PFRDA Issues NPS Vatsalya Scheme Guidelines 2025 for Minors’ Retirement Savings
Pension Fund Regulatory and Development Authority (PFRDA) issued NPS Vatsalya Scheme Guidelines 2025 for a contributory savings and long-term financial security scheme exclusively for minors. It covers Indian citizens, including NRI/OCI, below 18 years. Account is in the minor’s name, operated by guardian. Minimum initial and annual contribution is ₹250 with no maximum; contributions may be gifted. Guardian selects a PFRDA-registered pension fund. Partial withdrawal after 3 years up to 25% of own contributions for education, medical treatment and specified disabilities, with limits on frequency.
PIB



