NPS scheme: Your child's future will be completely secure, invest in this government scheme - pension facility also

The central government runs many schemes for the citizens of the country. In which different types of people are given benefits. The government runs many savings schemes for the people. One such scheme of the government is NPS i.e. National Pension System. Under which pension is arranged for the people.

After investing in the NPS scheme, people are given pension after the age of 60 years. But now the government has also started a new scheme with this scheme, which is called NPS Vatsalya Yojana. Which has been brought especially for children. By opening an account in this scheme, not only investment can be made for children, but pension fund can also be prepared for them.

NPS Vatsalya Yojana beneficial for children
The NPS Vatsalya Yojana started by the central government is a savings scheme for children as well as a pension fund scheme. Through this scheme, any parent or guardian can open an account for their children. After opening an account in this scheme, parents or guardians have to invest in it. They can invest till the child turns 18 years old. After this, this account continues like a normal NPS account.

That is, the amount deposited in the account remains there. After that, the account works like a regular NPS account. Children can contribute to it themselves and can deposit a good amount of funds for themselves. A good amount of interest is also available in the NPS scheme. Along with this, you can also save tax up to Rs 1.50 lakh under Income Tax Section 80C.

This is how you can open an account

To open an account in NPS Vatsalya Yojana, you will have to visit the official website of NPS https://enps.nsdl.com/eNPS/NationalPensionSystem.html. After this, after filling the necessary details and uploading the documents, you will be able to open the account.

Specialty of the scheme
If anyone wants, he can withdraw the entire investment amount after 18 years in NPS Vatsalya Yojana. Or he can invest in it till 60 years. At the time of retirement, 60% of the deposit amount can be withdrawn. And pension can be obtained from the remaining amount. Please note that a person can open this account only once.

(PC: Freepik)