Features

  • Any citizen of india of age 18- 60 yrs can open NPS lite account
  • NPS lite pension plan is beneficial for lower middle / poor class to save money
  • NRI & PPF subscriber can also invest in NPS
  • Income tax benefit u/s 80ccd
  • Invest 1000 and get govt. Contribution 1000* p.a
  • Account can be opened with nominal subscription of Rs.100
  • Swavalamban benefit will be avail to subscriber who invest Rs.1000 min & max 12000 p.a
  • Investment exceed 12000 p.a will not get yearly govt. benefit
  • Upto 60% withdrawal is allowed at retirement age, remaining corpus will be given annuity
  • Fund is being managed by Pension Fund Manager (PFM)
  • Pran no. Will be allocated by NSDL, along with pran card.
  • Expected rate of return 8.25% or above (depends upon fund performance) 
  • Fund allocation -15% equity, upto 45% corporate bonds & upto 55% govt. Bonds

  • PF holder if applies for NPS lite plan, will not be eligible for Swavalamban benefit. 
  • PF holder should fill up non-Swavalamban application form.
  • NPS lite product is launched through IIFL gold loan
  • Payment can be done at any where in India, even subscriber change city or location or job
  • 1 photo, 1 xerox copies self attested ID proof & address proof required.
  • Subscriber will get individual pran card. (permanent retirement account number)
  • PFRDA, is a regulatory body for NPS  lite
  • SHCIL, is a custodian for NPS lite plan
  • Account opening charge is just rs.35/- & AMC rs.50/- p.a
  • Application form should be filled with black pen
  • For any query mail nps@indiainfoline.com
  • Form submission can be done at IIFL gold loan branches
  • Pls collect receipt for any cash payment done
  • If application is rejected, will get back your money.
  • PRAN card available in Hindi also.
  • Max limit limit for total investment* shall be Rs.50000/- per year as currently prescribed by RBI for "Small Deposit Accounts"

Enquiry Form

Enquiry Form