Edge Fintrack Capital – Provider of national pension scheme in India

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National Pension Scheme
Under NPS, Subscriber gets the alternative to
open two accounts known as Tier I record and Tier
II account.
Tier I NPS Account Tier II NPS Account
It is also known as Pension account It is known as investment account
Withdrawal from this account is permitted after 10 years of account opening or attaining the age 60 years whichever comes early Withdrawal from this account can be done at any point of time as per Subscribers need
Minimum annual contribution required for this account is Rs. 1000 NA
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Demise Benefit
In the event of death of the Subscriber, the
whole Corpus is given to the nominee. On the off
chance that Subscriber has not decided on any
chosen one, the lawful beneficiary can assert the
sum.
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Fractional Withdrawal from the Scheme
First withdrawal will be following 10 years of record opening
2nd and third withdrawal would be following a hole of 5 years from the principal withdrawal
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Investment in Annuity
Substances enlisted with PFRDA to give annuity
benefit are
HDFC Standard Life Insurance Company Limited
ICICI Prudential Life Insurance Company Limited
Star Union Dai-ichi Life Insurance Company Limited
Life Insurance Corporation of India
SBI Life Insurance Company Limited
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User ought to have age between 18 65 years as on the date of accommodation of his/her application to the Point of Presence (POP)/Point of Presence Service Provider - Authorized branches of POP for NPS (POP-SP).
User ought to consent to the Know Your Customer (KYC) standards as itemized in the Subscriber Registration Form.
NPS Eligibility
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Remarkable Features and Benefits of NPS
Portable Account the NPS account (PRAN) continues as before regardless of progress of work or geography.
Online Platform On joining NPS, every Subscriber gets sign in ID and Password of NSDL framework for getting to NPS points of interest on the web.
Efficient grievance administration through CRA/PFRDA Website, Call Center, Email or Postal Mail
Transparent venture standards Investment Portfolio under every advantage class can be seen on particular Pension Fund Manager's site.
It offers Subscribers flexibility to switch the Service Provider, Fund, Investment Option and Pension Fund Manager
Flexible commitment system Amount and recurrence of commitment can be changed according to the Subscriber necessity
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