Must know: Open NPS with Aadhaar
Now you can open an NPS account sans any paperwork
Now you can open an NPS account sans any paperwork
Until now opening a National Pension System (NPS) account was a laborious process with the usual paperwork, which is a huge put off to those so used to the online route to managing their finances. Today, there is a full electronic route to opening an NPS account, which is easy and simple for those who have an Aadhaar.
All you need is to follow the steps mentioned below:
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That’s all. Unlike earlier, when you had to submit the physical form within 90 days of following the online application to the central record keeping agency (CRA), you don’t have to follow such a process anymore. The eNPS can be opened online at https://enps.nsdl.com/. And, once the OTP is verified, you will have to fill up information such as your bank details, and choose your pension fund manager and your asset allocation. The facility is not free; you need to pay Rs 5, which will be debited from your contributions to open an account this way.
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