NPS (National Pension System)

byPaytm Editorial TeamLast Updated: November 14, 2025

Full Form & Meaning

Full form: National Pension System.

NPS is a government-backed retirement savings plan that allows individuals to invest during their working years and get regular income after retirement.

Features

  • Open to all citizens aged 18–70.
  • Offers tax benefits under Section 80C.
  • Managed by PFRDA.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

Payment ProcessorLast Updated: August 12, 2025

Meaning A Payment Processor is a company or system that handles the technical aspects of moving payment information…

Digital WalletLast Updated: August 12, 2025

Meaning A Digital Wallet is a virtual tool that stores your money and payment details like bank account…

CessLast Updated: December 12, 2025

Meaning & Definition Cess is a tax levied by the government on income or goods for a specific…