How to open National Payment System account online through eNPS – Step by step guide


Share this

National Pension System (NPS): Wondering how to end up a NPS endorser? It’s anything but difficult to do this online for an ensured normal annuity post-retirement. Retirement arranging is vital for each working individual and it requires a controls sparing and attentive speculation. National Pension System (NPS) managed by the Pension Fund Regulatory and Development Authority (PFRDA) is seemingly one of the most secure and the best benefits designs accessible for all people. Through intentional and characterized standard commitment, efficient reserve funds throughout the years, the NPS plot likewise looks to instill a sparing propensity for retirement among subjects.

Here’s the well ordered manual for open a NPS account on the web (otherwise called eNPS)

There are two alternatives for opening NPS account –

A. NPS account opening through Aadhaar: For this,

1. KYC is done through One Time Password (OTP) verification. OTP is sent to the versatile number enrolled with the Aadhaar of the supporter. Additionally, statistic subtle elements and photograph of the supporter are brought from the Aadhaar database and populated in the online frame.

2. Supporters need to top off every single obligatory detail on the web, transfer examined signature (in *.jpeg/*.jpg arrange having record estimate between 4kb – 12kb).

3. Endorsers can supplant the photograph got from Aadhaar, and transfer an examined photo.

4. In the last stage, the supporter is steered to an installment passage for influencing the installment towards the NPS to account from Debit/Credit card or Internet Banking.

B: NPS account opening through PAN

1. For this, the endorser needs a ‘Perpetual Account Number’ (PAN). The KYC confirmation is finished by the bank chosen by the supporter amid the enlistment procedure.

2. Ensure that the name and address given by the endorser amid enrollment matches with bank records for KYC confirmation. Contact your bank if the KYC gets rejected.

3. The endorser needs to top off all the obligatory subtle elements online on the official site; transfer examined photo and mark in *.jpeg/*.jpg organize having document measure between 4kb – 12kb

4. In the last advance, the supporter is steered to an installment door for influencing the installment towards the NPS to account from Internet Banking

Likewise READ | Make the vast majority of National Pension System (NPS): Income every month adding machine, greatest age, withdrawal, ITR advantage clarified

Following the enlistment, the endorser is apportioned a Permanent Retirement Account Number (PRAN), which is created utilizing the Virtual ID issued by the UIDAI against the supporter’s unique Aadhaar number. Subsequent to getting the PRAN, s/he are permitted to utilize one of the two alternatives:

A. eSign

1. Select ‘eSign’ choice in the eSign/Print and Courier page. After this, OTP with the end goal of confirmation is sent to the endorser’s versatile number enlisted with the Aadhaar

2. Once the Virtual ID is validated, enlistment frame gets effectively eSigned.

3. In the wake of finishing eSigning process, the endorser doesn’t require send the physical duplicate of the shape to CRA. The charge for eSign is Rs 5 or more GST.

B. Print and Courier

1. To start with, select ‘Print and Courier’ alternative in the eSign/Print and Courier page. Take a printout of the shape, glue your photo (kindly don’t sign over the photo) and attach signature. Likewise, sign on the square accommodated signature

2. The photo ought not be stapled or cut to the frame. Send the shape to the accompanying location inside 90 days from the date of portion of PRAN to CRA (Central Recordkeeping Agency) or else the PRAN will be ‘solidified’ briefly.


Leave a Reply

Your email address will not be published. Required fields are marked *