Use the NPS Calculator ( coming soon... ) to get an idea of the amount you need to invest in order to live a retirement you have planned for.

You can register yourself online through the 3 available CRAs- NSDL, KFin,and CAMS and open an eNPS account by clicking on the ‘National Pension System’ tab followed by the ‘Registration’ tab. You can also go through offline route by contacting an appointed POP (Point of Presence) by PFRDA.

Eligibility Criteria for NPS

Any individual who is a citizen of India (both resident and Non-resident), falling in the age group of 18-70 years are eligible to join NPS by opening Tier-I – the primary, pension account – as well as the Tier-II or investment account.

Types of NPS account

There are two primary account categories under the National Pension Scheme – Tier I and Tier II. While a Tier I account is a basic pension account, a Tier II account is more of an additional savings option.

  NPS Tier I NPS Tier II
Eligibility Indian citizens between 18-70 years NPS Tier I members
Investment Limit Minimum investment of ₹500 annually Minimum investment of ₹1000 annually
Tax Benefit Up to ₹1.5 lakh in tax deduction under Section 80C. Additional Rs. 50,000 allowed over and above the 80C limit u/s 80 CCD(1B) No tax benefits
Maturity Subscribers can withdraw NPS account balance upon retirement or exit from the scheme Subscribers can make deposits and withdrawals without restriction

Now to generate your Acknowledgement number select Aadhaar as your identity document continue with the process online. Make sure the mobile number used is linked to your Aadhaar, so that the OTP generated can be used to further to confirm your personal details.

After confirming all your details, you get the Acknowledgement number via SMS or Email. You can proceed further to provide details such as your occupation and bank account details.

At this crucial step as subscriber you need to select a pension fund manager out of the available options and also choose whether you want to put your investments in Active or Auto mode. Here you can select Max Life Pension Fund Management as the PFM to manage your investments .

Active choice

If you are someone who wants to have complete control of your investments, then this is the option for you. You can choose from the following asset classes –

Asset Class E

Refers to the equity and equity-related investments of NPS

Asset Class C

Refers to government bonds and related investments of NPS

Asset Class G

Refers to government bonds and related investments of NPS

Asset Class A

Refers to alternative investments made by NPS such as Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), Alternative Investment Funds (AIFs), etc.

Auto choice

You have the option to put your investments in the convenience of Auto choice with NPS. You can choose between 3 life cycle options:

LC 75

This lifecycle offers you higher returns at a higher risk

LC 50

This lifecycle offers you moderate returns at moderate risk

LC 25

This is a low risk- return option

Basis what you choose, your money will be invested in various asset classes.

You need to appoint your nominees and also decide the share of proceeds they will be entitled to. Upload required documents such as PAN, cancelled cheque and signature to proceed for the payment.

You will have to make the minimum contribution to your Tier-I account to get started. Download and keep the subscriber registration form, which contains your ePRAN (Permanent Retirement Account Number). You will need this number to make future NPS contributions and other transactions.

If you are facing an issues with your enrollment or have any queries pertaining to the process or NPS then you can reach out to us on

Max Life Pension Fund Management Limited (PFRDA Regn. No. PFRDA/PF/2022/002) - Max Life Pension Fund Management Limited is a wholly owned subsidiary of Max Life Insurance Co. Ltd. – Registered office, 3rd Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram 122002, Haryana. Right to use the Trademark displayed belong to Max Financial Services and with its consent, are used by Max Life Pension Fund Management Ltd. Website: