Best for

Children 0-18 years old

  • Government backed Scheme

  • Flexible withdrawals

  • Lifetime pension

  • PFRDA regulated

  • Transfer to Regular NPS post 18 yrs. age

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NPS Vatsalya details

  • Eligibility

    Minor Indian citizens 0–18 years

  • KYC documents

    PAN, Aadhaar, photo , KYC of guardian, DOB proof of minor

  • Partial Withdrawal

    Twice Partial withdrawal for education/medical/specific disability allowed

  • Minor turns 18 years old

    Transfer to regular NPS account or full exit if corpus>8 lakh

How to open NPS Account?

About NPS Vatsalya

Why NPS Vatsalya (Add 4-5 points or a statement)
  • Power of compounding along with financial security -  Starting early allows money to grow significantly over time through compounding creating a financial cushion for the future.
  • Financial discipline: Small, regular investments build a strong habit of saving and planning.
  • Empower your child: Early exposure to saving builds responsible financial behaviour for life.
  • Optimum Returns - Provides market-linked returns based on pension funds’ performance.
  • Transparent - 24/7 online access to the account, ensuring transparency

Partial withdrawal

  • Up to 25% of own contribution, allowed for education, medical or specified disabilities

  • Can be withdrawn twice between 0-18 years age.

What happens after minor becomes major then?

  • Continue in NPS Vatsalya till 21 years old

  • Shift to NPS Tier I anytime between 18-21 years

  • Exit* with up to 80% lumpsum + at least 20% annuity

Who has the right to control the minor NPS account?

Parents and legal guardian can open and contribute amount to the NPS Vatsalya accounts, the beneficiary of the account will be the minor who turns 18 years old.

Apply NPS Vatsalya
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