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Rudra Choudhary

What is the minimum contribution for NPS Scheme and its service charges.

For Tier I account, the minimum contribution is Rs 1000. For Tier II account there is no minimum amount, but one has to maintain a minimum balance of Rs 2,000 at the end of each financial year. The investment in both these accounts earns compound interest to help you earn high returns. The service charge for public sector employee is 0.0102%, while for private sector employees are 0.25%.
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