The document outlines the process for digital account opening for corporate subscribers to the National Pension System (NPS) in India, which involves uploading an Aadhaar XML file, filling personal, employment, and bank details, choosing a pension fund and scheme, and digitally signing the application to complete registration and obtain a Permanent Retirement Account Number (PRAN). Subscribers have the option to print and physically submit the form if digital signing is not successful.
The document outlines the process for digital account opening for corporate subscribers to the National Pension System (NPS) in India, which involves uploading an Aadhaar XML file, filling personal, employment, and bank details, choosing a pension fund and scheme, and digitally signing the application to complete registration and obtain a Permanent Retirement Account Number (PRAN). Subscribers have the option to print and physically submit the form if digital signing is not successful.
The document outlines the process for digital account opening for corporate subscribers to the National Pension System (NPS) in India, which involves uploading an Aadhaar XML file, filling personal, employment, and bank details, choosing a pension fund and scheme, and digitally signing the application to complete registration and obtain a Permanent Retirement Account Number (PRAN). Subscribers have the option to print and physically submit the form if digital signing is not successful.
The document outlines the process for digital account opening for corporate subscribers to the National Pension System (NPS) in India, which involves uploading an Aadhaar XML file, filling personal, employment, and bank details, choosing a pension fund and scheme, and digitally signing the application to complete registration and obtain a Permanent Retirement Account Number (PRAN). Subscribers have the option to print and physically submit the form if digital signing is not successful.
Subscriber to choose all the sections circled and as shown in the image. Tier 1 is a mandatory/ default account. All tax benefits are associated with it and liquidity is subject to several conditions.
Please refer to NPS presentation further details
3 Screen 2
Enter the mobile number that is
linked to Aadhaar
Subscriber must download
Aadhaar Offline e-KYC XML file (It will be Zip file)
4 UIDAI_ Step 1
Once the subscriber click on the red link, he will be redirected to this page of UIDAI to download XML file (Zip file) of his Aadhaar.
He must click here to get the OTP on his Aadhaar linked mobile Number.
5 UIDAI Step 2
Subscriber Aadhaar number will automatically appear here.
Create a share code- Can
be any 4 digit number which can be easily remembered and reused at the time of file upload
Enter the OTP and click
download.
(A XML / Zip file will get
downloaded and saved in Download folder of the computer)
6 Screen 2- Upload of XML / Zip file
XML / Zip file to be
uploaded here.
Mention 4 digit share
code and click continue to proceed ahead
The subscriber must enter
first 3 alphabets of his employer name to get the list of entities in the drop down 7 Screen 3- Personal Details
Subscriber details such as Name, Date of Birth are auto Populated. Other details such as Father’s and Mother’s name must be filled manually
8 Acknowledgement
• Once the Personal details are submitted, an
Acknowledgement is generated with the date.
• This Acknowledgement number must be saved.
• In case the journey is dropped, same can be
used to restart the process from where it was left.
• An email and SMS is also sent to the subscriber
bearing the same
9 Screen 4- FATCA Details The Subscriber must fill in FATCA details – 1. Address 2. Tax Identification Number- PAN detail 3. FATCA State- Subscriber’s state 4. FATCA City- Subscriber’s city 5. FATCA Zip Code- Pin Code of the city
10 Screen 4- Correspondence Address Details
The address is auto- filled
11 Screen 4- Permanent Address Details
Subscriber to confirm Permanent Address details. Same will be auto populated through Aadhaar
12 Screen 5- Occupation Details
Subscriber to fill in Occupation, Income and Qualification details
13 Screen 5- Employment Details
Subscriber to fill in Employment details
Employee has to enter correct details (employee id, date of joining and date of retirement) as per company records to avoid any rejection
14 Screen 5- Bank Details
Subscriber to enter account number and IFS code.
Rest of the bank details will automatically be fetched through IFS code.
15 Screen 6- Scheme Preference Details
The subscriber is free to choose a Pension Fund Manager of his choice.
In case of Active choice, the subscriber can invest in one of the 3 funds- Moderate, Aggressive or Conservative.
Please refer to NPS presentation for further details.
16 Screen 6- Scheme Preference Details The subscriber is free to choose a Pension Fund Manager of his choice.
In case of Active choice, the subscriber can invest up to 75% in equities, up to 100% in Government and Corporate Bonds, and 5% in alternate funds.
However the total
sum of investment must be equal to 100%
17 Screen 6- Nomination Details Subscriber to fill in the complete nominee details such as name, relationship, percentage share
18 Screen 7- Document Upload
The subscriber must upload Jpeg images of their PAN card and cancelled cheque
19 Screen 8- Photo and Signature Upload
The photograph of the subscriber will be automatically captured from Adhaar.
A clear JPG image of the signature must be uploaded here
20 Screen 9- Declarations and Confirmation
Subscriber to Accept the declarations and confirm registration.
Once the subscriber Confirms and Submit the request, he will be prompted to verify all the details before final submission.
After the verification is completed, the PRAN will be generated. 21 Post successful completion of PRAN generation, subscriber has two options. a. This is a completely paperless process. Under this option, Subscriber can e-Sign the form. On successful completion of e-Sign process, subscriber need not submit the physical form. It is recommended to utilize this option to avoid inconvenience. b. Subscriber can take a print out of the form, affix the photo, attest the form from Nodal Office/POP (Service Provider) and submit the same to NSDL CRA. Please note by opting to choose this process, the Subscriber is obliged in complying with the stipulated timelines for form submission. • Post clicking on e-sign and download - the customer will be prompted to complete the procedure with eSign and this will be charged Rs. 5.90 (debited from the customer’s bank account). • The subscriber has to click on Proceed. Enter the Aadhaar number to complete the e-sign via OTP. • Download the e-signed form.
• If the e-Sign process is not successful, then subscriber is required to take a print out of registration form, affix photo , attest the form from Nodal Office/POP and send it to NSDL CRA within 30 Days of PRAN generation (account opening) else the PRAN will be temporarily kept in “Freeze” status until the receipt of documents.
• Address for dispatch of forms (post authorization by POP):
