Our bank has launched National Pension System (NPS), through all our branches. PNB is registered as Point of Presence (POP) and all our branches will act as Point of Presence-branches(POP-SP) for assisting the individuals for operating NPS.
National Pension system (NPS) launched by Govt. of India and regulated by PFRDA, is a voluntary, defined contribution retirement savings scheme. NSDL e-governance infrast. Ltd. is CRA (central record keeping agency) for recording details of subscriber.
Under the NPS, an individuals’ savings is pooled in a pension fund. These funds are invested by PFRDA regulated professional fund managers as per the approved investment guidelines in the diversified portfolios comprising of government bonds, bills, corporate debentures and shares.
For more details, please visit PFRDA site at www.pfrda.org.in