The New Pension System or NPS-Lite System was launched by Pension Fund Regulatory & Development Authority (PFRDA),
the Ministry of Finance, Government of India to reach out to the economically disadvantaged section of the society to
extend old age security.
Bandhan was the 1st Aggregator (Registrar) for NPS-Lite services in India. Mr. Pranab Mukherjee, Hon'ble Union Finance Minister, handed over the PRAN cards at the launch function for NPS-Lite in Birbhum District of West Bengal. |
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Highlights of New Pension System as on February 29, 2012 |
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