Trusted National Pension System Advisor in Siliguri

Planning a pension or a fixed amount of monthly or annual income after retirement is one of the most important financial decisions you will ever make to ensure long-term independence and peace of mind. However, with inflation and the uncertainty of global markets, it becomes difficult to decide how much will be enough to sustain a good lifestyle. This is where the role of an expert advisor comes into play.

Wealmag offers the services of a trusted national pension system advisor in Siliguri by helping people overcome market uncertainty and fix a predictable retirement income. Led by the expertise of Mr. Biju Chakraborty and Mr. Kuntal Biswas, we combine the security of the National Pension System (NPS) with advanced wealth management strategies.

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Commercial Hub, 2nd Floor, Opp. Hotel Dolly Inn, Bidhan Road, Siliguri 734001

+91 94740 86995 +91 98003 50005

Benefits of Investing in the National Pension System

The National Pension System (NPS) is a reliable post-retirement pension scheme backed by the Government of India and regulated by the Pension Fund Regulatory and Development Authority (PFRDA). Before you choose us as your national pension system advisor in Siliguri, we want you to be aware of the following benefits:

Dual-Component Tax Deductions

You can save up to INR 1,50,000 under Section 80C plus an exclusive INR 50,000 deduction under Section 80CCD(1B).

Corporate Tax Benefits

You can claim extra salary exemptions up to 10% of basic pay under Section 80CCD(2) via employer contributions.

Tax-Free Principal Amount Maturity

You can withdraw up to 60% of the total accumulated corpus amount completely tax-free at the age of 60.

Guaranteed Lifelong Income

After withdrawing the 60%, the remaining 40% mandatory allocation can be converted into a permanent, lifelong monthly pension plan.

Seamless National Portability

You can maintain a single Permanent Retirement Account Number (PRAN), which stays the same even after you change jobs or cities.

Flexible Investment Choices

You can choose between active and auto choice asset allocation models to manage equity and debt exposure based on your risk appetite.

NPS Services We Provide in Siliguri

With an excellent track record of serving more than 3000 satisfied clients in financial management solutions, we help individuals, corporate employees, and business owners across North Bengal navigate the complexities of pension planning. Here are the top NPS services that we offer in Siliguri:

Account Architecture & Setup:

Seamless generation of your 12-digit Permanent Retirement Account Number (PRAN) for corporate, individual, or government subscriber categories.

Dual-Tier Customization:

We efficiently structure mandatory Tier 1 retirement accounts alongside flexible Tier 2 savings accounts based on your short-term cash flow needs.

Strategic Allocation of Assets:

We customize your investment mix across Equity (E), Corporate Bonds (C), and Government Securities (G) based on either Auto Choice Lifecycle or Active Choice Parameters.

Selection of Pension Fund Managers:

We evaluate the track record of PFRDA-regulated pension fund managers, such as State Bank of India, so that your capital can be routed to the most trusted fund managers.

Planning Maturity & Annuity:

We efficiently plan your final distribution map at the age of 60 to handle 60% tax-free sum withdrawal and structure the mandatory 40% annuity for maximum lifelong monthly pension.

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Why Choose Us As Your NPS Advisor in Siliguri?

Expert guidance is necessary for national pension system investment planning. This is because it involves choosing between complex asset allocation models, selecting from multiple professional pension fund managers, and balancing long-term market risks. Here are the top reasons to choose us as your trusted national pension system advisor in Siliguri:

Customized Financial Planning

We do not believe in a one-size-fits-all approach because financial health differs among individuals. Hence, we build a customized plan that overcomes inflation, cuts your tax liabilities, and outlasts your retirement years.

End-To-End Support

We offer comprehensive services, including the initial creation of your 12-digit Permanent Retirement Account Number (PRAN). Our expert team manages all your paperwork and handles critical asset allocation shifts as you age.

Deep Investment Expertise

Our advisory team consists of professionals who have years of expertise in offering tailored wealth management services for families, working professionals, and businesses.

Continuous Optimization & Fund Tracking

We continuously evaluate the performance of PFRDA-registered Pension Fund Managers (PFMs) to ensure your money is managed by top-tier operators.

Seamless Distribution Planning

We expertly guide you through the complex process of unlocking your 60% tax-free lump sum, alongside structuring the remaining 40% mandatory annuity.

Dedicated Customer Support

Our dedicated support team is always available to assist you with account-related queries, contribution updates, withdrawals, and any other NPS-related assistance whenever you need it.

Quick Answers

Frequently Asked Questions

Q. How much tax can I save by investing in NPS?

By investing in NPS, you can save tax based on three distinct sections of the Income Tax Act, which are section 80C, section 80CCD (1B), and section 80CCD (2).

Q. Can I withdraw my entire NPS corpus at the age of 60?

No, you cannot withdraw the entire amount as cash. At age 60, you can withdraw 60% of the total corpus completely tax-free. The remaining 40% must be utilized for purchasing an annuity plan, which gives a regular monthly pension for life.

Q. Can I optimize my pension fund amount later?

Yes, NPS gives you the flexibility to optimize your portfolio performance. You are allowed to change your Pension Fund Manager once every financial year.

Q. How to get in touch with Wealmag for NPS investment advice in Siliguri?

You can simply call us at +91 98003 50005/9474086995. You can also visit our office at Commercial Hub, 2nd Floor, Opp. Hotel Dolly Inn, Bidhan Road, Siliguri - 734001.