Know the Procedure to Open an Online NPS Account by Non-Resident Indian (NRI)

The NPS or the National Pension Scheme account can be opened and operated by any of the resident India who is aged above 18 years to accumulate their saved earnings for future use. Apart from an Indian Resident even a Non - Resident Indian or NRI can also open the NPS account with the required set of documents.

All that an NRI needs is to have a Bank Account and PAN Card to open the NPS account.

By opening the NPS account, the non-resident Indians can get a tax exemption of up to Rs 1,50,000 per annum under Section 80C and up to Rs 50,000 per annum under Section 80CCD(IB) of the Income Tax Act of 1961.

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