
Product 06
A low-cost retirement account with an extra tax deduction.
nps.jpgUnder Section 80CCD(1B), over and above your 80C limit.
Fund management charges are a fraction of most products.
Equity, corporate debt and government securities, as you set.
Equity allocation reduces automatically as you approach 60.
| Tier | Purpose | Withdrawal |
|---|---|---|
| Tier I | Retirement account | Locked till 60, partial withdrawal allowed |
| Tier II | Voluntary savings | Withdraw any time |
Figures shown are illustrative and depend on the scheme, issuer and prevailing rates. Nothing here is a guarantee of return.
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