Saturday, January 21, 2017
National Pension Scheme

NPS or the national pension system is a scheme that is run by the Government of India and State Bank of India is one of its agents authorized to accept the contribution and also aid the general public in opening the account.

Here investors have to contribute monthly amount towards NPS account. This contribution is in turn invested in the avenues as per the choice of the investor and the ability to bear the risks.

After retirement a part of this fund can be withdrawn as lump sum and the balance can be paid as pension annuity. However investors have...
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