National Pension Scheme Invest Now Through Bajaj Markets
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National Pension Scheme: Invest Now Through Bajaj Markets

  • Thursday, July 6, 2023 6:35PM IST (1:05PM GMT)
 
Pune, Maharashtra, India:  
Investors looking to open a National Pension Scheme (NPS) account can now do so on Bajaj Markets, a subsidiary of Bajaj Finserv. This government-backed voluntary retirement scheme has been developed to ensure regular investment contribution pre-retirement and a steady source of income for individuals post-retirement.
 
Leveraging NPS investments can have significant utility for subscribers, aside from receiving post-retirement income. Individuals can enjoy the following benefits provided under the scheme:
 
  • Tax savings on investing up to Rs. 50,000 under Section 80CCD (1B) in individual NPS
  • Tax savings on investing up to 10% of basic salary and dearness allowance under Section 80CCD (2) in corporate NPS
  • EEE tax benefit
  • Portability across cities and occupations
  • Optimised returns owing to a combination of debt and equity
  • Flexibility in choosing investment options like lump sum or SIP
  • Provisions to make partial withdrawals on conditional basis
 
Individuals can also make use of the digital investment solutions available on the Bajaj Markets platform and explore the offerings provided under NPS. Some advantages of investing in NPS on the platform are: 
 
  • 100% digital account opening process 
  • Ease in making subsequent contributions with an enhanced portal
  • Investor assistance availability 
 
These benefits make investing in NPS an attractive choice for salaried Indian citizens. To get started, individuals must simply visit the Bajaj Markets website or download the app to create their account in just a few clicks. 


About Bajaj Markets

Bajaj Markets, a subsidiary of Bajaj Finserv, and one of the fastest growing fintech in India is a one-stop digital marketplace that offers multiple financial products across all categories - Loans, Cards, Insurance, Investments, and Payments. Bajaj Markets has partnered with some of the most trusted names to offer choices to its customers and help them achieve their financial life goals.

Having started its journey as a fintech, Bajaj Markets has since then, built a very strong business as a techfin. Its technology services businesses are built on its core capabilities in consumer insights, technology, and data analytics. Its first B2B SBU, Skaleup, has been created to become the leading digital technology services provider in India through deep domain expertise and execution capabilities.
 
Bajaj Markets has built a new business unit to become the preferred partner for digital technology initiatives across all group companies of Bajaj Finserv. Herein, the strategy is to align with the digital technology roadmap objectives of all the group companies of Bajaj Finserv and offer digital technology services and platforms at market competitive rates.

Visit www.bajajfinservmarkets.in or download the Bajaj Markets app from Play Store or App Store. With Bajaj Markets, “Ab Choices Hue Aasaan”. 

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