To reduce forgery, the Government of India has taken the initiative to link various schemes to personal documents. Adding Aadhaar card details to a pension account is one of them.
The NPS Aadhaar link enables individuals to store the data in one central repository and claim the pension whenever required without any hassle.
But, how can one initiate the Aadhaar card linking to a pension account online?
Read on to learn about the NPS Aadhaar link process.
Introduced in 2004, National Pension Scheme or NPS is a government-backed pension scheme that enables individuals to contribute regularly in his/her pension account throughout his/her working life.
The scheme further allows withdrawing a substantial amount from the corpus, utilizing the remaining amount in an annuity to generate income after retirement.
The administrative body of NPS has adopted several measures to ease the process. For instance, individuals can open an NPS account online through Aadhaar verification and e-signature.
Follow the simple steps to link the Aadhaar number while opening a new NPS account.
The Aadhaar card link through the NPS account requires existing users to follow the steps mentioned below.
Here is a list of things you need to consider before you proceed to link Aadhaar with NPS.
Subscribers of NPS can avail themselves of several benefits by linking the Aadhaar with the NPS account such as,
The regulatory body of NPS, Pension Fund Regulatory and Development Authority (PFRDA), enables Aadhaar based offline KYC process under NPS. Through this process, individuals can immediately activate their NPS account with instantaneous KYC verification and deposit the NPS contribution.
To complete the process, users have to download the password-protected Aadhaar XML file in offline mode from the UIDAI portal via e-NPS and share the document for KYC. This particular facility can be used for opening NPS accounts via Points of Presence (POP).
Initially, the scheme was dedicated to government employees, but from 2009 onwards, it was opened for all sections. Individuals have to open an NPS account where he/she has to deposit a minimum Rs.6000 per month to avail all the benefits provided under the scheme.
With such extensive detail on the NPS-Aadhaar link, we hope you know how to link your Aadhaar with a pension account online. Therefore, complete the NPS-Aadhaar linking process and avail of the benefits offered under the National Pension Scheme.
Please try one more time!
Continue with {{twoWheelerCtrl.lastVisitedData.lastVisitedUrl.indexOf('DigitPaymentGateway/payments')
!== -1 ? 'payment
completion': 'previous
choice'}}
{{healthCtrl.lastVisitedData.dropOffPolicyHolderData ? 'Complete your purchase': healthCtrl.lastVisitedData.lastVisitedUrl.indexOf('plans-page')
!== -1 ? 'Continue Browsing' : 'Continue with your previous choice'}}
