Yes, you can invest in the National Pension System (NPS) through Angel One. Angel One acts as a Point of Presence (PoP), allowing you to open and manage your NPS account online easily and safely.

What Is National Pension System (NPS)?

NPS is a government-backed pension scheme in India that helps you save money for retirement. It lets you invest in stocks, bonds, and government securities to grow your retirement fund over time. You get tax benefits and a steady income after retirement.

How Can I Open an NPS Account Through Angel One?

You can open an NPS account on Angel One by filling out an online application. Keep your PAN, Aadhaar, bank details, and a photograph ready. Angel One will guide you through the easy process, including KYC verification and making your first deposit.

What Are the Types of NPS Accounts?

There are two types of NPS accounts:

• Tier 1 Account: This is the main retirement account with withdrawal restrictions.
• Tier 2 Account: This is a voluntary savings account with no withdrawal restrictions.

What Are the Investment Options in NPS?

You can choose between Active Choice and Auto Choice. Active Choice lets you decide how much money goes to equity, government bonds, or corporate bonds. Auto Choice automatically changes your investment mix as you get older.

What Tax Benefits Does NPS Offer?

NPS offers tax savings under Section 80C up to ₹1.5 lakh and an additional ₹50,000 under Section 80CCD(1B). The money you invest, the returns earned, and the amount you withdraw at retirement are all tax-exempt under certain conditions.

How and When Can I Withdraw from NPS?

You can withdraw from your Tier 1 NPS account after you turn 60. At least 40% of your savings must be used to buy an annuity (which gives you monthly income). The rest 60% can be withdrawn as a lump sum. Tier 2 accounts allow withdrawals anytime.

What Charges Are Involved in NPS Through Angel One?

NPS charges are very low. There is a one-time account opening fee of ₹400. Other small annual maintenance charges apply. Angel One helps you with a smooth, cost-effective NPS investment experience.

Is It Safe to Invest in NPS Through Angel One?

Yes, Angel One is a registered PoP with the Pension Fund Regulatory and Development Authority (PFRDA). Your money is safe, and the platform follows all government rules for NPS investments.