Are you associated with the National Pension System (NPS)? Do you have difficulty in transferring your NPS funds due to changing jobs or changing the city? So there is no need to take tension now, because your money can be easily transferred from D-Remit! After all, what is D-Remit? In simple words, D-Remit is a digital fund transfer facility, so that subscribers of NPS can transfer their funds from one account to another without any hassle. It is specially designed for those who change jobs, change locations, or choose a separate pension fund manager.
How D-Remit works
Previously, manual processes and lots of documents were required to transfer NPS funds, which took a long time. But now with the help of D-Remit, you can transfer funds online from your NPS account, and that too in a quick and easy way.
Benefits of D-Remit
1. Easy Fund Transfer: Through D-Remits, subscribers help to maintain the same NPS account, even after changing jobs or changing the city. The transfer process is online, which reduces administrative delays.
2. Continuity in investment: Due to changing jobs or fund manager many times, the NPS contribution used to get a gap, but D-Remit will eliminate this problem and your investment plan will remain.
3. Rapid and effectiveness: D-Remit causes quick processes between NPS accounts, which can make your money correctly without any delay.
Why D-Remit is necessary in NPS?
D-Remit is not just a facility, but a big step towards making NPS more easier and effective. This is a great feature, especially for the people working in the private sector or for those who change the city again and again. Pension Fund Regulatory and Development Authority (PFRDA) is continuously working on making NPS more convenient and D-Remit is a great innovation in this direction.
Also read- Zero Income Tax, Heaven for Crypto investors: How is Vanuatu country, where Lalit Modi took citizenship