SBI customers take note: Want to save taxes? Invest in NPS on onlinesbi.com, avail these benefits
Online SBI: While there are many investment options available in the market, you can invest in the new pension scheme as well if you want to retire rich.
Income Tax return filing deadline is around and it is possible that you may still be figuring out where to invest to save on taxes. While there are many investment options available in the market, you can invest in the new pension scheme as well if you want to retire rich. National Pension System (NPS) is a defined contribution pension system introduced by the Government of India as a part of Pension Sector reforms, with an objective to provide social security to all citizens of India. It is administered and regulated by PFRDA. The SBI has put out details of the NPS on its official Quora page to make the benefits clear to its customers.
1. NPS Registration functionality for Individuals (Resident Indians) is available under e-Services when you log-into your net banking.
2. NPS Contribution & SI (monthly auto debit) functionality is available under Payments/ Transfers.
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