NPS Vatsalya
Secure Your Child's Future with the Power of Compound Growth
What is NPS Vatsalya?
NPS Vatsalya is a visionary scheme launched to empower parents to save for their minor children's long-term financial security. By starting early, you give your child the massive advantage of several decades of compounding.
The Advantage of Time
A small amount saved monthly from birth or childhood can grow into a substantial corpus by the time your child reaches adulthood or retirement.
The Vatsalya Timeline
The Building Phase
Parents/Guardians contribute. Corpus grows through market-linked investments (E, C, G).
Transition to Adult
Account seamlessly converts to a Regular NPS account in the child's name. Fresh KYC is performed.
Continued Growth
The child can continue contributing or let the existing corpus grow until retirement at age 60.
Key Features & Guidelines
Who can open the account?
Any parent or legal guardian can open an NPS Vatsalya account for a minor (Indian citizen) below 18 years of age. You can open it online or download the physical form from our Download Center.
How much can I contribute?
Minimum contribution is ₹1,000 per financial year. There is no maximum limit, allowing you to save as much as you want for your child's future.
Withdrawal Rules for Minors
Partial withdrawal of up to 25% of contributions is allowed for specific purposes like education or medical emergencies after a lock-in period of 3 years.
Investment Choices
Parents can choose between 'Active' or 'Auto' choice, selecting from Equity, Corporate Bonds, and Government Securities just like Regular NPS.
Manage Vatsalya Account
Already started saving? Keep building your child's future.
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Register NPS Vatsalya