Sannihitha Ponaka

Sannihitha Ponaka is an MBA graduate from Symbiosis and has more than 5 years of experience in the financial sector. Following her dreams in the field of finance, she leverages writing to communicate the importance of investing. Your go-to guide to creating amazing and easily understood investment content. Her forte lies in investment advisory and strategy with expertise in fundamental analysis and research.

nps vs ops

Difference Between NPS and OPS

The National Pension Scheme (NPS) is a retirement scheme.  Under this scheme, the subscriber shall make regular investments in the scheme.  The funds are invested in market-linked instruments.  Thus, NPS offers higher returns than other pension schemes.  60% of the...

nps vs epf

NPS vs EPF

The National Pension Scheme (NPS) is a retirement benefit plan that combines tax savings and pension payments. The pension amount depends on the asset classes and the fund manager's performance. The National Pension System offers the following two types of...

nps tier 2

NPS Tier 2 Account

NPS or National Pension System is a central government retirement scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA). It is an initiative to encourage regular savings among Indian citizens. Also, it offers dual benefits of tax saving...

nps tier 1 vs tier 2

Difference Between NPS Tier 1 vs Tier 2

The National Pension Scheme is a retirement benefits plan that combines tax savings and pension payments. The National Pension System offers the following two types of accounts, Tier 1 and Tier 2. NPS Tier 1 accounts are the most fundamental...

nps forms

NPS Forms: Account Registration, Maintenance and Withdrawal

NPS is a government initiative to encourage retirement savings. The Pension Fund Regulatory and Development Authority (PFRDA) governs this scheme. To subscribe to the NPS scheme, withdraw money, transact, and make other changes, one must fill the NPS form. This...

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nps contribution

NPS Contribution Online and Offline: Procedure, and Charges

How to make an NPS Contribution? To make a contribution to NPS through online or offline modes, an individual must have an NPS subscription and a Permanent Retirement Account Number (PRAN). The government sector employees are automatically enrolled in the...

scripbox logo

Integrated Ombudsman Scheme

PM Narendra Modi announced the Integrated Ombudsman Scheme for retail participation on November 12th 2021. This focuses on strengthening the customer grievance redressal mechanism. Under the Integrate Ombudsman Scheme, all complaints with respect to banks, non-banking financial companies (NBFCs) and...

How to Change Mobile Number in EPFO?

EPF members can avail various services such as checking EPF account balance, tracking status, etc. Also, a member must register their mobile number. However, there will be instances where the mobile number is changed. You need to update your mobile...