Latest News | PFRDA Inaugurates App for Financial Inclusion, Boost NPS

New Delhi, Mar 7 (PTI) PFRDA Chairperson Deepak Mohanty on Thursday launched a web application developed by Zerodha Broking Limited to provide easy access to NPS for subscribers.

The app offers seamless access to NPS to a wider subscriber base, the Pension Fund Regulatory and Development Authority (PFRDA) said in a statement.

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Mohanty said that there is merit in joining NPS at a young age to harness the benefit of compounding.

NPS provides continuity to retirement saving accounts irrespective of one's employment status and is available for non-resident Indians (NRIs), it said.

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As youngsters are tech savvy, the facilitation by Zerodha Broking Limited would expand access to NPS, it added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)