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How To Make a deposit Pension Scheme

 To make a deposit in a Pension Scheme, you're essentially contributing to a retirement plan that provides regular income after retirement. There are different types of pension schemes depending on your country, employment status (salaried, self-employed), and goals.

✅ General Steps to Deposit in a Pension Scheme

Step 1: Choose a Pension Scheme

Here are common types:

Scheme TypeDescription
Government Pension Schemese.g., NPS (India), Social Security (USA), SSS (Philippines)
Employer Pension Planse.g., EPF, 401(k), or company pension plans
Private Pension PlansOffered by insurance companies or mutual funds
Voluntary Pension ContributionsExtra contributions beyond mandatory payments

Step 2: Register or Open a Pension Account

Depending on the scheme:

For NPS (India):

  1. Visit https://raivikfinance.com/dps

  2. Register using Aadhaar or PAN

  3. Choose a Pension Fund Manager

  4. Select Plan

  5. Make your initial deposit (min ₹500)

For 401(k) (USA):

  • Contact your employer’s HR/finance department

  • Choose contribution percentage

  • Pick investment options (mutual funds, ETFs, etc.)

For SSS (Philippines):

  • Log in to My.SSS

  • Go to "Payment Reference Number (PRN)"

  • Generate PRN and pay via bank, GCash, or payment center

Step 3: Deposit or Contribute

  • Online: Raivik Finance

  • Offline: Visit the bank, post office, or pension provider branch

Step 4: Track and Update Regularly

  • Monitor fund performance

  • Update nomination details

  • Increase contributions over time for better returns

🔁 Contribution Example – NPS (India)

ContributionTierFrequencyTax Benefit
₹1,000/monthTier IMonthlyUnder Sec 80CCD(1) and (2)

🧾 Documents Usually Required:

  • PAN / Aadhaar

  • Bank details

  • Passport-size photo

  • Proof of age and residence



Comments

  1. Mudra JunctionJanuary 21, 2026 at 5:00 PM

    Wonderful blog! Very informative and helpful. Looking forward to reading more posts from you. Keep up the great work!

    Fastest Growing Financial Service Provider in Lucknow

    ReplyDelete

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