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Q.

Can I Do SIP In NPS?

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1

2 Year

Comment

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0 2022-09-07T10:31:16+00:00

I personally think that all of us should start investing in schemes strategically and save as much money as possible for our old age. NPS or National Pension Scheme is one of such good schemes where you can definitely invest and the best part is, you can invest here via SIP or Systematic Investment Plan. Now you might not know how it works or even how to do SIP in NPS so do not worry at all. I can share everything about it to help you understand it.

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  How does SIP work?

SIP is a method or strategy which lets a person invest a fixed amount of money in a scheme regularly.

How to start SIP in NPS?

Once you have opened an NPS account, you can start SIP anytime but you must have your mobile number and email ID registered with it. Let me share with you the steps to do it.

  • Visit the NPS portal or click on

https://enps.nsdl.com/eNPS/NationalPensionSystem.html

  • Provide the PRAN number and DOB

  • Choose where you want to get the OTP: Email or Phone Number

  • Click on “Submit” OTP

  • Provide the OTP you received

  • Click on “SUBMIT” after having chosen “NEW SIP Registration” option

  • Provide all the details required

  • Provide the bank details

  • Click on “Continue” after verifying everything

  • The SIP registration will be sent to bank for approval and this is all

 

I hope this answers

how to create SIP in NPS online.

 

I personally believe this facility is great. Investing regularly any amount to gain interest rather than following a strict rule is always good right?

I hope I have answered how to do SIP in NPS  well.

  Read More:

How to download NPS payment receipt?

What is A scheme in NPS?

Can NRI invest in NPS scheme?

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