InvestorQ : Who is eligible for a Tier-I National Pension Scheme account?
tanvi Patel made post

Who is eligible for a Tier-I National Pension Scheme account?

Answer
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Nitin Shah answered.
1 year ago


A Tier I NPS account is the most basic form of pension account. The investment mix varies based on whether the subscribed individual is a government employee or not.

The parameters that an individual needs to meet to be eligible for a Tier-I National Pension Scheme account are:

- He/she needs to be a citizen of India, irrespective of whether he/she is a resident or not

- He/she needs to be18-60 years of age on the date of submission of NPS form

Please note, even non-resident Indians are eligible for the Tier-I National Pension Scheme.