Corporation Bank NPS

Hello, I want to know the details of the New Pension Scheme of the Corporation Bank as I want to take the scheme.

[Shaleen]

Hello, here I am providing you the details of the New Pension Scheme of the Corporation Bank as under:

About the scheme:
The Government of India has made a list of aggregators who can open and maintain accounts under the New Pension Scheme, and Corporation Bank is one of the few banks which are authorised to do so. A vast branch network and easy accessibility make Corporation Bank an ideal destination for individuals keen on opening and maintaining a subscription.

Basic Eligibility
Applicants should be Indian citizens. NRIs can also open an account under this scheme
An applicant should be in the age bracket of 18 to 60 years

Individuals who cannot open an account under New Pension Scheme
Undischarged insolvents
An applicant who is of unsound mind
An Individual who already holds an account under this scheme

Documents Required for NPS
Valid government approved ID card. This could be a driving license, PAN card, passport, etc.
Proof of date of birth
Valid address proof
Duly filled application form
Photographs
A cancelled cheque (for composite/tier 2 applications)

Benefits
Flexible
Easy opening
Portability
Government Regulation