NPS · Pimpri-Chinchwad

    NPS Account Opening in Pimpri-Chinchwad

    Open a National Pension System (NPS) account in Pimpri-Chinchwad with Money n Wealth. We help salaried employees, self-employed professionals and parents (NPS Vatsalya) open, fund and plan their NPS through our tie-up with a PFRDA-registered Point of Presence — from our Thergaon office or fully online.

    ₹50,000
    Extra deduction (old regime)
    Up to 14%
    Employer deduction (new regime)
    Up to 80%
    Lump sum at exit

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    Who in PCMC benefits most from NPS

    Pimpri-Chinchwad's manufacturing and automotive belt — Bhosari, Chakan, Talegaon and Pimpri MIDC — employs thousands of salaried engineers and managers, many of whose employers offer NPS through payroll. Employer contributions of up to 14% of basic salary plus DA are deductible even under the new tax regime, which makes NPS one of the few tax breaks that still works for most salaried people.

    Self-employed professionals and small-business owners in Chinchwad, Akurdi and Nigdi can use NPS as a disciplined, low-cost retirement account, and old-regime taxpayers get an extra ₹50,000 deduction under Section 80CCD(1B).

    What you need to open an NPS account

    Opening is paperless and typically takes one sitting. Keep these ready:

    • PAN and Aadhaar (linked mobile number for OTP)
    • Bank account details for contributions and future payouts
    • Nominee details
    • A choice of pension fund manager and Active or Auto investment choice — we help you decide
    • For corporate NPS: your employer's registration details, which HR usually provides

    Planning beyond account opening

    NPS works best as one part of a retirement plan alongside EPF, PPF and mutual funds. We help you set a contribution level, choose an equity allocation suited to your age, and plan the exit — how much to take as lump sum, how much to annuitise and when — under PFRDA's revised withdrawal rules.

    Visit us or meet online

    Money n Wealth, Greens, Thergaon, Pune 411033 · Mon–Fri 9 AM–6 PM, Sat 10 AM–2 PM · Video meetings available across India.

    Areas we regularly serve

    ThergaonChinchwadPimpriAkurdiNigdiRavetPunawaleTathawadeWakadBhosariChakanTalegaon
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    Frequently asked questions

    Where can I open an NPS account in Pimpri-Chinchwad?

    Money n Wealth facilitates NPS account opening from our office at Greens, Thergaon, Pune 411033, through our tie-up with a PFRDA-registered Point of Presence. You can also complete it online.

    Can I open NPS for my child?

    Yes. Parents can open an NPS Vatsalya account for a minor child; it converts to a regular NPS account when the child turns 18.

    Does NPS help under the new tax regime?

    Your own contributions are not deductible under the new regime, but your employer's contribution of up to 14% of basic plus DA is, under Section 80CCD(2).

    I already have NPS through my employer. Can you help?

    Yes. We can review your current allocation and fund manager, help you add voluntary contributions or a Tier II account, and plan your eventual withdrawal.

    Money n Wealth is a brand of Predics Fintech Services Pvt Ltd — AMFI-registered Mutual Fund Distributor (ARN-121995) and APMI-registered PMS Distributor (APRN-07444). We are not a SEBI-registered Investment Adviser. Investments are subject to market risks; read all scheme and offer documents carefully before investing.