National Pension System

National Pension System (NPS)

NPS is a market-linked pension scheme regulated by PFRDA and supported by the Government of India. It allows you to invest regularly during your working years and receive a lump sum + monthly pension after retirement.

Farsight Securities Ltd. is registered as a Point of Presence (PoP) for the National Pension System (NPS) under the Pension Fund Regulatory and Development Authority (PFRDA).

Key Features of NPS

Low Cost, High Efficiency

Enjoy one of the lowest investment and management costs in the market.

Flexible Investment Choices

Employers or employees can choose from multiple asset classes and pension funds.

Online Access – 24 × 7 × 365

Track and manage your NPS account anytime, anywhere.

Fully Regulated & Secure

Managed by professional fund managers and regulated by PFRDA.

Tax Efficiency

Save tax on employee and employer contributions under the Income Tax Act.

Portable

Your NPS account (PRAN) stays the same and can be accessed anywhere in India

Why Choose Farsight: Partner with us to unlock structured growth, regulatory credibility, and long-term income opportunities in the retirement advisory space.

                                    
                                                Personalized NPS Guidance 
                                              
                                            Plans tailored to your age, risk profile, and retirement goals.
                                        
                                            Simple & Transparent 
                                            Easy tracking of investments with complete clarity.
                                        
                                            Flexible Retirement Benefits 
                                            Partial withdrawals, annuity options, and portability across jobs.
                                        
                                            Smart Retirement Strategy 
                                            Focus on long-term growth and stable post-retirement income.
                                        
                                            Dedicated Support 
                                            Assistance at every step of your NPS journey.

NPS: Eligibility, Choices & Withdrawal Rules

Eligibility to Open an NPS Account

Age: 0–18 years: NPS Vatsalya 18–70 years: Regular NPS (continue till 85 years)
Citizenship: Indian Residents, NRIs & OCI holders can apply.
KYC Compliance: Mandatory at the time of registration.
Capacity: Must be legally competent to enter into a contract.
Account Type: Individual accounts only; HUFs, PIOs, or third-party accounts are not eligible.

Account Types

Tier I Account (Retirement Account)

Mandatory for retirement savings.
Offers tax benefits under the Income Tax Act.

Tier II Account (Optional Account)

Voluntary savings account.
Requires an active Tier I account.

Investment Options

Active Choice (Subscriber-Managed)

You decide the asset allocation across Equity, Corporate Bonds, Government Securities, and Alternative Assets.

Auto Choice (Lifecycle Management)

Allocation adjusts automatically based on your age.

Pension Fund Managers (PFMs)

Choose one of 10 registered PFMs to manage your portfolio.

NPS Withdrawal / Exit Rules

                                    Small Corpus (≤ ₹8 Lakh): 100% lump sum, no annuity needed.
Mid Corpus (₹8–12 Lakh): Up to 80% lump sum, minimum 20% annuity; structured withdrawals available.
Normal Exit (≥ ₹12 Lakh / Age 60+): Up to 80% lump sum; choose lump sum or systematic withdrawal, 20% goes to annuity.
Premature Exit (Before 60): 20% lump sum, 80% annuity needed
Deferred Exit (Age 60–85): Exit as per corpus rules; defer withdrawal up to age 85.

                                