NPS Now Accepts Payments Via UPI: Simplifying Pension Contributions
The Pension Fund Regulatory and Development Authority (PFRDA) has enabled National Pension System (NPS) subscribers to make contributions using UPI QR code.
This new system allows for easy transfer of contributions and the initiation of a systematic investment plan (SIP) directly through NPS.
The move marks a significant step in making financial processes more accessible and efficient for Indian citizens.