NPS Vatsalya Scheme

NPS Vatsalya is a pension and savings scheme designed specifically for minors, operated by the Pension Fund Regulatory and Development Authority (PFRDA) under the Ministry of Finance. A parent or guardian opens and manages an NPS account for a child, making regular contributions toward the minor's long-term financial security. When the child turns 18, they can take control of the account and continue building their retirement corpus.