Now you will not be able to deposit money through credit card in NPS Tier-II account: NPS Rule Change
PFRDA has said in a most recent choice that now the cntribution can not be kept with Credit card in the Tier-II account of NPS. PFRDA has restricted credit card contributions with quick impact
NPS News: The government has taken a significant choice connected with NPS, because of which you might deal with issue in keeping cash in NPS account. Benefits administrative body PFRDA has said in a most recent choice that now the commitment can not be stored with Visa in the Tier-II account of NPS. PFRDA has restricted credit card contributions with prompt impact.
As per a request gave by PFRDA on August 3, "The Authority has now concluded that Visa payments can presently not be made in the Tier-II account of NPS. Under this, all PoPs (Points of Presence) will be paid promptly With impact, payment with credit card has been prohibited.
What is NPS Tier-II?
Individuals picking National Pension Scheme as of now have Tier-1 account. Tier II account is at your will. In the event that you can open Tier-II account.
