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Zomato introduces pension plan for delivery partners
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NewsBytes
Zomato has partnered with HDFC Pension to offer a National Pension System (NPS) model for platform-based delivery partners.
Onboarding process Over 30,000 delivery partners have already generated PRANs The NPS model, enabled through Kfintech's digital infrastructure, allows for a seamless onboarding process.
Delivery partners can sign up using their existing KYC or e-KYC details with their consent.
Growth projection Zomato aims to onboard over 1 lakh delivery partners Zomato has set an ambitious target of enabling over 1 lakh delivery partners to open NPS accounts by the end of 2025.
Scheme benefits NPS model offers flexibility and portability The NPS model offers delivery partners the option to make small, periodic contributions and build retirement savings.