NPS pension is a savings scheme offered by PFRDA. This scheme introduced by the government is aimed at instituting pension reforms in the country and inculcating the habit of saving people for retirement. At the same time, the government has also issued guidelines to link NPS with Aadhaar. In such a situation, do you know how NPS account can be linked to Aadhaar. Let us know the complete process
The National Pension System (NPS) is the government’s retirement saving scheme.
NPS has two types of accounts
Two types of accounts are given option in NPS. First tier 1 and second tier 2. Tier-1 account is a pension account while Tier 2 account is an investment account. This is a voluntary saving account which is linked to PRAN.
At the same time, tell that the government has issued guidelines for linking the account with Aadhaar for the purpose of informing NPS customers about financial transactions and exempting tax payers. Let’s know how the NPS account can be linked with the step by step basis.
How to link NPS account from Aadhaar
1-First of all log in to NPS account at https://cra-nsdl.com/CRA/.
2- After that, click on the “Update Detail” section, select the “Update Aadhaar / Address Detail” option here.
3- In the next step you have to enter the Aadhaar number and after that click on the button “OTP Generate”.
4- Then click on the Proceed button on NSDL e-Gov to start the linking process.
After doing this, an OTP will come on the registered mobile number. Put this OTP in the box provided.
6- Then click on continue button
New customers should link NPS with Aadhaar
New customers can do this with Aadhaar while opening an NPS account online. For this, you can click on the registration option and choose the details. After this, enter the Aadhaar number at the given location and click on Generate OTP. Please tell that after filling up the APS registration form and making payment, a Receipt Number will be generated. After this, submit the registration details and generate a permanent retirement account number or PRAN.
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