NPS-Lite Swavalamban — Quick Overview
| Scheme Name | NPS-Lite Swavalamban 2026 — Pension Scheme for Unorganised Workers | npscra.nsdl.co.in |
| Launched By | Government of India |
| Launch Year | 2010 |
| Benefit | Pension savings with flexible ₹100-₹12,000 annual contribution + lifetime annuity after age 60 |
| Category | Finance |
| Last Verified | 16 May 2026 |
| Official Portal | https://npscra.nsdl.co.in |
What is NPS-Lite Swavalamban?
NPS-Lite (Swavalamban) is the simplified National Pension System for unorganised sector workers and low-income groups. Launched 2010. Subscribers contribute ₹100 to ₹12,000 annually. The Government of India contributed ₹1,000 annually to each subscriber's pension account from 2010-2017 (now closed for new subscriptions but existing subscribers continue). NPS-Lite has been gradually superseded by Atal Pension Yojana (APY) and PM-SYM. Existing NPS-Lite subscribers can: (a) continue NPS-Lite, (b) migrate to APY/PM-SYM. Operated by PFRDA through aggregators.
Under this scheme, eligible beneficiaries receive Pension savings with flexible ₹100-₹12,000 annual contribution + lifetime annuity after age 60. The scheme was launched in 2010 and is implemented by the Government of India.
Benefits of NPS-Lite Swavalamban
Pension savings with flexible ₹100-₹12,000 annual contribution + lifetime annuity after age 60
Who is Eligible for NPS-Lite Swavalamban?
- ✓Existing NPS-Lite Swavalamban subscribers (new enrolments closed in 2017)
- ✓For new pension subscribers: APY or PM-SYM recommended
- ✓Indian citizens aged 18-60
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Documents Required for NPS-Lite Swavalamban
How to Apply for NPS-Lite Swavalamban Online?
- 1Visit the official portal at https://npscra.nsdl.co.in
- 2Click on Apply Now or Register button on the homepage
- 3Enter your Aadhaar-linked mobile number and verify OTP
- 4Fill in the online application form with required details
- 5Upload the required documents including Aadhaar and bank passbook
- 6Review all details and submit the application
- 7Note down the application reference number for future tracking
- 8Wait for verification and approval from the concerned authority
Official Government Portal
Apply directly on the official government website. This is the only authorised portal — never pay anyone to apply on your behalf.
🔗Apply on npscra.nsdl.co.inFrequently Asked Questions — NPS-Lite Swavalamban
Common Questions About Finance Schemes
What is covered under PMSBY?+
Death or total permanent disability due to accident gets ₹2 lakh. Partial permanent disability gets ₹1 lakh.
How to enroll in PM Suraksha Bima Yojana?+
Contact your bank branch or enroll through internet banking/mobile app to activate this insurance with just ₹20/year deducted automatically.
What are the four categories under PM Mudra Yojana in 2026?+
Shishu: up to ₹50,000 for new startups; Kishore: ₹50,001 to ₹5 lakh for growing businesses; Tarun: ₹5 lakh to ₹10 lakh for established businesses; Tarun Plus (launched 2024 Union Budget): ₹10 lakh to ₹20 lakh for those who successfully repaid a Tarun loan.
Which banks offer Mudra loans?+
All PSU banks (SBI, PNB, BOB, etc.), private banks, Regional Rural Banks (RRBs), Microfinance Institutions (MFIs), and NBFCs are registered Mudra lenders. Apply at any branch or online at udyamimitra.in.
How much pension will I get under APY?+
Depending on the pension plan (Rs.1K to Rs.5K/month) and your age at enrollment, your monthly contribution varies. Example: For Rs.5,000/month pension — if you join at age 18, contribute Rs.210/month; at age 30, contribute Rs.577/month; at age 40, contribute Rs.1,454/month.
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