LUMENARIO
Content Duplication
← Content Overlap Report
A-935

First documentPension Plans: Buy Best Pension Scheme in India 2026Open original ↗

→
A-716

Second documentNational Pension Scheme (NPS): How to Invest & Maximise ReturnsOpen original ↗

A-716 → A-935 A-935 → A-716
Low overlap

Document Overlap

8.4%

Top paragraph overlap

100.0%

Page comparison

Paragraph matches

Strongest non-zero match for each paragraph.

First paragraph31 words

B. Online Mode

Click on the registration and proceed with the 'register with Aadhaar' option. Provide your Aadhaar number and click on 'Generate OTP'. You will receive an OTP on your registered mobile number.

28.3%
Second paragraph25 words

Follow the Steps Below to Open your NPS Account Online

Fill in your Aadhaar card and PAN card numbers. On doing so, you will receive a one-time password (OTP) on your registered mobile number.

First paragraph65 words

Types of NPS Account

There are two types of NPS accounts - Tier I and Tier II. Tier I is a default account. When you open an NPS account, the Tier I type account gets opened. Tier II is the voluntary addition to your existing account. In this type, you are allowed to invest and withdraw funds any time you want. A comparison between the two types is as below:

14.6%
Second paragraph149 words

What are the Types of Accounts in the National Pension System?

Tier I NPS Account - Tier I is a retirement account. On opening a Tier I NPS account, you are allotted a 12-digit permanent retirement account number (PRAN). You can open this account with a minimum contribution of ₹500. However, to keep the account active, you need to contribute at least ₹ 1,000 in a financial year. There is no cap on the maximum investment you can make in your Tier I account. The money you invest in this account is locked until you turn 60. On turning 60, you can withdraw 60% of the corpus as a lump sum. You must use the balance of 40% of the corpus to buy an annuity plan from an insurance company that will pay you a monthly pension. Under Section 80CCD of the Income Tax Act 1961, the investments you make in your Tier I NPS account qualify for tax exemption.