Through this scheme, if you can deposit more than Rs 2.5 lakh per annum in your child's name, you can take 80% of it for your needs. 20% of the total amount can be withdrawn at once.

NPS Vatsalya Scheme: Through the NPS Vatsalya Yojana, parents can invest on behalf of their children until they reach the age of 18. The primary goal of the scheme is to build a financial corpus ...

Finance Minister Nirmala Sitharaman launched the NPS Vatsalya Yojana on Wednesday. This scheme lets parents open a Vatsalya account for their children from birth up to 17 years old. When the child ...

PATTERN| National Pension Scheme and Know the detail information about its Benefits, features, How it works, NPS Investment Growth Chart, Ratings & many more only at Moneycontrol.com.

NPS scheme: The National Pension System (NPS) is a voluntary pension scheme that gives an opportunity to the investors to go for both debt and equity exposure via single investment tool.

Finance Minister Nirmala Sitharaman on Wednesday (September 18, 2024) launched the NPS Vatslya scheme, which will allow parents to save for their children’s future by investing in a pension account.

The NPS Vatsalya scheme, unveiled in the 2024-25 Budget, is expected to revolutionise financial planning for families and children by enabling them to initiate and maintain early and regular savings.

Find All About Nps Scheme Latest News, Videos & Pictures on All About Nps Scheme and see latest updates, news, information from NDTV.COM. Explore more on All About Nps Scheme.

In the NPS balance lifecycle scheme, the debt proportion will increase after 45 years of age. Existing NPS subscribers will also be allowed to move to the new scheme, he said.