A retirement account that begins in childhood and never has to be restarted.
A parent or guardian opens the account and contributes on the child's behalf, choosing how the money is invested.
The account seamlessly converts into a standard All-Citizen NPS in the child's own name - no restart, no new account.
They continue as a regular NPS subscriber, with decades of a head start already working in their favour.
See what an early start is worth.
Money invested for a child has decades to compound. Set the numbers below to see the corpus at 18 - and what happens if they keep the account going to 60.
At 60 you decide the split: withdraw up to 80% as a tax-free lump sum, with at least 20% buying an annuity that pays a monthly pension for life.
TIME does most of the work, not the TIMING
Who it is for, and what it takes.
It is designed to be simple for any Indian family to start on behalf of a child.
NPS Vatsalya is specifically for minors; the child is the sole beneficiary of the account.
A parent or legal guardian manages the account and its investment choices until the child turns 18.
Standard identity verification (such as PAN and Aadhaar) of the guardian is required.
A modest yearly contribution keeps the account active; you can contribute more whenever you like.
When the money can come out.
Vatsalya is built to stay invested until the child is an adult - but the rules make room for education, illness and the unexpected.
Up to 25% for education, illness or disability
Once the account has completed three years, the guardian can withdraw up to 25% of the contributions made - not the total corpus - for the child's education, treatment of a specified illness, or disability of more than 75%.