National Pension System

National Pension System.

Gov Technologies Limited and The Pension Fund are Regulatory and the  Development Authority (P F R D A) have entered into a agreement relating to the setting up of a Central Record keeping Agency (C R A) for in  the National Pension System (N P S). The N P S was a introduced by a Government of the  India for its new recruits (except in the Armed Forces) joining a w.e.f. January 1, 2004.

C R A is the core infrastructure for in the National Pension System and is a critical for it is a successful ope-rationalization. The main functions and the responsibilities of the C R A are include:

Record keeping, Administration and the  customer service functions for all the  subscribers of the N P S.

Issuing of the unique Permanent Retirement Account Number (P R A N) to each subscriber, maintaining a database of all the  P R A N s issued and the recording transactions relating to the each subscriber's P R A N.

Acting as an a operational interface between a P F R D A and other N P S intermediaries such as a Pension Funds, Annuity Service are  Providers, Trustee Bank etc. C R A will be monitor member contributions and the instructions and the transmit in the information to the relevant Pension Fund and the schemes on a daily basis. C R A will be a provide periodic, consolidated P R A N statements to each member and the discharge such other duties and functions as may be a determined by the guidelines, directions and regulations issued by the P F R D A from time to time.

This pension calculator illustrates in  the tentative Pension and the  Lump Sum amount an a N P S subscriber may be a  expect on a maturity or a 60 years of the age based on a regular monthly contributions, percentage of the corpus reinvested for a purchasing annuity and the assumed rates in a respect of the  returns on a investment and annuity selected for.

N P S Trust welcomes you to 'e N P S' ,which will be a  facilitate:-

➤  Opening of the  Individual Pension Account under a N P S (only Tier I / Tier I & Tier II) by a All Indian Citizens (including N R I s) between 18 - 70 years

➤  Making a initial and  the subsequent contribution to your Tier I as well as a Tier II account

For Account opening, you need to:

✔  Have a Mobile number, email ID and an a active Bank account with a net Banking facility enabled

✔  In a case, an a applicant selects to open the individual pension account with a PAN, the activation of

the P R A N is a subject to the  KYC verification by the impaneled POP (name and address should

match with a POP record) selected by a applicant during in  the registration in a process.

To view the list of impaneled POP,  

✔  Fill up all the mandatory details online

✔  Click Here for guidelines on filling details if Applicant residence for tax purposes in jurisdiction (s)

outside India

✔  Scan and upload your photograph (optional for Aadhaar) and signature

✔  Make online payment (Minimum amount of ₹ 500)

✔  Subscriber will have an option to authenticate form through O T P Authentication or e Sign process

Pension Calculator : Click Here