The program encourages people to contribute to a retirement account at regular intervals during their employment. After retirement, participants can cash out a percentage of the balance. As an NPS account holder, once you retire, you receive the remaining amount as a monthly annuity. Previously, the NPS system applied only to central government employees. Central government employees who enter service on or after Jan. 1, 2004, are mandatorily covered by the NPS. Now, however, the PFRDA has opened the NPS to all Indian citizens on a voluntary basis. We have mentioned steps below to Check NPS Account Balance.
Steps to Check NPS Account Balance
Final Words
We hope like our article on how to Check NPS Account Balance. The National Pension System (NPS) is a pension scheme introduced by the Indian government to provide all subscribers with a regular income after retirement. The Pension Fund Regulatory and Development Authority (PFRDA) is the regulatory authority for the NPS.
