1. Policy Overview & Objectives
NPS Vatsalya enables parents and guardians to open a dedicated pension account for minor children starting from ₹1,000/year, creating a multi-crore retirement foundation through long-term compounding.
2. Key Highlights & Parameters
3. Eligibility Criteria
- All Indian citizen minor children below 18 years of age.
- Account operated by natural parents or legal court-appointed guardian until child turns 18.
4. Mandatory Documents Required
Birth Certificate, School Leaving Certificate, or Passport.
Guardian's PAN Card, Aadhaar Card, and Bank Account details.
5. Step-by-Step Application Process
Visit eNPS / Bank
Open account via enps.nsdl.com or through registered POP banks/Post Offices.
Submit Details
Upload child's birth certificate and guardian's KYC.
Fund Selection
Choose Pension Fund Manager (SBI, LIC, HDFC, ICICI, etc.) and investment choice.
PRAN Generation
Get PRAN card and make ongoing contributions online via UPI/Net Banking.
6. Interactive Policy Calculator
Calculate Benefits for NPS Vatsalya Scheme
Use our updated 2026 mathematical algorithm with latest rates.
Launch NPS Vatsalya Scheme Calculator →7. Frequently Asked Questions (FAQs)
Yes, after 3 years, up to 25% of guardian contribution can be withdrawn for higher education, specified illnesses, or disability.
Child submits fresh KYC within 3 months and takes over complete individual ownership of the NPS Tier-I account.
Rajesh Kumar
Senior Policy Analyst & Certified Financial Planner | M.A. Public Administration (DU) | Certified Financial Planner (CFP)