7 Things To Know About NPS Tier II

Outlook Money

Charges

It has no additional annual maintenance charge, which makes it economical.

Service Charge

Liquidity

You can withdraw money anytime, as there is no limitation like Tier I.

Liquid Savings

Convenient

It allows you to move the funds to a Tier I account anytime.

Change

No Minimum Balance

You don’t need to maintain a minimum balance, eliminating the risk of penalties.

No Minimum Balance

Eligibility

You must be an Indian citizen aged 18-60, NRIs included.

Eligibility Age

PRAN Number

You must have a Tier I account and a PRAN number.

PRAN Number

Deposits

The minimum deposit is Rs 1,000, with no maximum limit.

Compiled By Himani Verma

Deposits

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