Guidelines for Online Registration NPS Trust welcomes you to ‘eNPS’ ,which will facilitate:-

➤  Opening of Individual Pension Account under NPS (only Tier I / Tier I & Tier II)

➤  Making initial and subsequent contribution to your Tier I as well as Tier II account

To open an Individual Pension account online.

✔  You must have a ‘Permanent Account Number’ (PAN) and a Bank account with any of the registered Point of Presence empanelled for KYC verification for subscriber registration through NPS

✔ Link for Online Registration which you need to visit

✔  Your KYC Verification in NPS will be done by your Bank selected by you during the registration process.

✔  You need to upload your scanned photograph and signature in *.jpeg/*.jpg format having file size between 4kb – 12kb.

✔  You will be routed to a payment gateway for making the payment towards your NPS account from Debit / Credit card or Internet Banking.

After successful payment of initial contribution, a Permanent Retirement Account Number (PRAN) will be allotted to you. After online account opening process is completed,

➤  The PRAN Kit containing a PRAN Card, IPIN/TPIN, Subscriber Master Report, Scheme Information Booklet alongwith a Welcome Letter will be sent to your registered address.

➤  You need to take a printout of the form, paste your photograph (please do not sign across the photograph) & affix signature.

➤  You should sign on the block provided for signature.

➤  The photograph should not be stapled or clipped to the form.

➤  The form should be sent within 90 days from the date of allotment of PRAN to CRA at the following address or else the PRAN will be ‘frozen’ temporarily:

Central Recordkeeping Agency (eNPS)

NSDL e-Governance Infrastructure Limited,

1st Floor, Times Tower,

Kamala Mills Compound, Senapati Bapat Marg,

Lower Parel, Mumbai – 400 013

Please note that registration for APY cannot be done through For registration under APY please contact your Bank Branch.

Processing of subsequent contribution:

All existing subscribers (registered through both online and offline mode) can contribute in Tier I & Tier II account using ‘eNPS’. To contribute online, you need to

✔  Have an active Tier I / Tier II account

✔  Authenticate your PRAN using the OTP sent to your registered mobile number

✔  Pay through your Debit / Credit card or use Internet Banking option.

For queries please contact : 022 – 4090 4242 or write to: [email protected]

What is National Pension System?

The Government of India (GOI) rolled out the NPS for all citizens of India from May 1, 2009 and Corporate sector from December, 2011.

The person (employee/citizen) who joins the NPS will be known as “Subscriber” in the NPS. Under the NPS, each Subscriber will open an account with Central Recordkeeping Agency (CRA) which will be identified through unique Permanent Retirement Account Number (PRAN).

Under NPS, two types of account would be available to subscribers i.e. Tier I & Tier II; Tier I account – where subscribers contribute his / her savings (may include employers contribution in case of Corporate sector) for retirement into a non-withdrawable account, and a Tier II account – a voluntary savings account from which subscribers are free to withdraw their savings whenever he wishes. The facility of Tier II account was made available from December 01, 2009 to All Citizens of India including Govt. employees and Corporate sector subscribers not mandatorily covered under NPS. An active Tier I account will be a pre requisite for opening of a Tier II.

What are the benefits of NPS?

1.It is voluntary – NPS is open to every Indian Citizen. A subscriber can choose the amount he wants to set aside and save every year.

2.It is simple – All the subscriber has to do is to open an account with any one of POPs (Point Of Presence) and get a PRAN.

3.It is flexible – Subscribers can choose their own investment option and pension fund and see their money grow.

4.It is portable – Subscribers can operate their account from any where in the country, even if they change the city, job or their pension fund manager.

5.It is regulated – NPS is regulated by PFRDA, with transparent investment norms and regular monitoring and performance review of fund managers by NPS Trust.

What are the tax benefits of NPS?

Tax benefit to employee:

Individuals who are employed and contributing to NPS would enjoy tax benefits on their own contributions as well as their employer’s contribution as under: –

(a) Employee’s own contribution – Eligible for tax deduction up to 10% of Salary (Basic + DA) under Section 80 CCD(1) within the overall ceiling of Rs. 1.5 lac under Sec 80 CCE.

(b) Employer’s contribution – The employee is eligible for tax deduction up to 10% of Salary (Basic + DA) contributed by employer under Sec 80 CCC(2) over and above the limit of Rs. 1.5 lac provided under Sec 80 CCE.

