Special Interest Rates on Home Loans for NPS Holders

National Pension System subscribers may get home loans at lowest interest rates. The pension fund regulator has set up a committee to look into the proposal.

Two most important retirement assets are Pensions & Housing. Committee members are from the SBI, PNB Housing Finance, HDFC Ltd and others.

The committee will examine the desirability/need for offering/facilitating funding for home ownership for the subscribers of the NPS, including direct lending, with special reference to government employees. The panel will also examine in details the pros and cons of such scheme and implications for the NPS, with particular reference to the impact on pension wealth and the retirement pension amount.