The Pension Fund Regulatory and Development Authority launched NPS Central to help subscribers manage their accounts through one platform. You can now access pension funds, CRAs, and PoP services easily. Users can log in using their mobile number and date of birth, making it simple to track contributions and schemes.
The Pension Fund Regulatory and Development Authority has rolled out NPS Central, a transformative digital platform designed for hassle-free management of National Pension System accounts.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched NPS Central (http://www.npscentral.in), a unified digital platform that helps you enrol, invest and manage your accounts through a single interface.
Through NPS Central, you can access different NPS services provided by Central Recordkeeping Agencies (CRAs), Pension Funds (PFs) and Points of Presence (PoPs).
Through NPS Central, subscribers can also contribute to their existing schemes, opt for new schemes, review scheme features, returns and charges, update profile details, download account statements and track the status of contributions.
You don't need to remember PRANThe other facility that NPS Central provides is that a subscriber doesn't need to remember their Permanent Retirement Account Number (PRAN). They can log in using their registered mobile number and date of birth, authenticated through a one-time password (OTP).
Which services can NPS subscribers access through NPS Central?NPS subscribers can avail services such as contributing to existing schemes, opting for new schemes, reviewing scheme features, returns and charges, updating profile details, downloading account statements, and tracking the status of contributions made through various modes.
NPS Central also facilitates NPS members to raise grievances through the Pension Sahayak portal, accessible through a link.
How can new subscribers open an NPS account through NPS Central?The new platform offers AI-assisted onboarding, with CKYC and DigiLocker available as KYC options, along with an AI-enabled assistant to address queries. New prospective NPS applicants can do their homework by exploring and comparing investment schemes, also review scheme performance.
Upon registration, they receive access to their electronic PRAN (e-PRAN) and essential account services. Onboarding charges on NPS Central are NIL, subject to applicable terms and conditions.
NPS SwasthyaNPS Central also facilitates registration for NPS Swasthya, which combines a dedicated investment corpus with a super top-up health insurance arrangement, extending access to healthcare-related services within the broader digital pension ecosystem.
Which new services will the PFRDA add to NPS Central?The PFRDA has planned enhancements that include changes to investment choices and pension funds, Loan Against NPS, SIP mandates, onboarding and maintenance of NPS Vatsalya accounts, onboarding of corporates, Re-KYC and services relating to NPS Tier II accounts, along with other subscriber-related functionalities.