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PFRDA allows NPS subscribers to deposit contributions through UPI QR code

Pension fund regulator PFRDA has allowed NPS subscribers to deposit contributions through UPI QR code. This advancement simplifies the contribution process, making it more accessible and efficient for NPS participants. Explore the benefits of this new mechanism for retirement savings and systematic investment planning. ....

Development Authority , National Pension System , Pension Fund Regulatory , Unified Payments Interface , Direct Remittance , Permanent Retirement Account Number , Regular Contribution , Nps Subscribers , Deposit Contributions , Upi Qr Code , National Pension System ,

PFRDA allows NPS subscribers to deposit contributions through UPI QR code

To utilise D-Remit, subscribers must possess a virtual D-Remit ID with the trustee bank, it said, adding, this virtual account can only be used for remitting NPS contributions. ....

National Pension System , Development Authority , Pension Fund Regulatory , Unified Payments Interface , Direct Remittance , Permanent Retirement Account Number , Regular Contribution ,