Opening of National Pension System (NPS) account becomes much easier than before. PFRDA has introduced a facility of NPS on-boarding through online Aadhaar e-KYC.
The NSDL – CRA has enabled the Aadhaar based online e-KYC authentication functionality for subscriber registration in the e-NPS platform.
E-NPS is the online NPS on-boarding portal hosted by the Central Record Keeping Agencies (CRA) appointed by PFRDA wherein one can register and contribute online into NPS and the existing Subscriber can activate their Tier II account. At present, the registration under e NPS occurs either through Aadhaar Offline e-KYC or through PAN & Bank Account.
Now, the Aadhaar based online e-KYC authentication functionality for subscriber registration in e NPS platform has been enabled for the subscribers. The online Aadhaar e KYC will further simplify the process of Account opening which offers the Subscribers, a unique digital experience with an instantaneous generation of Permanent Retirement Account Number (PRAN).
Source: Financial Express