Contriburion to NPS

Contribution To contribute in Tier I and Tier II account, a subscriber is required to make his / her first contribution at the time of applying for registration (minimum contribution Rs.500 for Tier I and Rs.1000 for Tier II) at any POP-SP with NCIS (NPS Contribution Instruction Slip) form - . The NPS subscriber is required to make contributions subject to the following conditions: Minimum amount at the time of Account opening - Rs.500 Minimum amount per contribution - Rs.500 Minimum contribution per year - Rs.6,000 Minimum number of contributions in a year - one A subscriber can decide on the frequency of the contributions across the year as per his / her convenience. No maximum limit has been mandated. For Tier II, minimum contribution requirements are: Minimum contribution at the time of account opening - Rs.1000 Minimum amount per contribution - Rs.250 Minimum number of contributions in a year - one Maintain minimum balance of Rs.2000 at the end of each financial year