Link NPS Account with Aadhaar Card Online & Offline - Wishfin

Last Updated : July 6, 2022, 5:34 p.m.

The National Pension System (NPS) is a government-backed pension programme that allows people to retire with a sizable corpus. The Pension Fund Regulatory and Development Authority (PFRDA), which oversees NPS, has recommended members to link their Aadhaar cards to their NPS accounts. The Government of India began the plan in 2004 to give benefits to government employees, which was expanded to include all citizens in 2009. A subscriber is only required to establish one NPS account and submit at least 6,000 per month. A NPS subscriber can take a portion of the cash in a lump payment and use the remainder to purchase an annuity, ensuring a monthly income after retirement.

Linking Aadhaar to NPS Account Online

You can link your Aadhaar card to an NPS account online easily by following the process given below. However, it is important to understand that the process is different for new users than it is for existing users. The process for both types of users is given below:

Process of Linking NPS Account with Aadhaar Online For Existing Subscribers

The process to link your Aadhaar card with an NPS account is simple for the existing subscribers. All you need to do is follow these steps given below:

• Enter your user ID and password to login to your NPS account
• Select the “Update Aadhaar/Address Details” option in the “Update Details” section
• Enter your Aadhaar number twice
• Click on the “Generate OTP” button
• Click the "Proceed" button and authorise NSDL e-Gov to begin the linking procedure
• You will then receive an OTP on your registered mobile number
• Enter the OTP and click on “Continue”
• Once the authentication is successful your Aadhaar will be linked with your NPS account

Process of Linking NPS Account with Aadhaar Online For New Subscribers

A new subscriber may open a new NPS account online and link it to Aadhaar at the same time. In order to link Aadhaar with NPS account online for new subscribers, you just need to follow the steps below:

• Go to the NSDL eNPS site.
• Select the "Registration" option.
• Select the information and enter your Aadhaar number in the appropriate field before clicking the "Generate OTP" button.
• Tick the disclaimer box and then click the "Proceed" button.
• An OTP is issued to the Aadhaar-registered cellphone number. Enter the OTP in the field given and press the "Continue" button.
• Fill up the NPS registration form, pay, and get your acknowledgment number.
• Submit your registration information to produce your PRAN (Permanent Retirement Account Number)
• E-sign the registration form to complete the NPS subscription process.

Key Points to Remember while linking your Aadhaar card to NPS Account

There are a few points that you should keep in mind while linking your Aadhaar card to an NPS account. Few of those points are as follows:

• The name on your PRAN (Permanent Retirement Account Number) should match the name on your Aadhaar card.
• Even if he provided his Aadhaar at the time of subscription, the subscriber must complete the Aadhaar-NPS connection process.
• Only the Aadhaar OTP authentication technique is used for Aadhaar-NPS linkage.
• To use this service, your mobile number must be linked to your Aadhaar number. If you haven't previously, you must link your mobile number to Aadhaar.
• Only until the appropriate Nodal officer authorises the request does Aadhaar seeding for government personnel begin.

Benefits of Linking the NPS Account with Aadhaar

There are numerous benefits that you can avail by simply linking your Aadhaar card with your NPS account. Some of such benefits are as follows:

• With the use of Aadhaar authentication, opening an NPS account online has become quite simple.
• Aadhaar seeding enables you to meet KYC requirements instantaneously.
• The government has issued guidelines to NPS subscribers to link their accounts with Aadhaar in order to track financial transactions and provide exemptions to taxpayers.
• E-KYC via the Aadhaar number saves the subscriber from having to fill out excessive paperwork, and Aadhaar OTP ensures real-time instantaneous verification.