NPS National Pension System — Quick Overview
| Scheme Name | NPS – National Pension System 2026 — Market-Linked Pension + 80CCD Tax Benefit ₹2 Lakh |
| Launched By | Government of India |
| Launch Year | 2004 |
| Benefit | Market-linked pension at 60 + ₹50,000 extra tax deduction (80CCD-1B) + ₹1.5 lakh 80C benefit |
| Category | Finance |
| Last Verified | 2 May 2026 |
| Official Portal | https://enps.nsdl.com |
What is NPS National Pension System?
National Pension System (NPS) is a voluntary, contributory pension scheme regulated by PFRDA (Pension Fund Regulatory and Development Authority). Open to all Indian citizens aged 18–70. Invest in market-linked pension funds and receive a monthly pension after age 60. NPS offers additional tax deduction of ₹50,000 under Section 80CCD(1B) over and above the ₹1.5 lakh 80C limit.
Under this scheme, eligible beneficiaries receive Market-linked pension at 60 + ₹50,000 extra tax deduction (80CCD-1B) + ₹1.5 lakh 80C benefit. The scheme was launched in 2004 and is implemented by the Government of India.
राष्ट्रीय पेंशन प्रणाली (NPS) PFRDA द्वारा विनियमित स्वैच्छिक पेंशन योजना है। 18-70 वर्ष के सभी भारतीय नागरिक निवेश कर सकते हैं। बाजार से जुड़े पेंशन फंड में निवेश करें और 60 वर्ष के बाद मासिक पेंशन पाएं। NPS में Section 80CCD(1B) के तहत अतिरिक्त ₹50,000 और 80C के ₹1.5 लाख = कुल ₹2 लाख तक टैक्स बचत।
60 वर्ष के बाद मासिक पेंशन + ₹50,000 अतिरिक्त 80CCD टैक्स छूट + 80C ₹1.5 लाख = कुल ₹2 लाख टैक्स बचत
Benefits of NPS National Pension System
Market-linked pension at 60 + ₹50,000 extra tax deduction (80CCD-1B) + ₹1.5 lakh 80C benefit
Who is Eligible for NPS National Pension System?
- ✓Indian citizen (resident or NRI) aged 18 to 70 years
- ✓Government employees (mandatory Tier-I NPS since 2004) and private sector (voluntary)
- ✓Self-employed, salaried, and business owners all eligible
- ✓Non-Resident Indians (NRIs) can open NPS but repatriation rules apply
- ✓OCI card holders are NOT eligible
Documents Required for NPS National Pension System
How to Apply for NPS National Pension System Online?
- 1enps.nsdl.com पर जाएं और 'Registration' पर क्लिक करें
- 2Aadhaar OTP eKYC से instant account खुलता है
- 3Tier-I (pension account — mandatory) और Tier-II (savings account — optional) चुनें
- 4Preferred pension fund चुनें (SBI, LIC, HDFC, Kotak आदि में से)
- 5Initial contribution करें — Tier-I minimum ₹500, Tier-II minimum ₹1,000
- 6Permanent Retirement Account Number (PRAN) मिलेगा
- 7हर साल minimum ₹1,000 (Tier-I) जमा करें
- 860 वर्ष पर minimum 40% annuity खरीदनी होगी — बाकी lump sum निकालें
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 enps.nsdl.comFrequently Asked Questions — NPS National Pension System
Related Finance Schemes
PM Suraksha Bima Yojana — ₹2 Lakh Accident Insurance
PMSBY provides accidental death and disability insurance cover of ₹2 lakh for just ₹20 per year, renewable annually through bank auto-debit.
Atal Pension Yojana 2026 — Guaranteed ₹1,000–₹5,000 Monthly Pension | APY Registration
Atal Pension Yojana provides a guaranteed monthly pension of Rs.1,000 to Rs.5,000 after age 60 to unorganized sector workers. Over 7 crore subscribers enrolled. Small monthly contributions from age 18 ensure a dignified retirement income. Contributions also qualify for Section 80CCD(1B) tax deduction up to Rs.50,000.
PM Jeevan Jyoti Bima Yojana 2026 — Rs.2 Lakh Life Insurance at Rs.436/Year
PM Jeevan Jyoti Bima Yojana (PMJJBY) is a government-backed renewable term life insurance scheme that offers Rs.2 lakh death cover for any cause at just Rs.436 per year. The premium is automatically debited from the subscriber's savings bank account every year between 25 May and 31 May. Launched in 2015 under Pradhan Mantri Jan Suraksha Yojana, the scheme is available to all bank account holders aged 18 to 50 years and is administered through partner public and private sector banks.
PM Jan Dhan Yojana 2026 — Zero Balance Bank Account + ₹2 Lakh Insurance
Pradhan Mantri Jan Dhan Yojana (PMJDY) is India's largest financial inclusion scheme with 56+ crore accounts. Any Indian citizen can open a zero-balance savings account with free RuPay debit card, ₹2 lakh accident insurance, ₹30,000 life insurance, and ₹10,000 overdraft facility.