Any citizen of India, whether resident or non-resident, aged between 18 – 60 years as on the date of submission of his/her application to the POP/ POP-SP. The citizens can join NPS either as individuals or as an employee-employer group(s) (corporates) subject to submission of all required information and Know your customer (KYC) documentation. After attaining 60 years of age, the subscriber will not be permitted to make further contributions to the NPS accounts.
Any Individual who wants to get registered as a subscriber and wants to open a Permanent Retirement Account (PRA)(Tier I and/or Tier II) in NPS would submit the duly filled form (Composite application form for subscriber registration) with other supporting KYC documents to POP-SP. For subscribers covered under Corporate sector, the duly filled CS-S1 form needs to be provided to the Corporate office for onward submission to the associated POP.
For only Tier II account, an individual with an active Tier I account needs to approach the associated POP-SP and submit a copy of the PRAN Card along with Tier II activation form (UOS-S10).
A subscriber is required to make the first contribution at the time of applying for registration. (Minimum contribution Rs.500 for Tier I and Rs.1000 for Tier II ) with duly filled NCIS (NPS Contribution Instruction Slip). However, this initial contribution is optional in case of Corporate Model. The POP-SP provides a Receipt no. (as an acknowledgement) to the Subscriber.
Application form for registration of Subscribers can be downloaded from the CRA website www.npscra.nsdl.co.in
Link: Subscriber Corner > Forms > for Subscriber registration.
Subscriber can check the status by accessing CRA website: https://cra-nsdl.com/CRA/ by using the 17 digit receipt number provided by POP-SP or the acknowledgement number allotted by CRA-FC at the time of submission of application forms by POP-SP. The subscriber can also check the status with the associated nodal office. Once the PRAN is generated, an email alert as well as a SMS alert will be sent to the registered email ID and mobile number of the subscriber. CRA also intimates the Subscriber about the despatch details once the PRAN kit for the subscriber is dispatched.
Under the Corporate model the status of the request or the receipt no. (if provided) needs to be checked with the respective POP / Corporate.
On successful registration, a PRAN (Permanent Retirement Account Number) will be allotted to the subscriber. A PRAN Kit containing PRAN card, Subscriber details (referred as Subscriber Master List) and an information booklet is sent to the subscriber's registered address. The T-Pin and I-Pin are sent separately to the registered address. In case of the Corporate Sector subscriber, the PRAN Kit alongwith T-PIN & I-PIN will either be sent to the subscriber's registered address or at the Corproate Head Office as per the option selected by the Corporate.
The PRAN Card is a document with PRAN, subscriber's name, father's name, photograph and signature/thumb impression. This card proves the completeness of information in the CRA system. A copy of the card is required for Tier II activation and also for subsequent contribution in Tier II account.
The Subscriber Master List shows all the information as provided by the Subscriber in his / her application and accordingly captured in CRA system. A subscriber may verify the correctness of the information submitted for registration by looking at the Subscriber Master List.
After the registration form is submitted to DDO, the same is forwarded to a CRA - Facilitation Centres after authorisation by the PAO. PRAN is generated and the PRAN card is printed and despatched within 20 days from the date of receipt of duly filled registration form at the CRA - Facilitation Centre.
Once the PRAN is generated, an email alert as well as a SMS alert will be sent to the registered email ID and mobile number of the subscriber. For security reason, only the last four digits are mentioned in the alert. Subscribers can know the PRAN on receipt of the PRAN Kit or they can also approach their POP-SP for the PRAN.
POP-SP will perform verification checks, such as whether name is mentioned, photograph is attached, signature is present, other mandatory fields (other supporting documents for KYC norms as prescribed by PFRDA) are properly filled, scheme preference details are mentioned as required, first time contribution amount etc. before accepting the form. In case the application form is not filled with all the required details, CRA-FC will not accept the registration form. CRA-FC will intimate subscribers' POP - SP regarding rejection of forms.
PRAN Card is despatched to the registered address within 20 days from the day of receipt of duly filled registration form at the CRA-FC office. In case of a Corporate subscriber, the PRAN Card will either be sent to the subscriber's registered address or at the Corproate Head Office as per the option selected by the Corporate. During this period, a subscriber can go to https://cra-nsdl.com/CRA/ and check the status of PRAN kit in CRA website https://cra-nsdl.com/CRA/ using the 17 digit receipt number provided by POP-SP. The subscriber can also contact his / her associated POP-SP.
Subscribers registered through a Corporate may please check with their office/service provider for the status of request on the basis of receipt no. (if provided) needs to be checked with the respective POP / Corporate.
No, multiple NPS accounts for a single individual are not allowed and there is no necessity also as the NPS is fully portable across sectors and locations.
Yes. PRAN can be generated online. For further details the Subscriber is required to contact the POP providing this facility.
Yes, but in case investment option is not mentioned, all contributions would be channelled into auto choice, a Lifecycle fund. However, investment option can be changed subsequently only once in a financial year.
Subscribers have the following options in IVR
1.Change of T-PIN.
2.Check scheme preference and holding details.
3.Check the status of any change request (like change of address, nomination etc.).
4.Check details of last contribution credit and last withdrawal request(for Tier II only).
5.Request for SOT for last 3 financial years.
6. Check status of Subscriber Shifting
7. Speak to a customer service executive
Any subscriber who has an active Tier I account can activate his / her TIER II account through his / her associated POP-SP. A subscriber can also open Tier I and Tier II together by filling up a composite application form.
Yes, bank account details are mandatory for Tier II account. After a withdrawal request is processed in Tier II account , the funds are transferred by Trustee Bank to the subscriber's bank account as per these details.
Yes, they can independently join NPS and contribute in Tier I and Tier II account.
Yes. Investment in NPS is independent of your contribution to any Provident Fund.
The I-PIN is the credential provided to the Subscriber for accessing their NPS account online at www.cra-nsdl.com .