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How do I open NPS?

By IndianMoney , 7 months ago

Individuals can open an NPS account both online and offline. Online procedure: Follow the steps mentioned below to open an NPS account online. -Visit the eNPS website (https://enps.nsdl.com/eNPS/NationalPensionSystem.html) to register online. -Your mobile number, Permanent Account Number (PAN), and Aadhaar number must be linked with the NPS account. -Validate the registration using the OTP. -On completion of the registration process, you will receive a Permanent Retirement Account Number. The PRAN can be used in the future to log in to your profile. Offline procedure: Follow the below steps to open an NPS account offline. -Visit the nearest Point of Presence (PoP) center, a post office, or a bank to open an NPS account. -You will have to submit your KYC documents along with a duly filled up and signed application form. -The PoP center will send you a Permanent Retirement Account Number (PRAN) once you have made your first investment. -The PRAN along with a password will be present in the welcome kit. The Permanent Retirement Account Number and password will be required to operate your account. -You will also be required to pay a one-time registration fee of Rs.125.

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