National Pension Scheme you don't have to worry about this. We have some information that is related to the National Pension Scheme. Any Indian citizen can invest in this scheme but the only one condition is their age is 18 to 60 years. However those person who have already this account or Government employee those are covered under this NPS account they don't open it again.
Even NRI are also open the National Pension Scheme account here is the condition is his/her bank account is based from Indian bank. Contributions made by NRI are subject to regulatory requirements as prescribed by RBI and FEMA from time to time. Most important thing is NPS account is available for those are citizen of India. if their citizenship change than their NPS account is closed.
Good news is that if you have invest in the other Provident fund and other investment plan even you are invest in this NPS. This is open for all you contribution to any Provident Fund. ICICI Direct website that is provides the non government /private entities facilities. other question is what is PRAN than i'll tell you PRAN stands for Permanent Retirement Account Number. that Every individual who invests in the NPS will be alotted a PRAN.
National pension Scheme is good for every retirement person. That is amount of your joys in the retierment. The Government will not be making any contribution to your NPS account. The Government of India may however, make contributions to the accounts of NPS account holders who opt for Swavalamban scheme subject to conditions stated in Swavalamban scheme. (The details of the Swavalamban scheme is out of scope for this article and we shall look into it in future)
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