NPS Vatsalya is a contributory pension scheme for minor subscribers that enables parents or guardians to create a retirement ...
While the scheme allows parents to secure their child's future through compounded returns, it comes with limitations when ...
Importantly, while the two schemes are not comparable with the SSY being sovereign-backed and the other a market-linked ...
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 ...
The scheme is set to foster a culture of savings from an early age, ensuring long-term financial security for India's younger ...
Unlike other financial products aimed at short-term goals like education or marriage, NPS Vatsalya focuses solely on ...
The NPS Vatsalya scheme allows parents to contribute as little as ₹1,000 annually in the child's name, making it accessible ...
ET Wealth reached out to experts to know whether one should consider this scheme and how it compares with other options.
Under the NPS Vatsalya scheme, parents can open a pension account for their children and make a minimum annual contribution ...