NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explained
Non-Resident Indians (NRIs) are eligible to invest in the National Pension System (NPS), a government-backed retirement savings scheme, provided they meet specific criteria. NRIs must be Indian citizens aged between 18 and 70, and contributions must be made through NRE or NRO accounts, complying with KYC norms. While NRIs can open Tier I accounts with tax benefits, they are currently not allowed to open Tier II accounts, which permit unrestricted withdrawals.