Can an NRI open an NPS Tier 2 account?

The National Pension System (NPS) is an initiative of the Government of India to extend pension benefits to all Indian citizens, whether resident or non-resident (NRI). Non-resident Indians can have both an NPS Tier 1 and Tier 2 account if they have a PAN card and a bank account and are 18-60 years old. While an NRI's Tier 1 account can be opened online by visiting the website of any of the three Central Recordkeeping Agencies (CRA) - Protean (NSDL), KFintech and CAMS, a Tier 2 account cannot be opened online or until the NRI is physically prese

This article was originally published on April 04, 2022.