Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Eligible child ageMinor citizen up to 18 yearsView source
The official page states the scheme is for Indian minor citizens until age 18.
- Source
- Vatsalya Scheme
- Page / section
- Features / Eligibility
- Accessed
- 21 Aug 2026
- Confidence
- high
Minimum contribution₹250 at opening and for subsequent contributionsView source
The official terms state the current minimum contribution.
- Source
- Vatsalya Scheme
- Page / section
- Terms & Conditions — Contribution
- Accessed
- 21 Aug 2026
- Confidence
- high
One-time onboarding charge₹200; ₹100 may apply for fully digital onboardingView source
The official charge table states the standard and possible digital charge.
- Source
- Vatsalya Scheme
- Page / section
- Benefits — Charge structure
- Accessed
- 21 Aug 2026
- Confidence
- high
Annual account charge0.20% p.a. of AUMView source
The official charge table states the annual charge.
- Source
- Vatsalya Scheme
- Page / section
- Benefits — Charge structure
- Accessed
- 21 Aug 2026
- Confidence
- high
Active-choice equity capUp to 75%View source
The official page states the active-choice equity ceiling.
- Source
- Vatsalya Scheme
- Page / section
- Terms & Conditions — Active Choice
- Accessed
- 21 Aug 2026
- Confidence
- high
NPS Vatsalya eligibilityNPS Vatsalya is for Indian minor citizens up to age 18. The account is opened in the minor’s name and operated by a guardian; the minor is the sole beneficiary and receives the PRAN.View source
The official Features and Eligibility sections publish the minor, guardian, beneficiary and PRAN rules.
- Source
- Vatsalya Scheme
- Page / section
- Features / Eligibility Criteria
- Accessed
- 23 Aug 2026
- Confidence
- high
NPS Vatsalya contributionsThe Terms & Conditions section states account-opening and subsequent contributions of at least ₹250 each, with no maximum. The introductory section separately describes a minimum contribution of ₹1,000 per year; the ₹250 figures are the specific contribution terms shown on the page.View source
The official page contains both the ₹1,000 introductory description and the specific ₹250 account-opening/subsequent contribution terms; both are retained for transparency.
- Source
- Vatsalya Scheme
- Page / section
- Overview / Terms & Conditions
- Accessed
- 23 Aug 2026
- Confidence
- high
NPS Vatsalya chargesFrom 1 January 2026, the common-scheme charge structure lists a ₹200 one-time onboarding charge (₹100 may apply for fully digital non-face-to-face onboarding) and 0.20% p.a. of AUM annually, adjusted through NAV and payable quarterly. Dormant accounts are not charged; GST and other taxes are extra.Effective 1 Jan 2026View source
The official charge table publishes onboarding, annual , dormant-account and tax treatment.
- Source
- Vatsalya Scheme
- Page / section
- Benefits — Charge structure
- Accessed
- 23 Aug 2026
- Confidence
- high
NPS Vatsalya investment choicesThe default choice is Moderate Life Cycle Fund LC-50 (50% equity). The guardian may choose Aggressive LC-75 (75% equity), Moderate LC-50 or Conservative LC-25, or use Active Choice with allocation up to 75% equity, 100% corporate debt, 100% government securities and 5% alternate assets.View source
The official Investment Choice section publishes default, auto-choice and active-choice allocations.
- Source
- Vatsalya Scheme
- Page / section
- Terms & Conditions — Investment Choice
- Accessed
- 23 Aug 2026
- Confidence
- high
NPS Vatsalya transition at 18On attaining age 18, the account shifts seamlessly to NPS Tier I under the All Citizen model. Fresh KYC of the minor is required within three months, after which NPS Tier I features, benefits and exit norms apply.View source
The official age-18 section publishes the transition and three-month requirement.
- Source
- Vatsalya Scheme
- Page / section
- Terms & Conditions — Upon attainment of age 18
- Accessed
- 23 Aug 2026
- Confidence
- high
Senior-citizen rateNot applicable — NPS Vatsalya is designed for minors and does not publish a senior-citizen rate.View source
The official page defines Vatsalya as a minor-focused pension account and gives no senior rate.
- Source
- Vatsalya Scheme
- Page / section
- Overview / Eligibility
- Accessed
- 29 Aug 2026
- Confidence
- high
ReturnNPS Vatsalya is market-linked; the reviewed page does not publish a fixed or guaranteed interest percentage.View source
The official scheme page describes pension investment returns as market-linked, not a fixed deposit rate.
- Source
- Vatsalya Scheme
- Page / section
- Features — investment / returns
- Accessed
- 29 Aug 2026
- Confidence
- high
WithdrawalPartial withdrawal is permitted after three years for specified purposes and within scheme limits; the reviewed page does not publish a penalty percentage.View source
The official scheme terms provide a three-year waiting period and specified withdrawal purposes.
- Source
- Vatsalya Scheme
- Page / section
- Features — partial withdrawal
- Accessed
- 29 Aug 2026
- Confidence
- high
Payout at age 18At age 18, the account may continue under NPS rules; permitted exit combines a lump-sum withdrawal with annuity purchase as specified by the scheme.View source
The product page describes the minor-to-adult transition and exit treatment.
- Source
- Vatsalya Scheme
- Page / section
- Features — exit at 18
- Accessed
- 29 Aug 2026
- Confidence
- high
Minimum deposit / contribution₹250 at account opening and ₹250 for each subsequent contribution; no maximum contribution is published in the Terms & Conditions. The page's introductory description separately says ₹1,000 per year, so both statements are retained in the product record.View source
Terms & Conditions: Account Opening contribution: Min Rs. 250/-; Subsequent contribution: Min Rs. 250/ - p.a.; Max no limit. The introductory paragraph separately describes minimum contribution of ₹1,000 per year.
- Source
- Vatsalya Scheme — live official product page
- Page / section
- Terms & Conditions — Contribution
- Accessed
- 6 Sept 2026
- Confidence
- high
Tenure / programmeNPS Vatsalya Scheme from Bank of Baroda, offering a secure pension option for minor citizens. Open an NPS Vatsalya account today and provide long-term financial protection for your childView source
The manually reviewed product record states: “ Vatsalya Scheme from Bank of Baroda, offering a secure pension option for minor citizens. Open an Vatsalya account today and provide long-term financial protection for your child”.
- Source
- Vatsalya Scheme — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
Eligibility
- Minor citizen up to 18 years
Passing a listed condition does not mean the bank will approve an application.
Related official documents
Bank of Baroda government schemes and deposit product pagesofficial-product-pages · current · accessed 29 Aug 2026
↗NPS Vatsalya Scheme — live official product pageofficial-product-page · current · accessed 6 Sept 2026
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