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Home / Finance / Banking / Which Bank is Best for NPS?
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Which Bank is Best for NPS?

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0 2022-11-09T07:48:33+00:00

I think all of you are aware of NPS. It is the abbreviation of National Pension Scheme, a pension scheme  introduced by the government to provide social security for all the Indians. However my father did have some doubt about which bank is best for NPS so that his money can be safe and secure. I am sure many of you must be having the same query. Let me share what I got to know after doing a bit of research and if you have some more banks to suggest, please do it as well.

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Which is the best bank for NPS account?

After having a discussion with some colleagues, I learned that SBI is considered to be the best. It is the most used bank to open an account n by the Indian citizens thus it has always worked hard to improve itself and provide the best service to its customer. It gives good returns as well, approximately 15.39% so yes, you can opt for it. Other banks where you can have your NPS account are:

 
  • ICICI Pru. Pension Fund

  • Kotak Mahindra Pension Fund

  • LIC pension Fund

  • HDFC National Pension Fund

  • Axis Bank National Pension Scheme

  • Bank of Maharashtra New Pension scheme and more

It is hard to answer which bank is best for NPS but if you select any bank mentioned above, be sure your money is going to be safe and secure.

  Read More:

How to exit from NPS scheme?

How to change nominee in NPS?

How to download NPS statement?

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