Latest News
-
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges -
IREDA Hits Record Annual PAT of Rs 1,252 Cr in FY24; Q4 Profits Up by 33% -
Massive Employee Exodus Hits India's Top IT Companies in FY23-24 -
Air India Enhances Operational Efficiency with New Crew Management System -
BlackRock Acquires Shares in Electrosteel Castings and PTC India for Rs 207 Crore -
IndiGo Enhances Domestic Routes with Direct Chennai-Durgapur Flights -
Tesla to Recall Nearly 4,000 Cybertrucks Over Accelerator Pedal Fault -
Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY -
Sebi to Enhance Price Discovery for Firms Trading Below Book Value
eNPS: How to Register For NPS Online And Make A Contribution?
With India moving towards digitization, which is being rapidly promoted as " Digital India", the government is taking various measures to make it possible.
The latest step is electronic National Pension System (eNPS) where the prospective subscriber can register for NPS; contribute to his/her Permanent Retirement Account. Further, the subscribers who already has an NPS account can make contributions through eNPS directly.
Pension Fund Regulatory Development Authority (PFRDA) has been pursuing the development and operationalization of online transaction facilities for the prospective as well as existing subscribers of National Pension System (NPS).
Basic criteria to open individual pension account online:
- Permanent Account Number (PAN) and a Bank account with any of the registered Point of Presence empanelled for KYC verification for subscriber registration through NPS is necessary.
- Your KYC Verification in NPS will be done by your Bank selected by you during the registration process.
- You need to upload your scanned photograph and signature in jpeg.jpg format.
- You will be routed to a payment gateway for making the payment towards your NPS account from Debit/Credit Card or Internet Banking.
All existing subscribers (registered through both online and offline mode) can contribute in Tier I & Tier II account using 'eNPS'. To contribute online, you need to:
- Have an active Tier I/Tier II account
- Authenticate your PRAN using the OTP sent to your registered mobile number
- Pay through your Debit/Credit card or use Internet Banking option.
How to register for NPS online and make contribution?
- Click on eNPS
- Click Registration if you are new subscriber
- Enter your PAN number
- Select your bank name from the drop down.
- Enter personal details, contact details, bank and other details, nomination details.
- Upload your photo and signature
After filling up of details, the subscriber will make a contribution through net banking from the account of the selected Bank. Once payment is made, PRAN will be provided online to the Subscriber.
After verification of KYC by the Bank, the PRAN will become active and operational. Subscriber will be required to print the form, paste photograph, affix signature and submit the physical form to CRA within a specified period while continuing contributing online.
The subscriber can make a subsequent contribution online through net banking /debit card/credit card at any time and the same will be credited in the subscriber's PRAN account on T+2 basis.
Note that presently, ten banks viz. Allahabad Bank, Bank of India, Bank of Maharashtra, Oriental Bank of Commerce, South Indian Bank, State Bank of Travancore, State Bank of Hyderabad, State Bank of Patiala, Tamilnadu Mercantile Bank and United Bank of India have provided the facility of online KYC verification.
Goodreturns.in
