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Business News » Personal Finance News

National Pension System: Now do these things on your fingertips - Check NPSApp features, benefits

Are you a National Pension System (NPS) subscriber? Here's good news for you. Now, you can track details of your account and investment on your finger tips. 

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National Pension System: Now do these things on your fingertips - Check NPSApp features, benefits
NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account.
Written By: ZeeBiz WebTeam
Updated: Sat, Oct 27, 2018
02:42 pm
New Delhi, ZeeBiz WebDesk
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Are you a National Pension System (NPS) subscriber? Here's good news for you. Now, you can track details of your account and investment on your finger tips. The Pension Fund Regulatory and Development Authority (PFRDA) has introduced NPSApp, which is available on Google Play Store and App Store. With the NPSApp, subscribers can access latest account details as available on the CRA website using user ID (PRAN) and password. "The APP accesses account details of the subscribers online and provides a user-friendly interface to browse through the account information. It also enables users to maintain latest contact details and password," says the App's description on android. 

What to do with the new app: The NPSApp allows subscribers to: 
1. View current holdings
2. Request for Transaction Statement for the year on your email ID.
3. Submit Contribution for Tier I/Tier II
4.Change Scheme Preference 
5.Aadhaar seeding 
6.Modify address using Aadhaar
7.Initiate withdrawal from Tier II account
8.View your Account details.
9.View Last five contribution transactions carried out 
10. Change contact details like Telephone, Mobile no. and email ID. 
11. Change your Password/Secret Question
12. Regenerate password using secret question / OTP 
13. Get notifications related to NPS.

ALSO READ | Make most of National Pension System (NPS): Income per month calculator, maximum age, withdrawal, ITR benefit explained 

NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account. Any citizen of India, whether resident or non-resident, can subscribe to NPS. However, they will have to be aged between 18 – 65 years as on the date of submission of his/her application to the Point of Presence. 

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TAGS:
National Pension System
RELATED NEWS
7th Pay Commission latest news: Big pension news for central government employees! See Finance Ministry's reply on OPS, NPS 7th Pay Commission latest news: Big pension news for central government employees! See Finance Ministry's reply on OPS, NPS
PPF vs NPS: Which is better? Look at these calculations PPF vs NPS: Which is better? Look at these calculations
National Pension System: Lesser-known income tax, GST benefit that NPS scheme beneficiaries must know National Pension System: Lesser-known income tax, GST benefit that NPS scheme beneficiaries must know
NPS Scheme: Pensioners alert! PFRDA simplifies contribution rules for these National Pension System account holders NPS Scheme: Pensioners alert! PFRDA simplifies contribution rules for these National Pension System account holders
Aadhaar card holders alert! PFRDA offers this easy NEW facility for NPS account opening Aadhaar card holders alert! PFRDA offers this easy NEW facility for NPS account opening

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