Good news for National Pension System (NPS) subscribers! Contributing to your retirement just got simpler and faster. The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a game-changer: depositing NPS contributions directly through UPI QR codes.
Gone are the days of complex procedures. Now, with a quick scan and tap on your phone, you can contribute to your NPS Tier I or Tier II account anytime, anywhere. This seamless method opens up exciting possibilities:
- Effortless contributions: Ditch the paperwork and bank visits. Scan your personalized QR code with any UPI app and voila! Your contribution is on its way.
- Same-day investment: No waiting! Your contribution gets invested the same day, maximizing your long-term returns.
- Flexibility redefined: Choose your style – one-time contribution, regular transfers, or even set up a convenient SIP through D-Remit.
- Smart investing: D-Remit leverages rupee-cost averaging to automatically buy more units when prices dip, protecting your investments and boosting your retirement corpus.
This move empowers you to take charge of your future. Start small, contribute often, and watch your retirement fund grow steadily. Remember, D-Remit is separate from your PRAN and uses unique QR codes for each Tier account.