-deposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses. Through its subsidiaries/JVs, ABCL provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Over 1,482 branches and more than 200,000 agents/channel partners along with several bank partners.

Nationwide Branches

1,482

No. of Employees

59,000

Agents/Channel Partners

2,00,000+

Aggregate Assets

INR 3,550 Billion

Active Customer Base

39 Million

Consolidated Lending Book

INR 699 Billion

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NPS Scheme - National Pension System

Plan a worry-free retirement with NPS - the government-backed retirement savings plan.

Step 1

Step 2

Step 3

Finish

165+

YEARS OF EXCELLENCE

3.8+ Cr.

ACTIVE CUSTOMER BASE

1300+

BRANCHES ACROSS INDIA

₹3.9 Lakh Cr.

AUM AS OF JUNE, 2023

What is NPS ?

NPS is a long-term investment for your retirement. It is managed by the Pension Fund Regulatory and Development Authority (PFRDA), and the NPS Trust. The National Pension System (NPS) provides tax benefits along with historically observed double-digit compounding of savings.

Upon retirement, subscribers receive a tax-free lump sum, along with a monthly pension.
It involves regular contributions to build a retirement fund.
It is the most cost-effective method for obtaining professional management of your retirement fund.

Why Choose NPS?

Tax Savings

Market-Linked Growth

Flexible & Affordable Contributions

Portable Account

Benefits of Investing in National Pension Scheme

Tax Savings

Tax deductions under Section 80CCD(1B) of the Income Tax Act.

Retirement Income

Post retirement, subscribers receive a tax-free lumpsum plus monthly pension amount.

Government-Backed

A secure and reliable investment option backed by the Government of India.

Investment Growth

Potential for long-term growth through diversified investments.

How does the National Pension System (NPS) work?

Contributions

You contribute regularly to your NPS account, either through regular instalments or lump sum payments.

Investment

Your contributions are invested in a diversified portfolio of assets, such as government securities, corporate bonds, and equities.

Growth

Your investments grow over time based on market performance and your chosen asset allocation.

Retirement

Upon retirement, subscribers receive a tax-free lump sum along with a monthly pension payment.

Annuity

Between 40% and 100% of the final NPS corpus must be allocated to a registered annuity plan to ensure a lifelong pension payout.

How To Open an NPS Account ?

1step

Sign up

Simply download and open your ABCD App and select ‘NPS’ under Invest.

2step

Check for an existing account

Check if you already have an NPS account. If yes, you will be given an option to transfer your existing account from another Points of Presence (PoP) to ours.

3step

Complete your KYC

Complete your KYC (via Aadhaar/PAN)

4step

Choose your NPS account type

Tier 1: Primary retirement account with tax benefits.
Tier 2: Flexible account for voluntary savings.

5step

Select Your Fund Manager & Asset Allocation

You can choose from fund managers.

6step

Start Contributing and Track Your Returns

Decide on an amount that you are comfortable with. Contribute consistently and keep a check on your returns.

Compare NPS Tier I & Tier II

Particulars	Tier I	Tier II
Minimum Initial Contribution	₹500	₹1000
Minimum Subsequent Contribution	₹500	₹250
Minimum Annual Contribution	₹1000	Nil
Minimum Contributions per Year	₹6000	Nil
	APPLY NOW	APPLY NOW

NPS Investment Options

Customisation

You control your portfolio by allocating funds across four asset classes - Equity (high risk, high potential return), Corporate Bonds, Government Securities (low risk), and Alternate Assets (high volatility, 5% cap).

Ideal for

Investors who are comfortable with market fluctuations, risk management, and actively rebalancing their portfolio.

Requires

Understanding of risk tolerance and investment goals to determine appropriate asset allocation.

Automatic Adjustments

Your portfolio automatically adjusts based on your age, gradually shifting from higher equity exposure to lower risk as you approach retirement.

Ideal for

Investors who prefer a hands-off approach or lack investment expertise.

Options

Three risk levels available - LC 75 (high equity), LC 50 (moderate equity), and LC 25 (low equity).

Key Features of National Pension System (NPS)

Tax Benefits

Deductions : Contribute to Tier I and Tier II accounts to reduce your taxable income.
Tax-free Withdrawals : Enjoy tax-free withdrawals on a portion of your corpus at retirement.

Investment Flexibility

Choose Your Asset Allocation : Select the percentage of your contributions to be invested in equities, government securities, and corporate bonds based on your risk tolerance.
Auto Choice Option : Opt for automatic asset allocation adjustments based on your age.

Government Support

Government Contribution : Eligible government employees receive matching contributions from the government.
Regulation : The Pension Fund Regulatory and Development Authority (PFRDA) ensures the safety and security of your investments.

Low Costs

Low Expense Ratios : Compared to other investment options, NPS typically has lower management fees.

Portability

Maintain Your Account : Continue contributing to your NPS account even if you change jobs or relocate.

Retirement Security

Regular Income : Receive a regular pension income after retirement through an annuity.
Lump Sum Withdrawal : Withdraw a portion of your corpus as a lump sum at retirement.

How to Open an NPS Account with ABCD?

STEP

Open the ABCD App and navigate to ‘Invest’

STEP

Click on the NPS option.

STEP

Select ‘Start now’.

STEP

Select the Central Record Agency (CRA) to open your NPS account.

STEP

Submit necessary information like PAN, address, and bank details.

STEP

Deposit the minimum required amount.

STEP

You will be assigned a Permanent Retirement Account Number (PRAN).

STEP

Select the Central Record Agency (CRA) to open your NPS account.

STEP

Submit necessary information like PAN, address, and bank details.

STEP

Deposit the minimum required amount.

STEP

You will be assigned a Permanent Retirement Account Number (PRAN).

How to Make an Investment in the National Pension System (NPS)?

Step 1 : Select from options like

Regular Contributions : Make consistent monthly/quarterly/annual contributions.

Lump Sum Contributions : Invest a larger amount at once
Step 1 : Choose Between

Auto Choice : Your asset allocation adjusts automatically based on your age.

Active Choice : You select the percentage of your contributions to be invested in equities, government securities, and corporate bonds.
Step 3 : Select Between

Online : Contribute through the NPS website or net banking.

Offline : Contribute through designated Points of Presence (POPs) like banks.

Eligibility Criteria and Fees & Charges for National Pension System (NPS)

Eligibility Criteria

Here are the requirements for you to be eligible for the National Pension Scheme:

Citizenship Indian citizens, including residents, NRIs, and OCIs.
Age Between 18 and 70 years at the time of application.
KYC Compliance Must adhere to Know Your Customer (KYC) norms.
Individual Accounts NPS accounts are for individuals only; they cannot be opened for others.
Legal Competence Must be legally capable of entering into a contract according to the Indian Contract Act.

Fees and Charges

Here are the different types of fees and charges for the National Pension System:

PRAN Card Opening ₹40 (Physical), ₹18 (ePRAN), ₹4 (ePRAN - KCRA)
Annual Maintenance ₹69 (PCRA), ₹65 (CCRA), ₹57.63 (KCRA)
Transaction Charges ₹3.75 (PCRA), ₹3.50 (CCRA), ₹3.36 (KCRA); Free for Lite/APY accounts
Exit/Withdrawal 0.125% of corpus (Min ₹125, Max ₹500)
Persistency Fees ₹50 - ₹100 per annum based on contributions
Payment Gateway Credit Cards: 0.75% of value + GST; UPI & Internet Banking: Free