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Old June 7th, 2016, 05:47 PM
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Join Date: Mar 2012
Default National Pension Scheme State Bank Of Hyderabad

Hello sir my father is looking for a pension scheme from State Bank Of Hyderabad. Can any one here provide me detail of National Pension Scheme of State Bank Of Hyderabad?

NPS was initially introduced for Government employees and was later extended to all citizens of India. The SBH is rising as the bank of choice for a lot of new account holders and existing customers alike.

It comes as no surprise that SBH is gaining a lot of popularity among those seeking to open NPS accounts.

Features of State Bank of Hyderabad New Pension Scheme:

Age: The entry age for both tier I and tier II accounts is 18 to 60 years.

Tier-I account:
Persons who hold these accounts cannot withdraw from these accounts till the age of 60. Subscriber can use NPS calculator to get an estimate of your scheme amount.

Tier-II account: A subscriber can withdraw from this account.
It should be noted that a Tier I account should be opened to open a tier II account.

Contribution:

Minimum initial contribution: `100/-
Minimum contribution: Minimum contribution of `1,000/- per annum is recommended to avail Swavalamban benefit and to ensure reasonable pension after retirement.
Maximum contribution: `12,000/- P.A.
Number of contributions per annum: minimum one




Here I’m attaching PDF of National Pension Scheme State Bank Of Hyderabad application form:

Last edited by Neelurk; March 14th, 2020 at 11:07 AM.
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