Retired life ka sahara, NPS hamara
Steps for Registration
Step 1: Enter Virtual ID and validate the same using One Time Password (OTP)
Step 2: Address and Date of Birth details will be auto-populated from Aadhaar database
Step 3: Subscriber must provide a mobile number and email ID
(An Acknowledgement ID will be generated which can be used to complete the application at a later date/time, if needed)
Step 4: Subscriber to fill up the Mandatory Details like Personal Details, Nominee Details, Bank Details, Scheme Preference Option, Tier Choice (Tier I or Tier I and II both) etc
Step 5: Subscriber to upload Signature. Subscriber may also upload a scanned photograph, in case he/she wishes to replace the photo fetched from Aadhaar database (In .jpg or .jpeg format with file size between 4 kb and 20 kb)
Step 6: Subscriber to make online payment of initial contribution (Minimum amount Rs.500) through internet banking using payment gateway
PRAN will be generated post payment of initial contribution and will be visible to Subscriber as part of the receipt displayed on the screen. PRAN will also be shared through Email/SMS, sent to Subscriber.
Step 7: In case the Subscriber wishes to open a Tier II account along with Tier I, scanned copy of cancelled cheque and Income Tax Permanent Account Number (PAN) need to be uploaded by the subscriber
Step 8: The Subscriber will eSIGN the document and complete the process
Process to be followed to eSIGN the Subscriber Registration Form:
✔ Select 'eSIGN' option at the end of Subscriber Registration screen
✔ OTP will be sent to the mobile number registered with the Aadhaar, for authentication
✔ After Authentication of Aadhaar, Registration form will be successfully eSIGN'ed.
✔ eSign charge is ₹ 5 plus service tax
This can happen if "NSDL NPS" application is down due to some technical reasons like "application update" or "server re-starts" etc.
Generally, these kinds of activities are undertaken very late in the evening and not during day time and in most of the cases, are completed in half an hour. You are requested to log-off from the application and try again after half an hour.
This can happen if a large number of users are accessing the system at the same time. If you have already generated "Acknowledgment ID", then you can complete the registration process later using "Complete Pending Registration" link.
As described in "NSDL NPS" homepage, your mobile number is required to be registered with Aadhaar, for eKYC through Aadhaar. OTP is sent to your mobile number for authentication. Please register your mobile number with Aadhaar before initiating registration.
This can happen if website of "Unique Identification Authority of India (UIDAI)", where OTP is generated, is down. You may try registering after some time.
As described in "NSDL NPS Online-Steps for opening account", photograph/signature should be in .jpg or .jpeg format with file size between 4 kb and 20 kb. Please ensure correct format and file size for the photograph/signature. You may adjust the size, if required, using MS Office tool.
Payment done by you towards initial contribution through payment gateway needs to be confirmed by your Accredited Bank for generation of PRAN. In most cases, this does not take more than 2 minutes. If the process is taking very long time, it is possible that the transaction is declined by your Bank. You may confirm with your Accredited Bank that the account is not debited and try again after some time by entering Ack ID in "Complete Pending Application" link.
This message means that you have initiated payment of initial contribution through Payment Gateway but confirmation of payment is pending from your Bank. In the meantime, you have initiated payment of initial contribution again. This is a warning message as it is possible that payment will get processed twice. After initiating payment once, it is advisable to wait till you receive either success or failure message from your Bank or confirm debit status with the Bank.
Credit of units to PRAN takes place as part of settlement process for your initial contribution. Please check with your Accredited Bank whether the Bank has remitted the amount debited from your Account towards initial contribution to PGSP. If not, then units cannot be credited to your account. If yes, then credit of units will take two days after remittance of funds.
NRI can open a NPS account. However, contributions made by NRI are subject to regulatory requirements as prescribed by RBI and FEMA from time to time. If the Subscriber's citizenship status changes, Subscriber's NPS account will be closed. For opening the account you may approach one of the POPs (Point of Presence) registered with PFRDA. For list of POPs, please visit PFRDA website and check under "Intermediaries>POPs>List of POPs. Alternatively, you can open the account Online, through NSDL's online portal e NPS: https://enps.nsdl.com/eNPS/NationalPensionSystem.html.
Please note that for opening account under NRI category, you need to provide details of your NRE/NRO Bank Account only.
The transaction statement can be used as an investment proof in order to avail tax benefit.