NATIONAL PENSION SYSTEM (NPS) What is NPS? ‘© NPS is 2 voluntary, simple, regulated, portable and flexible pension system that allows you to make regular savings for your retirement © NPS is 2 useful retirement planning tool and also 2 good tax planning investment opportunity {© NPS has been introduces by Govt of Inaia and is regulated by Pension Fund Regulatory and Development Authority IPFROA). PERDA is an statutory body set up by Gav. of India, Ministry of Finance to promate old age income security and regulate the pension sector, © Stockilding is registered with PERDA 2s POP [Points of Presence) to act as a link between you and NPS. What are the benefits of NPS? © Itis simple -Al'you have to dois to approach any designated branch of StackHolding, Our officers willbe happy to assist you for competing al the formalities thereafter. ‘© Itis voluntary - You can decide the amount you want to set aside and save for retirement. fItisflexise -You can choose your investment option as well as Pension Fund Manager and see your money grow. © Itis portable - You can operate your account from anywhere inthe country, even ifyou change your iy, ab, your pension fund manager and investment asset ciasses. You will havea unique PRAN (Permanent Retirement Account Numberl that remains with you forthe rest of your life Itisa low cost produc for retirement planning - Details of applicable charges wil be avallable with designated branches of StockHolding Iie market bazed - NPS is structured to give you freedom in decising the investment for your carpus. You can exeect market based returns and bulld your retirement corpus the way you wan. IRis regulated - NPS is regulated by PFRDA with transparent investment norms as wel as regular monitoring and performance review of fund managers by NPS Trust What are the tax benefits? All Citizen Model Tax benefits (Applicable from FY 2015-16] Tax deduction limit under see 80 CCOI"] celing raised from 1.09 Lac to€1.60 Lacs. From FY. 2015-16, subsctiber willbe allowed exclusive tax deduction in addition tothe deduction allowed under Sec CD11) for aditional contribution in his NPS account subject to maximum of € 60,000 under sec. 89CCD1(8) Corporate Model -To employers Contributions made bythe employer (up to 10% of Basic +DAl are allowed as a business expense under Section 2611) V [a of Income Tax Aet 1961, Corporate Model -To Employees Employees own contribution is eligible for tax deduction under Sec. 80 CCD [1] of Income Tax Act upto 19% of salary (Basic + DAI. This is within the overall ceiling of€ 1.50 Lacs under Sec. 80 CCE ofthe Income Tax Act. © Employee also gets tax deduction for the contribution made by the employer under section 80 CCD [2] of IT Act up to 10% of salary (Basic + DA which is in addition tothe tax benefits available under Sec. BOCCE Who can invest? ‘NPS is open to every indian Citizen between the age of 18 and 60 years atthe time of ining © The earlier you star, the greater wil Bethe growth of your retirement corpus. You shoud take advantage of compounding of your wealts by joining NPS, right now How much to invest? ‘© You can make contributions as per your convenience, subject o following conditions: * Minimum amount per canribution -€ 500 = Minimum contribution er year -€ 1000, 1 Minimum numberof contributions per year What are the Investment Options? ‘NPS otters you two options to invest your money 1 Active Choice - Individual Funds You wil have the option to actively decide 25 to how your contributions should be invested among the following three asset classes Asset Class E~ Equity market instruments Asset Class C Debt instruments other than Government securities, 4 Asset Class 6 ~ Government Securities You can choose to invest your entre contribution in Cor G Asset Classes ar 2 combination of Cand 4 Gith upto maximum 80% in Asset Class E ‘Auto choice Lifecycle Fund - NPS offers an easy option for eizens who don't have the required expertise or don't want to decide asset classes forthe controtions made by them. In such cases your funds wil be investe in Accordance with the Auto Choice option. In this option, the investments are made ina ifecyce fund andthe distribution of your investments aotoss asset c'asses E, C and G are made automaticaly based on age. Who decides the Pension Fund Manager (PFM)? © Youwill decide your choice of PEM from among eight fund managers appointed by PFROA. {© It's mandatory to mention our PFM in the account opening form. You can change your PEM. in futureStockHolding How to invest? ‘© To cnroll in the NPS, contact us and complete the Subscriber Registration Form. The form is availabe fre of cost and ‘ur officers wil be happy to assist you in completing the formalities. You can also downcad the same from our web site wan stackholding.com, ‘© Submit th filed inform along with the payment [Cheque / Demand Draft) 1o the nearest StockHolding branch. ‘© The Cheque /DD has tobe in favour af "Stack Holding Corporation of India Ltd. Collection Account - NPS Trust What are the Withdrawal Benefits? Per Ex ‘Atany point in time before 6 years of ‘Compusiory Annuiisation = Minimum 80% age allowed to Subscriber wn have been | Lump Sumithsrawal ~ Maximum 20% inNPS for atleast 10 years) I Corpus « 1,00 Lac, complete withdrawal Oh aitaining the Age of 60 years orage et | + Annullsation| = Minimum 40% superannuation as prescribed in service | + Lump sum withdrawal Maximum 60% rules and upto 70 years of age + WCorpus <€2.00 lac, - Compete withdrawal + Subscriber can stay invested in the NPS upto the age of ‘years. Fresh contributions are allowed during such a period of deferment. = Can defer the withdrawal of eligible (ump sum amount Ullthe age of 70 years, ~ Annuity purchase can also be deferred for maximum period of 3 years atthe time of exit. Death due to any cause Th such an unfortunate event, option wil be avalable fo the nominee to receive 100% of the NPS pension wealth in lump um, However, ifthe nominee wishes to continue with the NPS, hel she shal have to subscribe NPS individually ater follow. ing due KYC procedure, Parti Withdrawal ‘Subscriber wil have the option to withdraw up to 25% of his aw contribution in certain circumstances, How will the Pension be available? ‘© On exit from NPS, you wil have to transfer the portion ofthe retirement corpus you decide to annuitize to any ofthe ‘Annuity Service Providers IASP) appointed by PFRDA (¢ ASPs appointed by PFRDA would be responsiele for delivering a regular monthly pension to you after your exit from NPS. ‘© The ASP will provide you a monthly pension based on the amount you have annuitized. For any further information and explanations, StockHolding offices will be happy to assist you, About StockHolding: StockHolding Corporation of India Ltd, [StockHolding) was incorporated as a Public Limited Company in 1986 StockHHolding is promoted and owned by leading Financial institutions ané Insurance Majors, StockHolding has aPan india network of clase to 190 branches spread across more than 150 cities/ towns. StockHolding has pasitioned itself as one of the market leaders providing financial services over the last 26 years and holds Assets under Custody of € 30 trillion, the largest in india, Stocktolding enjoys the trust of lakhs of customers given it nsittiona status ang has @ proven track record of Process, Operational and Service capabilities. StockHolding provides Demat, Sub Broking, Stamping, Third Party Product distribution, Document Management System and Insurance Repository Services. Stock Holding Corporation of India Limited ‘Anmodabac: 079 - 26464760 | Bangor: 080 - 22005248 | Chancigar: 0172-27025 | Channa: 44 - 4100200 | Guwahati: 0361 2454213 yderabac: 040 -23740648 | Indore: 0731 ~ 4026910 | Kolkata: O33 - 40250710 | Mumba: 022 61778500 | Now Oalh: O11 ~ 43546863, ‘SMS to 8807005 | Contact us: 1800 22 960 (Toll Free) | Emall: sales@stockholding.com ‘Website: www.stockolaing.com [tps:twwa facebook coniSteckHoldingIN C1 htips:swww twitter comiStockHoldinglN