Also read: NPS Vatsalya: Quickest way to open an account for your child – Follow these steps Fill in the required details for the minor (the child for whom the NPS Vatsalya account is being opened). Complete KYC Requirements: Provide necessary KYC documents (like proof of identity and address) as per the guidelines.

With the launch of the NPS Vatsalya scheme , parents are faced with a vital decision: should they invest in NPS Vatsalya or the established Sukanya Samriddhi Yojana (SSY) to secure their child's financial future?

The NPS Vatsalya program allows parents to make monthly investments starting from as low as Rs1,000, with no upper limit. It is designed to support the government's pledge to ensure overall financial security by providing its members with a secure and dignified financial future.

The NPS Vatsalya scheme allows parents to contribute as little as ₹1,000 annually in the child's name, making it accessible for families from all backgrounds

ET Wealth reached out to experts to know whether one should consider this scheme and how it compares with other options. Heres what they have to say.

NPS Vatsalya is the central government’s new pension plan for children, which Finance Minister Nirmala Sitharaman is launching today. We have all the details.

Union Finance Minister Nirmala Sitharaman has unveiled the NPS Vatsalya scheme, a new initiative aimed at providing pension accounts for minors. This scheme, managed by the Pension Fund Regulatory and Development Authority (PFRDA),

Sitharaman said the NPS was an easily accessible, low-cost, tax-efficient, flexible and portable retirement scheme. NPS in the last 10 years has grown at the rate of 37% CAGR with

Finance Minister Nirmala Sitharaman on Tuesday launched the NPS Vatsalya scheme, which will allow parents to save for their children's future by investing in a pension account. Parents can subscribe to NPS Vatsalya online or visiting a bank or post office.