BHIM launches 'Tatkal NPS': pension account from Rs 250

The BHIM app has introduced 'Tatkal NPS', letting users open a National Pension System account in a few clicks using their existing bank KYC. The initial contribution is Rs 250, with top-ups from Rs 10; the service is available to customers of SBI, HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank and Bank of Baroda aged 18–85.

• Opening an NPS account in BHIM requires an initial Rs 250 contribution
• Subsequent contributions can start from Rs 10
• Service available to customers of six banks including SBI and HDFC
• Eligible age range is 18 to 85 years