Stories
Open NPS Account Instantly With Rs 250 Using BHIM App
M
Moneycontrol•14-10-2026, 17:30
Open NPS Account Instantly With Rs 250 Using BHIM App
- •Eligible Indian citizens aged 18 to 85 years can now open a National Pension System account in just three simple steps using the BHIM Payments App.
- •The Tatkal NPS facility utilizes existing bank-verified KYC, removing the need for physical branch visits or fresh paperwork.
- •Users can start their pension account with a minimum initial contribution of Rs 250 through UPI.
- •The feature is currently available for customers of State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank, and Bank of Baroda.
Key Questions Answered
Tatkal NPS is a facility introduced by PFRDA that allows eligible Indian citizens aged 18 to 85 years to open a National Pension System account in three simple steps using the BHIM Payments App and existing bank-verified KYC.
Tatkal NPS on BHIM is currently available to customers of six major banks: State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank, and Bank of Baroda, with additional banks expected to be integrated later.
The minimum initial contribution required to open an NPS account via Tatkal NPS on BHIM is Rs 250, and subsequent contributions can start from Rs 10.
