The NPS for Minor account can be opened through Point of Presence (POPs) registered with PFRDA either online or physical mode, which include major banks, India Post, Pension Fund etc. (List of PoPs is available on PFRDA website - www.pfrda.org.in). What is the NPS Vatsalya Scheme: Learn about its Aim, Benefits of the Scheme, eligibility, and step-by-step guide on how to apply online. NPS Vatsalya is a pension scheme that allows parents or guardians to open a PRAN for their child and invest in various asset classes. Learn about the eligibility, benefits, withdrawal rules, and how to apply for this scheme that aims to secure the financial future of minors. Indian Government has taken the initiative to launch the NPS Vatsalya Scheme 2025 which aimed at encouraging long-term savings for minors. This scheme allow parents and guardians to invest on behalf of their children.
