FAQ’s
FAQ’s
Frequently Asked Questions
Will I still earn returns on pledged mutual funds?
Yes, your mutual fund units continue to generate returns even while they are pledged for a loan.
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 are mutual funds and how do they work?
Mutual funds pool money from many investors to invest in a diversified portfolio of stocks, bonds, or other assets managed by professionals.
Can I nominate someone for my NPS account?
Yes, nomination is mandatory and can be easily added or updated through your KSquare profile.
Can I increase my SIP amount later?
Yes, KSquare allows you to modify or increase your SIP contributions easily as your income or goals change.
Is NPS a market-linked investment?
Yes, NPS invests in equity and debt instruments, so returns vary with market performance over time.