Know How To Link Aadhaar With NPS Account

NPS Account-Aadhaar Link Online: National Pension System is very beneficial for Indian citizens. Through this, senior citizens get protection in old age. This is an investment scheme for pensions started by the Government of India. The scheme is regulated by the Pension Fund Regulatory and Development Authority (PFRDA).

In order to provide benefits to government employees, the Government of India started the National Pension Scheme in 2004. In the year 2009, all (government and private employees) have been able to take advantage of this. An employee has to open an NPS account in which he has to pay Rs.6,000 every month. In NPS Accounts some part of the deposited amount can be withdrawn as a lump sum. And the remaining part will be used to buy an annuity (pension plan) and ensure that the beneficiary gets regular income after retirement.

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How to Link Aadhaar with NPS (NPS Account-Aadhaar Link Online)

Individuals who have opened their NPS account instead of Aadhaar. They can follow these steps to update Aadhaar in their NPS account-

First, Log in
Now click on ‘Update Aadhaar/Address Details’.
Now click on ‘ADD/Update Aadhaar Number’.
Submit your Aadhaar number and click on ‘Generate OTP’.
Enter the OTP received by UIDAI on your registered mobile number.
Aadhar will be linked with your life after authentication through OTP.

After this process, you will get a message that your Signature Retirement Account Number (PAN) is linked with Aadhaar.

Things to keep in mind when linking

When you link your Aadhaar number with your NPS account, so you should keep these things in mind.

Your name in your PRAN (Permanent Retirement Account Number) should match the name given on your Aadhar card.
Subscriber has to follow the Aadhaar-NPS linking process. Even if he has submitted his Aadhaar at the time of membership.

Your mobile number must be registered with your Aadhaar number to avail of this facility. If you have not done so before then you will have to link your mobile number with Aadhaar.

How to Link New Subscriber’s NPS Account

First, visit the official website of the NSDL e-NPS Portal.
Click on the ‘Registration‘ option here!
Enter your Aadhaar Number in the space provided and click on the ‘Generate OTP’ button.
After selecting the disclaimer, click on the ‘Proceed’ button!
Now enter the OTP and click on ‘Continue’
Complete the NPS registration form and pay for the unblogged number.
Submit your registration information
After this, you will get your Mental Retirement Account Number (PAN).

Benefits of linking to NPS account

For your NPS account, there are many benefits of connecting with Aadhaar. Some of these are given below. It is very easy to open an NPS account online with the help of Aadhar authentication. By linking Aadhaar, you can fulfill the conditions of KYC instantly. There are many facilities for the employees in the National Pension System.

The government has extended your account to NPS customers to track financial transactions and provide tax exemptions. Also, instructions have been issued to connect E-KYC through Aadhaar Number save the customer from excessive paperwork. And as soon as Aadhaar completes the verification through OTP.

Steps to Link Aadhaar with NPS Account

Online Method:

Visit the NSDL e-NPS Portal:
- Go to NSDL e-NPS portal.
Select ‘Registration’:
- Click on the ‘Registration’ option from the menu.
Enter Aadhaar Number:
- Input your Aadhaar number and click on ‘Generate OTP’.
Verify OTP:
- Enter the OTP received on your registered mobile number.
Fill Out the Form:
- Complete the NPS registration form with your details.
Make Payment:
- Pay the required amount for registration.
Submit and Receive PRAN:
- Submit your details to receive your Permanent Retirement Account Number (PRAN).

Offline Method:

Visit NPS Service Provider:
- Go to the nearest NPS service provider or Point of Presence (POP).
Fill Out the Form:
- Complete the physical form provided by the service provider.
Submit Aadhaar Copy:
- Provide a copy of your Aadhaar card along with the form.
Verification:
- The service provider will verify your details and link your Aadhaar with your NPS account.

1. Why should I link my Aadhaar with my NPS account?

Linking your Aadhaar with your NPS account streamlines processes, saves time, and may offer tax benefits. It also enables centralized data storage, making it easier to claim pensions and helps prevent fraudulent activities.

2. How can I link my Aadhaar with my NPS account online?

To link your Aadhaar with your NPS account online, follow these steps:

Visit the NSDL e-NPS portal.
Select the ‘Registration’ option from the menu.
Enter your Aadhaar number and click on ‘Generate OTP’.
Enter the OTP received on your registered mobile number.
Fill out the NPS registration form and make the necessary payment.
Submit your registration details to receive your Permanent Retirement Account Number (PRAN).

3. Can I link my Aadhaar with my NPS account offline?

Yes, you can link your Aadhaar with your NPS account offline by visiting the nearest NPS service provider or Point of Presence (POP). You will need to fill out a physical form and provide a copy of your Aadhaar card.

4. What are the benefits of linking Aadhaar with my NPS account?

Instant KYC: Complete your KYC requirements instantly.
Easy Online Account Opening: Simplifies the process of opening an NPS account online.
Time-saving E-KYC: Reduces paperwork with instant OTP verification.
Improved Financial Tracking: Helps in tracking financial transactions more efficiently.