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About NPS

NPS Eligibility Criteria

Who can open and hold an NPS account — across individual citizens, corporate employees, government service, NRIs & OCIs, and minors.

All-Citizen model

Individual subscribers

Any Indian citizen can open an NPS account in their own name under the All-Citizen model — whether salaried, self-employed or a business owner. You join, contribute and manage the account yourself.

18–85 yrsAge at entry
Resident or NRIIndian nationals
KYCID, address, bank & PAN
Tier IThe core account
Read more — the exact entry rules, and who is not eligible

Any Indian citizen — resident or non-resident — aged 18 to 85 and KYC-compliant can open NPS in an individual capacity, regardless of profession. A single account holds a lifelong PRAN.

Generally not eligible

  • Hindu Undivided Families (HUFs)
  • Persons of Indian Origin (PIOs)
  • Non-individual entities (trusts, firms)
  • Persons not legally competent to contract

NPS is opened and operated in your own name — it cannot be held jointly or on behalf of an entity.

Through your employer

Corporate employees

Employees of a registered organisation can join NPS through their employer’s Corporate model. Tap a card for more.

See the full Corporate NPS page for employer details and tax treatment.

Read more — how the Corporate model works

An employer registers for Corporate NPS and maps eligible employees to it. Contributions can flow from the employer, the employee, or both — and the individual account stays portable if you change jobs.

Key points

  • Employer registers and defines the contribution policy
  • Structures can be employer-only, employee-only or combined
  • Employer share is deductible under 80CCD(2)
  • Runs on the individual's own PRAN
  • Portable — keep it on a job change
  • Same funds and low charges as All-Citizen NPS
Central & state service

Government employees

NPS is the defined-contribution retirement system for most government employees who joined under the framework — with contributions from both the employee and the government.

2004Central govt, from 1 Jan
State govtsMost have adopted it
10% + 14%Employee + government
One PRANStays across postings

Explore the full Government NPS page for coverage and contribution details.

Read more — central and state adoption, and contribution rates

NPS became the mandatory retirement framework for central-government recruits joining on or after 1 January 2004 (armed forces excepted), and most state governments have since adopted it for their employees.

How it is funded

  • Employee contributes 10% of basic + DA
  • Government contributes 14%
  • One PRAN that stays across postings and transfers
  • Default schemes and managers under a govt template

Government subscribers follow their own withdrawal and default-scheme rules, distinct from the All-Citizen model.

Global Indians

NRI & OCI subscribers

Non-resident Indians and Overseas Citizens of India can build a retirement corpus in India through NPS.

Read more — FEMA rules and what happens if residency changes

NRIs and eligible OCIs can open a Tier-I account and contribute from Indian bank accounts, in line with FEMA and applicable KYC.

Funding and continuity

  • Contribute via NRE or NRO accounts
  • On a repatriable or non-repatriable basis
  • KYC as prescribed for non-residents
  • The same PRAN continues if you become resident again

If citizenship status changes in a way that makes the person ineligible, the account may have to be closed under the regulations.

For minors

NPS Vatsalya eligibility

NPS Vatsalya lets a guardian open and run an NPS account for a minor child — giving contributions decades to compound before the account becomes the child’s own at 18.

Below 18Indian minor
Guardian-runOpened & managed for the child
At 18Converts to standard NPS
From ₹1,000Minimum a year

See the dedicated NPS Vatsalya page for how it works and how to open one.

Read more — how NPS Vatsalya works and converts at 18

NPS Vatsalya lets a guardian open and run an NPS account for a minor, giving contributions decades of extra compounding. The account is held in the child’s name and operated by the guardian until adulthood.

The essentials

  • For any Indian minor below 18
  • Opened and managed by a guardian
  • Minimum ₹1,000 a year
  • KYC of both guardian and minor
  • At 18 it converts to a standard All-Citizen NPS
  • The account then becomes the child’s own
Good to know

Common questions

Tap a question to read more.

What documents do I need to open an NPS account?

Standard KYC — proof of identity and address, PAN, a bank account and a photograph. You can complete it fully online through eNPS, or offline at a Point of Presence such as a bank.

Is NPS mandatory for government employees?

For most central government employees who joined on or after 1 January 2004 (and employees of states that adopted NPS), it is the applicable retirement framework. For everyone else — private employees, the self-employed, professionals — NPS is voluntary.

Can I open NPS if I already have EPF?

Yes. NPS is separate from EPF and can be held alongside it. Many salaried people use NPS to add a market-linked, tax-efficient layer on top of their provident fund.

How do NRIs and OCIs contribute?

Through NRE or NRO accounts, on a repatriable or non-repatriable basis, in line with FEMA. If your residency status changes later, the same account can generally continue under the applicable process.

What is a PRAN and why does it matter?

The Permanent Retirement Account Number is your unique, lifelong NPS identity. Every contribution, statement, tax benefit and withdrawal is tied to it — and it stays with you across jobs, cities and even a change of profession.