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- Tax Savings over and above 80 C
a) Upto Rs 50,000 through Self Contribution u/s 80CCD(1B)
b) 10% of your basic salary through employer contribution u/s 80CCD(2)
- Systematic Discipline Investment results in a substantial corpus value at the time of Retirement
- On Retirement 60% of corpus can be taken as lump sum, tax free and the remaining 40% gets annutised for you to get monthly income
- Flexibility to choose the investment option , asset allocation and the fund manager
- NPS account is portable and will move with you when you change your employer
- Option to defer your retirement till age 70
- One of the most economical investment products available
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