Under the NPS Vatsalya Scheme, parents or legal guardians can open accounts for children up to 18 years of age.
The scheme, overseen by the Pension Fund Regulatory and Development Authority (PFRDA), is part of the National Pension System ...
In a significant move to secure the financial future of young children in India, the government has launched the NPS Vatsalya pension scheme, which offers flexible contributions and investment options ...
The NPS Vatsalya scheme is a government initiative, just like the National Pension Scheme, designed to encourage long-term ...
NPS Vatsalya, a new scheme for children's retirement savings, saw over 9,700 minors enrolled on launch day. Parents can start ...
On the day of the launch, NPS Vatsalya received an overwhelming response, as 9,705 minor subscribers have been enrolled under ...
The NPS Vatsalya scheme, launched by Finance Minister Nirmala Sitharaman, saw the enrollment of 9,700 minor subscribers on ...
For children’s higher education, which is the top goal for parents, equity mutual funds constitute a better vehicle, say ...
Parents have the option to utilize NPS Vatsalya to establish savings for their children's future by opening a pension account ...
Unveiled by Nirmala Sitharaman, NPS Vatsalya is a groundbreaking pension plan designed for minors. Launched across 75 ...
It is envisaged that NPS Vatsalya scheme will inculcate the habit of savings among young subscribers and large wealth can be ...
Upon turning 18, child's account will be converted into a standard NPS account, subject to the submission of the necessary ...