Investing in Pension funds, FDs, mutual funds? Check ‘Rule of 72’ to find out when your money will double
You can easily calculate how much time it'll take to double your money in pension schemes, fixed deposits (FDs) or mutual funds.
Oct 17, 2021, 13:38 PM IST
Good news for government employees! PFRDA allows online paperless exit process through NPS, know details
The online exit would be integrated with Instant Bank Account Verification as per the existing guidelines as part of enhanced due diligence in the interest of Subscribers.
National Pension Scheme: Now, invest in NPS via Kotak Mahindra Bank app, check details
Kotak Mahindra Bank has launched National Pension System (NPS) scheme on its mobile app.
Oct 01, 2021, 16:14 PM IST
National Pension Scheme: Get Rs 34 lakh on retirement by investing just Rs 50 daily
National Pension Scheme is a market-linked retirement scheme that ensures that your money grows multifold by the time you retire.
Sep 04, 2021, 12:34 PM IST
Post Office Small Savings Scheme: From PPF, Sukanya Samriddhi to NPS, check minimum balance requirement in all the 9 savings a/c
While several of the above schemes have no maximum balance, for opening and continuity of the schemes you will be required to retain a Minimum Amount balance.
Aug 31, 2021, 12:24 PM IST
Big news for pensioners! Entry age under NPS increased, check details here
Any Indian Citizen, resident or non-resident and Overseas Citizen of India (OCI) between the age of 65-70 years can join NPS and continue or defer their NPS Account up to the age of 75 years.
Aug 30, 2021, 12:43 PM IST
National Pension Scheme: Subscribers joining NPS after 65 can invest up to 50% of funds in equities
However, for subscribers joining the retirement plan beyond the age of 65 years, the maximum equity exposure will be capped at 15% to invest under the default 'Auto Choice' option.
Aug 29, 2021, 15:50 PM IST
Big news for bank employees! Family pension hiked upto Rs 35,000, NPS corpus enhanced to 14%: Details here
The Government has increased the family pension to 30% of last salary drawn. It has also approved the proposal to increase employer’s contribution under the NPS to 14% from the existing 10%.
Aug 26, 2021, 12:54 PM IST
National Pension Scheme: Invest Rs 50 per day and get Rs 34 lakhs on retirement! Here’s how
The National Pension Scheme or NPS is a market-linked retirement oriented investment, in which the managers of the fund invest your money in equity and debt.
Aug 14, 2021, 22:52 PM IST
National Pension Scheme alert! Aadhaar card now mandatory for receiving benefits under NPS
The Central government had launched the National Pension Scheme for traders and self-employed individuals with annual turnover not exceeding Rs 1.5 crore in September 2019 to provide them with an investment option, wherein they can save for their retirement.
Aug 12, 2021, 16:08 PM IST
Soon, NPS products to be sold in life insurance companies: Sources
Any individual citizen of India, both resident and Non-resident, in the age group of 18-65 years can join NPS.
Aug 02, 2021, 17:57 PM IST
Planning for your retirement? Check 5 government pension schemes before investing
At present, several state-backed organisations such as Life Insurance Corporation of India (LIC), National Pension System (NPS) trust, and India Post Office, among others, are offering a slew of investments options to plan your retirement
Aug 01, 2021, 20:26 PM IST
NPS Withdrawal: 10 most common reasons why money is not credited into your savings bank A/c
PFRDA has identified 10 most common reasons why Money is not credited into the Savings Bank Account of the NPS subscribers.
Jul 30, 2021, 13:23 PM IST
NPS Subscribers alert! Know how PFRDA's Penny drop facility will ensure timely credit of fund withdrawal
In order to resolve the issue of return of remittances and to protect the interest of subscribers with timely credit of amount, PFRDA has devised a facility called ‘penny drop’.
Jul 28, 2021, 12:37 PM IST
Big news for pensioners! NPS withdrawal rules changed, check details here
Pension Fund Regulatory and Development Authority has now allowed NPS subscribers to withdraw the entire accumulated pension wealth without purchasing annuity if the pension corpus is less than Rs 5 lakh.
Jun 17, 2021, 09:05 AM IST
PPF or NPS? Invest THIS much monthly to earn Rs 1 crore on maturity
If you invest Rs 12,500 per month in PPF, at the current rate of 7.1% interest rate compounded annually, you will earn Rs 1 crore in 25 years.
Jun 12, 2021, 13:03 PM IST
Good news for NPS subscribers! Pensioners may be allowed to withdraw their entire lifetime contribution with higher threshold
Any individual citizen of India (both resident and Non-resident) in the age group of 18-65 years (as on the date of submission of NPS application) can join NPS.
May 20, 2021, 08:38 AM IST
Invest Rs 50, get Rs 34 lakhs! THIS scheme is your perfect retirement delight
Under this scheme, your money in NPS will get invested in two instruments: stock market and debt.
May 08, 2021, 07:36 AM IST
Pensioners alert! Govt extends payment of provisional pension up to 1 year period
At a meeting held online with senior officers of the Department of Pension and DARPG, the Minister said that provisional family pension was also liberalized.
May 06, 2021, 07:26 AM IST
Set aside Rs 74 per day for THIS scheme and earn 1 crore upon retirement
The key to reaping a good return on any investment lies in investing at an early age, hence this mantra should always be kept in mind.
Apr 26, 2021, 18:06 PM IST