National Pension System
National Pension System (NPS)
National Pension System (NPS) is a scheme in which you can invest specific amounts and earn market-based returns. Regulated by Pension Fund Regulatory Development Authority (PFRDA). The NPS will help you save for retirement and is available for every citizen of India including NRIs.
YES BANK has been appointed by PFRDA to act as one of the Point of Presence (POP) for the NPS.
Who can subscribe in NPS?
Any citizen in the age group of 18-65 years (as on the date of submission of his / her application to the POP-SP) can join NPS except for the government subscribers who are mandatorily covered under NPS.
Offerings under NPS
The subscriber to NPS will be allotted a unique Permanent Retirement Account Number (PRAN), which can be used by the subscriber for his/her lifetime and can be used from any location in India.
PRAN provides access to two personal accounts:
Why should you invest in NPS?
How to Subscribe for NPS
Submit the following at any authorized YES BANK branch:
Click here for list of branches which are authorized to service National Pension System (NPS)
Click To Apply
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