Open your National Pension Scheme account with Meghalaya Rural Bank as your Point of Presence.
✅ One-time registration process
✅ Receive your PRAN
✅ Choose your investment preferences
📄Identity Proof (Aadhaar/PAN)
📄Address Proof
📄Passport Size Photograph
📄Bank Account Details
Make regular or one-time contributions to your existing NPS account.
✅Minimum contribution: Starting from ₹500
✅Set up auto-debit for regular contributions
✅Tax benefits on contributions
🖥️Online Banking
👥Branch Visit
📞Mobile Banking App
📖Standing Instructions
Discover why millions of Indians are choosing NPS for their retirement planning
✅Tax deduction up to ₹1.5 lakh under Section Sec 80 CCE
✅Additional tax benefit of ₹50,000 under Section 80CCD(2)
✅Tax-free withdrawal of 60% of corpus at retirement
✅Choice of pension fund managers
✅Active and Auto choice investment options
✅Flexibility to change asset allocation twice a year
✅Option to invest in equity, corporate bonds, government securities, and alternative assets
Find answers to common questions about NPS and our services
NPS, or National Pension System, is a government-backed, voluntary, defined contribution retirement savings scheme in India. It allows individuals to build a retirement corpus through systematic savings during their working life, with the goal of providing a regular income after retirement.
A Point of Presence (POP) is an authorized service provider for NPS, like Meghalay Rural Bank. POPs serve as the first point of interaction for NPS subscribers, facilitating services such as registration, contribution collection, and service request processing. They act as an intermediary between subscribers and the NPS architecture.
When a subscriber self contributes to their NPS account they can claim tax deductions on up to Rs.2 Lakhs of their annual income. However, the NPS tax benefits are only restricted to the Tier-1 account type.
