National Pension System
National Pension System
What is a National Pension System
We offer a range of Corporate Fixed Deposits varying in tenures, interest rates & institutions to suit your investment needs. The deposit schemes have been specially chosen from high-safety options to ensure that you enjoy the twin benefits of returns and protection.
In these uncertain times, get the most of your hard-earned money without the risk of losing it. Invest your money in our Fixed Deposit schemes that offer you highly competitive interest rates and help it grow consistently over a period of time.
Bonds are basically a way for companies & governments for issuing capital for expansion, infrastructural projects, etc. By issuing bonds to the public, the organizations & Government can raise money for their projects. In simple terms bonds are like a loan for which you are the lender. The organization who sells the bonds is known as issuer & the holder is called as an investor.
10K+
Active Users
Features & Benefits
Features & Benefits
- Depositor can earn interest on surplus funds available in the account
- Encourages saving habit
- Only one fixed deposit account can be opened at a time. The depositor can open multiple accounts for other such deposits
- The deposit can be renewed or withdrawn up on maturity
- As per traditional scheme, the interest earned on FDs gets credited to the depositor’s account either on monthly or quarterly basis, as opted by the account holder
- Premature withdrawals are not permitted but in case of emergency, banks allow closure of FD accounts. The deduction charges will be levied (percentage of charges may vary from bank to bank)
- NCDs offer high returns & low risk options. The interest rate & rate of return are subject to market conditions
- As per section 193 of Income Tax Act, there will be no tax levied on securities issued by companies if they are in a demat form & listed on a stock exchange. However, they are taxable if held in physical form
- NCDs are rated by agencies like FITCH, CRISIL & ICRA
- They are offered in four options: monthly, quarterly, annual & cumulative interest.
- They offer a potentially attractive and regular income avenue as the rate of interest is fixed (in most cases but not all) till maturity.
Testimonial
Genuine Review Form Statisifed Customers
KSquare’s pension guidance was much needed. Their team helped me select the right NPS tier and gave detailed explanations.
For long-term stability, I trust KSquare’s NPS guidance. Their regular insights and personal approach are top-notch.
With KSquare’s help, I finally understood the benefits of NPS. Their team is responsive and really knows their stuff.
I had doubts about NPS before. KSquare explained every detail, making my decision easy. Their support and transparency are unmatched.
KSquare’s NPS support was practical and transparent. They helped me compare options and choose what’s best for my future.
I had many questions about NPS. KSquare cleared every doubt and gave me a structured plan to follow.
I was looking for a secure retirement plan, and KSquare’s NPS guidance made it very easy to start.
Investing in NPS with KSquare has given me great peace of mind. Their platform is user-friendly and informative for long-term goals.
NPS through KSquare was a seamless experience. Their regular updates and advice on risk levels helped a lot.
I appreciated how KSquare simplified the NPS jargon. Everything was laid out clearly with ongoing support.
Frequently asked questions
Common business and finance question and answer
What are Tier I and Tier II NPS accounts?
Tier I is the mandatory retirement account with tax benefits, while Tier II is voluntary with flexible withdrawals but no tax deductions.
What are the tax benefits of NPS?
NPS offers deductions up to ₹1.5 lakh under Section 80C and an additional ₹50,000 under Section 80CCD(1B) of the Income Tax Act.
Can I open multiple NPS accounts?
No, you’re allowed only one NPS Tier I account, which is linked to your Permanent Retirement Account Number (PRAN).
What is the minimum investment for NPS?
You can start your NPS investment with as little as ₹500 for Tier I and ₹1,000 for Tier II accounts.
Can I change my fund manager in NPS via KSquare?
Yes, KSquare allows you to switch your fund manager or investment option once a year through your dashboard.
Can I withdraw funds from my NPS account early?
Partial withdrawals of up to 25% are allowed after 3 years for specific purposes like medical emergencies, education, or house purchase.