Importantly, while the two schemes are not comparable with the SSY being sovereign-backed and the other a market-linked ...
While the scheme allows parents to secure their child's future through compounded returns, it comes with limitations when ...
The NPS Vatsalya program allows parents to make monthly investments starting from as low as Rs1,000, with no upper limit. It ...
NPS Vatsalya accounts are available at banks like ICICI, SBI, Axis, Canara, Central Bank, Indian Overseas, and Bank of ...
Unlike other financial products aimed at short-term goals like education or marriage, NPS Vatsalya focuses solely on ...
The scheme is set to foster a culture of savings from an early age, ensuring long-term financial security for India's younger ...
ET Wealth reached out to experts to know whether one should consider this scheme and how it compares with other options.
Finance Minister Nirmala Sitharaman is set to announce NPS Vatsalya scheme today (Wednesday, September 18, 2024). The scheme ...
The NPS Vatsalya Yojana is a pension scheme designed for children, allowing parents to open pension accounts on behalf of ...
Under the NPS Vatsalya Scheme, parents or legal guardians can open accounts for children up to 18 years of age.
It is envisaged that NPS Vatsalya scheme will inculcate the habit of savings among young subscribers and large wealth can be ...