Registration of subscribers is a three step process on DigitalSeva Portal.Subscriber will be given the option to e-Sign the form which eliminates the requirement to send the physical form.
Pre-requisites For Opening of NPS Account using PAN and KYC Document Upload:-
1. Scanned Copy of Proof of Identity-Permissible size of Document Upload is 4KB-2MB
2. Scanned Copy of Proof of Address-Permissible size of Document Upload is 4KB-2MB
3. Scanned Copy of Cancel Cheque or Bank Passbook Copy -Permissible size of Document Upload is4KB-50KB
4. Scanned Copy of Colour Photo-Permissible size of Document Upload is4KB-50KB
5. Scanned Copy of Signature-Permissible size of Document Upload is 4KB-50KB
Benefits OF NPS:-
1. Investments in NPS Tier I account qualify for tax deductions of up to Rs 1.5 lakh under Section 80CCD(1 ). NPS also qualifies for an exclusive tax deduction of Rs 50,000 under Section 80CCD(1 B).
2. You get 10-14% interest rate on your contribution which is more than FD ( Fixed Deposit) or RD ( Recurring deposit).
3. You can partially withdraw 25% of total amount after 3 years.
Commission forVLE:-
1. OnEachNewNPSAccountOpening:-Rs. 167
2. On Each Subsequent Contribution-Rs. 16
For any query regarding NPS you can mail to pension@csc.gov.in or call toll free 011 49754975 ext 228
