Question

Recently, The PFRDA has decided to stop the facility of credit card payment for NPS contribution in which type of accounts.

A Tier I Correct Answer Incorrect Answer
B Tier II Correct Answer Incorrect Answer
C Tier III Correct Answer Incorrect Answer
D Both a and b Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The PFRDA has decided to stop the facility of credit card payment for NPS contribution in Tier-2 accounts. The PFRDA made its decision public through an official notification on August 3, 2022. Henceforth, payment through credit cards are not allowed for Tier-2 account for NPS account holders

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