Can I open a new NPS account within one day ? Since 31st march is last day of FY and I thought it’s a good idea to claim additional tax benefits of 50k.
From my personal experience, it would take
- 2 days to verify account statement(if you start NPS from Zerodha)
- 1 day for NPS virtual account activation(for NEFT transfers)
- 1 more day for the transfer to get reflected
So, it should take 4 days (add additional days for weekends or holidays in between those 4 days)