What is the National Pension System (NPS)?
The National Pension System (NPS) is a government-sponsored, voluntary defined-contribution pension scheme established by the Government of India and regulated by the Pension Fund Regulatory and Development Authority (PFRDA) . It is designed to enable Indian citizens aged 18 to 70 to systematically build a robust retirement corpus over their working life. You can use our interactive NPS Calculator to project your monthly pension and lump sum payouts.
Globally recognized as one of the lowest-cost investment products, with fund management charges of just ~0.09%. Manage your PRAN account at CRA NSDL .
Delivers 10%–14% CAGR by investing across Equity (E), Corporate Debt (C), and Govt Securities (G). Check our Fund Manager Review.
Claim tax deductions under Section 80CCD(1), Section 80CCD(1B) up to ₹50,000, and employer share under 80CCD(2). Read our detailed Sec 80CCD Tax Guide.
Comprehensive Tax Benefits under Section 80CCD
Subscribers can claim tax deductions up to 10% of basic salary + DA under the overall ₹1,50,000 limit of Section 80C. Compare schemes in our Compare Matrix.
Subscribers enjoy an exclusive extra tax deduction of up to ₹50,000 over and above Section 80C. Learn more in the Income Tax Dept Portal . Taxpayers in the 30% slab save ₹15,600 cash every year.
Employer contributions up to 10% of basic salary (14% for Central/State Govt employees) are eligible for tax deduction under both New and Old Tax Regimes! Check answers in our NPS FAQ Hub.