Tax benefit for self-employed:

Eligible for tax deduction up to 10 % of gross income under Sec 80 CCD (1) with in the overall ceiling of Rs. 1.5 lac under Sec 80 CCE.

Which document can a subscriber use as an investment proof in order to avail the tax benefit?

The print out of the Transaction Statement could be used as a document for claiming Tax benefit.

Can a subscriber get loan under NPS ?

At present, interim utilization of pension wealth (such as availing of loan) by the subscriber before exit is not allowed under NPS. However, in line with the PFRDA Act 2013, PFRDA is considering the option of interim withdrawal and, the same is yet to be finalized. For more detailed guidelines/circulars regarding withdrawal, you may visit PFRDA website ( as well as on CRA website (


More Under Income Tax


  1. akhilesh kumar says:

    Is there any notification/direction of finance ministry regarding exemption in tax u/s 80ccd(1b) ie 50,000 for the finance year 2016-17 to the employees comes under NPS and kindly clarify the how to takes benefits from your additional tax benefit from 50000 deposit where in direct NPS account or already deposited to get tax benifits

  2. raj kumar says:

    Is there any notification/direction of finance ministry regarding exemption in tax u/s 80ccd(1b) ie 50,000 for the finance year 2016-17 to the employees comes under NPS

  3. sagar says:

    for enps payment using netbanking it showing

    charges- .6+14.5% of service tax

    wanted to know is the service tax on the NPS amount suppose 50000

    or on the .6 amount

  4. sapratim says:

    1. when I called on toll free no 1800-222-080 , it asks to put user ID. how to know what is subscriber’s user ID?
    2. On eNPS registration form its written that PRAN will be authenticated through an OTP sent to the mobile no of subscriber. I have got PRAN but no OTP is received. who is supposed to send OTP? when? is there any way to inform for an OTP?
    3. Subsequent contribution to NPS can be done only after my Bank confirms NYC to CRA. will CRA internally contact Bank for KYC? or should I go to Bank and tell them to do it? Until they do it, I am stuck… I can not pay new contribution.

  5. shamim ahmed says:

    I’m Stuck at last step of payment on

    and getting error as:

    Registration against this Acknowledgement Id is pending for confirmation from payment Gateway.Please try again after sometime.

    My Acknowledgement no is 11020978 and registration date is 23/02/2016

    please resolve this error from your online system

  6. Padmaja says:

    I have open this Online NPS account on 24.12.2015 based on this article
    After asking all details I have pair money Rs.5500 through online but not generated any PRAN number and application I have Mailed from 3 days but no reply from them and no replay at all

    I don,t understand is it fake or real?

  7. CA Kalpesh Gosar says:

    Additional Tax Benefits of Rs.50000 ( apart from 80C Limits of Rs.1.50 Lacs ):
    Please note that tax payer can avail additional tax benefits of Rs.50000 by investing into NPS. Such additional limit is over and above of 80C Limits of Rs.1.50 Lacs.

    So by investing Rs.50000 into NPS, tax payer can take tax benefits on total Rs.2 Lacs.

    CA Kalpesh Gosar

  8. Asheet says:

    From FY 2015-16, an additional Rs 50,000 can be deposited by subscriber in NPS Tier-I account. This is over & above Employer contribution of 10% of Basic which has a ceiling of Rs 1L. Thus one can effectively deposit Rs 1.5L (Rs 1L through employer & Rs 50,000 by self) in Tier-I.

  9. Vinod Master says:

    Earlier the deduction allowed for contribution to NPS was limited to Rs. 1 Lakh [Sub Section 1A of Section 80CCD]. However, with a view to encourage people to contribute towards NPS, the maximum amount allowed to be invested in National Pension Scheme has been increased from Rs. 1 Lakhs to Rs. 1.5 Lakhs.
    Moreover, in the Budget 2015 announced by Arun Jaitley – a new sub-section 1B has also been introduced so as to provide for additional deduction in respect of any amount paid, of upto Rs. 50,000 for contributions made by any Individual assessees under NPS.
    This additional benefit of Rs. 50,000 is over and above the benefit of Rs. 1.5 Lakhs allowed to be claimed as a deduction under Section 80C. Therefore, now the total deduction that can be claimed under Section 80C + Section 80CCD = Rs. 2 Lakhs.

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April 2021