• A- A A+

National Pension Scheme (NPS)

 

  • NPS is a voluntary defined contribution retirement saving scheme
  • Yields market based returns
  • NPS is regulated by PFRDA
  • Pension funds are invested by PFRDA
  • NPS services: collection , filling and submission of subscription forms, The PRAN will be quoted in all future transactions.
  • NPS is available for  individuals through Online Mode 
  • Two types of account available for both models
    • Tier I : pension account
    • Tier II : investment account
  • Investment option
    • Active choice(manual intervention required)
    • Auto choice(predefined investment)
  • Contribution
    • Tier I: Min Rs. 500 at the time of opening account, Min Rs. 1000 contribution per financial year
    • Tier II: Initial contribution is Rs.250
  • Tax benefit
    • Tax is exempted of 1.5lakh under 80cce
    • Additional saving of 50000 under Tier I is exempted under 80ccd(1b)

For more details or any assistance you may please visit PSB branch.

Open your NPS Account On-line
×

“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”

Accept

Decline