E-NPS Account: Creating an e-NPS (National Pension System) account is quite easy. Now it can be opened only online using Aadhaar e-KYC.
National Securities Depository Limited (NSDL) and Central Record Keeping Agencies (CRAs) have recently allowed Aadhaar based online e-KYC authentication process for customer registration on their e-NPS platform. Earlier, the registration was done through Aadhaar offline e-KYC or through PAN and bank account of the individual. However, now you can create your NPS account using this platform. Existing customers can also activate their Tier-2 account on this platform. Let us know its process but before that you should know what is e-NPS.
What is e-NPS account
National Pension System or e-NPS is an online NPS on-boarding platform of Central Record Keeping Agencies (CRAs) appointed by the Pension Fund Regulatory and Development Authority (PFRDA). Here you can check pension fund balance and other details related to NPS.
E-NPS Account Opening Process
Step 1: e-NPS portal enps.nsdl.com/eNPS/NationalPensionSystem . go to
Step 2: First click on “National Pension System” and then on “Registration”.
Step 3: Select the account type in the “New Registration” tab and choose whether you are an Indian citizen, ARI or OCI.
Step 4: After that select the option “Aadhaar Online/Offline KYC” from “Register with”.
Step 5: Enter 12 digit Aadhaar or 16 digit Virtual ID. Click on Generate OTP and enter the OTP received.
Step 6: Once the authentication process is complete, your demographic details will be fetched from Aadhaar.
Step 7: Enter the other details asked by the NPS portal.
Step 8: Make your first NPS contribution and enter the OTP. Your NPS account will be opened.