There are hundreds of new apps released every week, 20,000+ users downloaded NPS - National Pension System latest version on 9Apps for free every week! This makes the app feel more like a popular merchandise, which is very positive in my opinion. This hot app was released on 2017-12-05. Besides, you can also select other popular apps you like here!
National Pension System
National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme designed to enable the subscribers to make optimum decisions regarding their future through systematic savings during their working life. NPS seeks to inculcate the habit of saving for retirement amongst the citizens. It is an attempt towards finding a sustainable solution to the problem of providing adequate retirement income to every citizen of India.
Under the NPS, individual savings are pooled in to a pension fund which are invested by PFRDA regulated professional fund managers as per the approved investment guidelines in to the diversified portfolios comprising of government bonds, bills, corporate debentures and shares. These contributions would grow and accumulate over the years, depending on the returns earned on the investment made.
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