PRAN Card – How to Apply Online & Print, Required Documents

PRAN Card:- The National Pension System was introduced by the Indian government (NPS). By contributing annually during their working years, individuals can build a retirement corpus under this pension plan. This programme was first restricted to government workers, but it was eventually made available to workers in other economic sectors. People can invest annually in a profitable medium that would offer returns connected to the market through the National Pension System. Individuals could use this huge corpus of returns to finance their post-retirement lifestyle. Read the complete post to get complete information related to PRAN Card.

PRAN Card

PRAN Card 2024

A Permanent Retirement Account Number (PRAN) refers to a unique 12-digit identification number provided to each new member of the National Pension System (NPS). As long as you are a member of NPS, you will have a PRAN after you successfully register. This number is essential for monitoring your pension withdrawals and contributions. One PRAN may only be held by one person at a time. For the duration of a subscriber’s life, this number is active and reachable from anywhere in India. In addition, all NPS subscribers are required to own a PRAN. They have the option to hold a PRAN card, which is a tangible duplicate of PRAN.

A subscriber may possess both Tier I and Tier II accounts under a Permanent Retirement Account. According to NPS, the prior account type is required. For retirement money in this account, a subscriber must make their regular contributions. As a result, the amount cannot be taken out of a person’s Tier-I account prior to retirement. A savings account that is voluntary is the latter kind of account. As a result, the owner of the account is free to withdraw funds at any moment. Moreover, it has no tax advantages, while the amount in a Tier-I account is deductible from taxes.

NPS New Login Rules

Required Documents for PRAN Card

Some of the important documents required for PRAN Card are as follows:

  • Aadhaar card
  • PAN card
  • Signature
  • Passbook or cancelled cheque
  • Passport-sized photograph
  • Passport

Steps to Apply for PRAN Card Offline

To apply for PRAN Card offline, the user needs to follow the below given steps:

  • People using the offline approach must go to a Point of Presence (PoP) that is authorised by the National Pension System (NPS). There, individuals must complete the NPS Application Form Annexure S1, which is the PRAN card application form.
  • The following items are included in the PRAN card application:
    • Subscribers’ personal details
    • Subscribers’ nomination details
    • Subscribers’ employment details
    • Scheme Details
    • Declaration of Subscriber’s to the Pension Regulatory Fund and Development Authority (PRFDA)
  • After successful filling of application, the applicant must submit it to the relevant official

Steps to Apply for PRAN Card Using PAN

To apply for PRAN Card Using PAN, the user needs to follow the below given steps:

  • The candidate needs to have a bank account to apply using PAN
  • The KYC check will be performed by the bank.
  • Make sure the name and address you give correspond to the information in the chosen bank’s record.
  • Enter all the required details
  • Submit scanned images of your cancelled check and PAN card
  • Upload the photo and signed scanned document
  • To make a payment on the National Pension System account, go to the payment portal
  • You can either e-sign the registration form or print it and mail it to CRA

ESIC Online Payment Guide

Steps to Apply for PRAN through Aadhaar

To apply for PRAN through Aadhaar, the user needs to follow the below-given steps:

  • Through Aadhaar OTP (One Time Password) authentication, NPS KYC is made possible.
  • The mobile number specified in the Aadhaar card receives the Aadhaar OTP.
  • The online form will automatically fill in with demographic information and a photo taken from the Aadhaar database.
  • Please fill out the online form with all the required information.
  • Upload your scanned signature (in.jpeg or.jpg format, with a file size ranging from 4 to 12 KB) as part of the registration process.
  • You can upload a scanned photo to replace the one on your Aadhaar card.
  • Go to a payment gateway to fund your NPS account using a debit or credit card or online banking

Steps to have your PRAN Card activated

The following procedures must be completed for applicants who applied for a PRAN Card using their Aadhaar number to have their card activated:

  • On the eSign / Print and Courier page, select the eSign option.
  • The mobile phone number that was registered will receive an OTP.
  • Enter the OTP that you received.
  • The applicant will receive a confirmation and their PRAN Card will be activated upon successful OTP verification.

Steps to login to PRAN Card portal for NPS

For accessing NPS PRAN login, you can utilise the number displayed on your PRAN Card to log in to your NPS account online. The following steps outline the PRAN Card login process:

  • Visit the NPS Login Portal and select the ‘Login for Existing Subscribers’ option if you already possess a PRAN Card.
  • On the subsequent page, use your Permanent Retirement Account Number as printed on the PRAN Card, along with the NPS account’s password, to access your NPS account.

How is e-PRAN Printed?

  • Using the Print and Courier option on the eSign / Print and Courier page, applicants can decide to have a printed PRAN card couriered to them.
  • They have the option to print the e-PRAN.
  • In order to do that, candidates must go into their NPS account and use the Print e-PRAN option.
  • In order to have a digital copy on their phones, they can also start the process of downloading an e-PRAN card.
  • This PRAN card is connected to an individual’s NPS account, therefore having it is imperative.
  • It is also one of the crucial documents that must be submitted in order to make a post-retirement claim from one’s NPS account.

Leave a Comment