@Bhuvan I would like to shift my nps to zerodha since this will help me to get a combined view of investments. Hope POP switch becomes live ASAP
One of the features that have been on zerodha’s todo list for ages.
How long is it likely to be in the just to do list :l
Though i now use wint wealth and golden pi to often invest in bonds since in zerodha it just shows we’re working on it.
@Bhuvan is it possible to invest via credit card in nps via zerodha? If not possible can we login to nps website and invest in nps (created from zerodha account) as it has option to purchase via credit card.
When can we expect to transfer existing NPS accounts? Any tentative timeline?
Hi @Roby @ranton137 @Chetan_Nahata @Karthik_Ragu
We are unable to do this is because of limitations with the CRAs.
We have figured out a solution but it will take some time.
This is interesting, so does this mean I can pledge my NPS holdings for collateral the way I do for mutual funds @Bhuvan? Thanks for this!
Hi @GuestTrader
At Zerodha, client cannot invest via credit card.
if the CRA website allows it, Yes, you can purchase
Disclaimer: Please manage the risks associated with credit card purchases carefully
Nope, not possible. NPS is a separate architecture altogether regulated by PFRDA and not SEBI.
CAN I MOVE MY NPS SUBSCRIBER TO THE COIN
Hi @Nandu_Reddy
Not currently. But we’re working on making this possible.
Hi @Roby @ranton137 @Chetan_Nahata @Karthik_Ragu We are unable to do this is because of limitations with the CRAs. We have figured out a solution but it will take some time.
Any timeline.
How to see combined portfolio on the Coin app? Only on Coin Web, when I select NPS from the drop down, I can see NPS details. That option is not even available on the Coin app.
I recently created NPS with Zerodha with super high hopes to see the portfolio combined with my mutual funds, but I dont see that yet.
Tier 2: This has no lock-in, you can invest and withdraw anytime you want to, similar to mutual funds. We aren’t offering this to start with.
when does Tier 2 option will be available ?
This is currently work in progress and will be launched soon on the app. Hopefully by end of August or even earlier.
Is tier 2 NPS considered in 80C ? I read somewhere it’s not.
That’s right. Tier 2 NPS is not considered in tax benefits under section 80C
can we invest lump sum in NPS tier 1 or it is like SIP ?
can we invest lump sum in NPS tier 1
You can invest through SIP route or Lump sum in NPS
Where will we get investment proof(like certificate) if we invest through coin?