Answer-What is the lock-in under NPS Vatsalya Account?

The NPS Vatsalya scheme was announced in the Union Budget of 2024-25. It is a saving-cum-pension scheme for all minor citizens under 18 years of age. The details are as follows

Question

What is the lock-in under NPS Vatsalya Account?

A 5 years of subscription

B 8 years of subscription

C Till age of 15 years

D Till age of 18 years

E No lock in

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What is the lock-in under NPS Vatsalya Account?

Solution