Nps vatsalya: The NPS for Minor account

The NPS for Minor account can be opened through Point of Presence (POPs) registered with PFRDA either online or physical mode, which include major banks, India Post, Pension Fund etc. (List of PoPs is available on PFRDA website - www.pfrda.org.in). Register for NPS online with Protean eNPS. Start your retirement planning with ease and enjoy tax benefits every year. NPS Vatsalya – Secure your child’s future. Now open an NPS account for your minor child and secure their future. Announced by the Hon’ble Finance Minister in 2024 Budget Contributory Pension Scheme regulated and administered by the PFRDA Indian Government has taken the initiative to launch the NPS Vatsalya Scheme 2025 which aimed at encouraging long-term savings for minors. This scheme allow parents and guardians to invest on behalf of their children.