Comment posted on New Pension System(NPS) by adity.
sir, i am working state gov and my new job central gov but i am join proper chanal. please ans me what change any diffcult pran no.
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Posted in Finance, India, Investment.
Comment posted on New Pension System(NPS) by adity.
sir, i am working state gov and my new job central gov but i am join proper chanal. please ans me what change any diffcult pran no.
By Pankaj Batra – May 26, 2013
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Can I pay for NPS without employer contribution. How Gov. is going to check that I contribute maximum 10% of basic. Or can i contribute to NPS more than 10% of basic salary?
@Adi
NPS account can be opened and operated without employer contribution as well.
There is no maximum limit of investment. Minimum Rs 6000 has to be invested per year.
how to pay for pran to online facility
@V.Srinu
As of now you can contribute to your NPS account using online SBI accounts only.
Sir, many of my friend are willing to do NPS ,but no bank in Shillong(Meghalaya) are able to open the account. so please tell me is there any facility to open a NPS account through online.
@Debojyoti
You need to visit local bank/POP location only to open an account.
There are many POPs in Shillong as per NPS website, check it on this page: https://www.npscra.nsdl.co.in/pop-sp.php
Select State and City to show all POPs.
I was working in Bank Of Baroda,since last one and a half year, I need to apply for refund of my NPS amount? I have filled up the form for refunding of amount 3 months back, but have still not got it..
Please tell me how to get my amount refunded,is there any other form also that has to be filled and from where to enquire about it all this?
@Ritika
If a subscriber wishes to exit from NPS before attaining the age of 60, he/she can withdraw upto 20% of the sum accumulated till that point of time. The subscriber has to buy annuity with the rest of the money.
I am Central Government employee covered under New Pension Scheme having Tier 1 Account. Sir PFRDA and Government always issue circulars regarding withdrawal at retirement or death. We all have regular life so as there will be requirement of money at any stage and in any year and in any emergeny.
(1) Are Government And PFRDA deciding about withdrawal in a year ?
(2 ) Is there facility of Tier 2 account for Central Government employee?
Please help me sir, In my NPS Account there is 2,44000/- available at this time but there is no provision or rule of withdrawal therefore I took personal loan on 17% interest from Private Bank in an emergency.
@Shashikant
1. As of now, if withdrawal is made before 60 years (that too on resignation only), 20% amount would be provided and with rest amount, annuity has to be bought. We would update this post once Govt/PFRDA change this rule.
2. Tier 2 account can be opened by any Indian who already has Tier 1 account.
Hi Pankaj
My question is same as Shashikant.. Are there any discussions going on with the government from Central Govt Employees representatives regarding the withdraw of NPS money at certain intervals? It would be helpful for the needy if certain amount can be withdrawl from the NPS
Hi Pankaj,
This is Varun again. I just want to conform whether the amount of my contribution in the TIER-I from my side can be increased?
@Varun
Yes, you can get your contribution into tier 1 account increased.
You can invest into Tier-1 directly also quoting your PRAN number from any POP branch.
what about arrears received in salary. is there NPS deduction and the same amount from government.
@AK
NPS amount contribution would be done for arrears also.
IS NPS AMOUNT REFUNDED AFTER RESIGNED FROM GOVT SERVICE?
@Vipul
No, amount won’t be refunded after leaving job.