Want to invest in NPS? Here’s how to subscribe, invest and redeem money using a mobile app

New Delhi: The National Pension System (NPS), regulated by the PFRDA, is a defined contribution pension scheme available to all citizens of India. NPS subscribers can access their accounts through the NPS mobile application. This application provides various features and allows easy access to the subscriber’s retirement funds.

NPS subscribers can open an account using both online and offline and transactions can be done both ways.

Downloading the application
The application NPS by NSDL e-Gov can be downloaded from the App store /Play store on the mobile phone. After downloading, the subscriber must key in the PRAN (Permanent Retirement Account Number) and PIN received with the PRAN welcome kit.

Here is the list of activities you can perform with a single touch using the NPS mobile App:

  • Submit Contribute Online for Tier I & Tier II
  • Request transaction statement to your registered email ID
  • View and change your investment fund manager, scheme preference and percentage allocation
  • Aadhaar Seeding
  • Modify address using Aadhaar
  • View your account details
  • Aadhaar Seeding
  • View current holdings
  • Generate your password using secret question or OTP
  • Change your password
  • Check last 5 contributions
  • Initiate withdrawal from Tier II Account
  • Change your contact details like email id or mobile number
  • Register your complaints through the mobile app
  • Get notifications and updated related to NPS

Source:-timesnownews

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