NPS is an easily accessible, low cost, tax-efficient, flexible and portable, voluntary defined-contribution, retirement savings scheme introduced by the Government of India and regulated by the Pension Fund Regulatory and Development Authority (PFRDA).

1. Regulated - NPS is regulated by PFRDA, which is established through an Act of Parliament (PFRDA Act 2013)

2. Pension for all - can be voluntarily subscribed by any Indian citizen (resident/non-resident/overseas citizen)

3. Low cost – NPS is one of the low cost pension schemes in the world

4. Flexible - Subscribers have various options to choose from - Point of Presence (PoP), Central Recordkeeping Agency (CRA), Pension Fund and Asset Allocation, etc. The choices exercised can be changed subsequently

5. Portable – NPS Account can be transferred across employment, location(s)/geography(ies)

6. Tax efficient – Tax incentives are available to the subscribers under the Income Tax Act 1961.

7. Optimum returns – Market linked returns based on the investment choice made by the subscriber

8. Transparent – Subscribers can access their NPS Accounts online 24X7 and public disclosures are mandated.