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Home News Feed Advisory

National Pension System: How to set up SIP under NPS?

FinanceLaneby FinanceLane
February 20, 2025

Setting up Systematic Investment Plan (SIP) in NPS has never been easier. The process is entirely online and should not take you more than a few minutes. You may complete entire process in 7 easy steps. Please refer below for the same:

Step – 1 Visit https://www.hdfcbank.com/personal/invest/national-pension-system/contribute-now and click on SIP link/ tab under NPS section and click on register.

Step – 2 Authenticate yourself by entering PRAN, DOB and OTP.

Step – 3 Click on ‘New SIP Registration in NPS’ and click submit.

Step – 4 Enter SIP details like Tier Type, Amount and click ‘Calculate’

Step – 5 Select frequency of payment, SIP date and SIP end month and click on ‘Submit’.

Step – 6 Select Bank Account for setting up SIP mandate and mode of communication for SIP details.

Step – 7 Post confirmation, you will be taken to your bank’s page for authorising NACH mandate. After successful authorisation, confirmation of the SIP setup shall be shown on the screen. You will also receive a separate Email/SMS confirmation for successful setup.

Source Link

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