NPS Vatsalya: Start Your Child's Pension Before They Can Walk

Any parent or guardian can open NPS Vatsalya for a child under 18 with just ₹1,000 a year, no upper cap.

At 18 it auto-converts to a regular NPS account that stays locked till the child turns 60.

Budget 2025 added an 80CCD(1B) tax break of up to ₹50,000 — but it's shared with your own NPS, old regime only.

Partial withdrawal of up to 25% is allowed after 3 years, max three times, for education, illness or disability.

The 60-year lock-in is the real catch: this is a retirement seed, not a college or wedding fund.