Scheme

What is nps

What is nps

Net Promoter Score (NPS) is a customer loyalty and satisfaction measurement taken from asking customers how likely they are to recommend your product or service to others on a scale of 0-10—but there's a lot more to the story than that.

  1. What NPS means?
  2. Who are eligible for NPS?
  3. How is NPS calculated?
  4. What is NPS scheme and benefits?

What NPS means?

National Pension Scheme (NPS) is a government-sponsored pension scheme. It was launched in January 2004 for government employees. ... On retirement, subscribers can withdraw a part of the corpus in a lumpsum and use the remaining corpus to buy an annuity to secure a regular income after retirement.

Who are eligible for NPS?

Any Indian citizen in the age group of 18-60 can open an NPS account. NPS is administered and regulated by the Pension Fund Regulatory Authority of India (PFRDA). The NPS matures at the age of 60 but can be extended until the age of 70.

How is NPS calculated?

Your Net Promoter Score is calculated by: Subtracting the percentage of detractors from the percentage of promoters. ... For example, if 10% of respondents are detractors, 20% are passives and 70% are promoters, your NPS score would be 70-10 = 60. Your NPS could range from -100 to 100.

What is NPS scheme and benefits?

National Pension System (NPS) is a retirement benefit Scheme introduced by the Government of India to facilitate a regular income post retirement to all the subscribers. PFRDA (Pension Fund Regulatory and Development Authority) is the governing body for NPS.

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