Nps contribution: Subscribe to CAMS NPS and make NPS

Subscribe to CAMS NPS and make NPS contributions in Tier I and Tier II NPS account online. You can start with a minimum contribution of Rs.500 per month. This guide will clarify the essential rules for NPS, including contribution amounts and frequency, what happens if you miss a payment, and how to simplify contributing in NPS. National Pension System ( NPS ) is a defined contribution pension. NPS is voluntary for subscription by an individual to make contributions to his/her Individual Pension Account during the working life for creating a pension corpus from which regular income will be generated after retirement / working age. NPS is mandatory for the Central Government recruits w.e.f. 1st Jan 2004 (except armed forces) which replaced the earlier defined benefit pension and has been subsequently adopted by almost ... Learn about NPS contribution , a market-linked investment instrument for retirement income. Compare NPS Tier 1 and Tier 2 accounts, offline and online contribution methods, and tax benefits.