The PRAN or Permanent Retirement Account Number is a unique 12 digit number that identifies those individuals who have registered themselves under the National Pension Scheme (NPS). After allocation of PRAN, NPS subscribers have the option of receiving a physical copy of their PRAN on a PRAN card. The PRAN card serves as the unique identifier for a NPS subscriber and the PRAN once allocated does not change for the subscriber throughout his/her life.
How to Apply for PRAN Card Offline
You can simply visit your nearest Point-of-Presence (PoP) under the NPS which is usually your bank. PoPs are authorised to carry out a range of NPS-related activities including accepting deposits, forwarding applications related to transfer of NPS account, partial withdrawal applications, nomination change applications and much more.
PRAN Card Application Form
PRAN (Permanent Retirement Account Number) is primarily issued to subscriber of the National Pension System, hence the PRAN card application form is the same one used to subscribe to NPS. The following is a snapshot of the PRAN Card Application Form (NPS Application Form Annexure S1):
Key Sections of note when applying for a PRAN Card include:
- Personal details of subscriber
- Employment details of subscriber
- Nomination details of subscriber
- Subscriber scheme details
- Declaration by subscriber to PFRDA (Pension Fund Regulatory and Development Authority)
How to Apply for PRAN Card Online
You can complete the entire account opening process online at the NSDL or Karvy website. They are the CRAs entrusted with maintaining and opening NPS accounts in India. The detailed steps are as follows:
Apply for PRAN using Aadhar
- NPS KYC can be completed using Aadhaar OTP (One Time Password) authentication.
- The Aadhaar OTP is sent to the mobile number registered on the Aadhaar database.
- Your demographic details and photo will be fetched from the Aadhaar database and automatically populated into the online form.
- You may need to fill up all the mandatory details online.
- You would be required to upload your scanned signature (in *.jpeg/*.jpg format having file size between 4kb – 12kb) as part of the registration process.
- In case, you wish to replace the photo obtained from Aadhaar, you may upload a scanned photograph.
- You will be routed to a payment gateway for making the payment towards your NPS account from Debit/ Credit card or Internet Banking.
Apply for PRAN using PAN
- You must have a ‘Permanent Account Number’ (PAN) card.
- You must have a bank account with the empanelled Bank for KYC verification for subscriber registration through eNPS.
- Your KYC verification will be done by the Bank selected by you during the registration process.
- Name and address provided during registration should match with bank records for KYC verification.
- If the details don’t match, the request is liable for rejection. In case of rejection of KYC by the selected Bank, applicant is requested to contact the Bank.
- You need to fill up all the mandatory details online.
- 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 Internet Banking.
NRI PRAN Card Application Process
While applying for a PRAN Card, NRI subscribers should consider the following:
- Select the Bank Account Status i.e., Non-Repatriable account or Repatriable account.
- Provide the NRE/NRO bank account details and upload scanned copy of passport.
- Select the preferred address for communication – Overseas Address (communication at overseas address would entail extra charges) or Permanent Address in India.
Documents for Online PRAN Card Application
- Aadhar Card
- PAN card or Permanent Account Number that is issued to him by the Income Tax department.
- Scanned copy of photograph.
- Scanned copy of bank passbook/cancelled cheque.
- Scanned copy of signature.
- Scanned copy of passport (mandatory for NRI applicants).
The file size of scanned copy of documents mentioned above is required to be between 4kb and 12kb and in the .jpeg/.jpg format only.
Steps for PRAN Card Activation
The easiest way to get your PRAN card activated is to get the document electronically signed by using the eSign option. The following are the key steps to complete the eSign process of PRAN card activation:
If you have generated PRAN card using Aadhaar, you have option to eSign the document by implementing the following steps:
1. Select ‘eSign’ option in the eSign / Print & Courier page and you will be directed to the following page to generate OTP for the PRAN Card activation process.
2. OTP for the purpose of authentication will be sent to your mobile number registered with Aadhaar
3. After Authentication using Aadhaar OTP, registration form will be successfully eSigned and a confirmation message regarding the same will be displayed.
4. Once a document is eSigned, you need not send the physical copy of form to CRA for activation of your PRAN card.
5. eSign service is chargeable at Rs. 5 plus applicable service tax.
PRAN Card Login for National Pension System
You can use the number printed on your PRAN card to log into your NPS account online. The following are the steps for PRAN Card Login:
Step 1. Go to the NPS Login Portal and click on the “Login for Existing Subscribers” option if you already have PRAN card.
Step 2. On the subsequent page, you can use you Permanent Retirement Account Number as printed on PRAN card and NPS account password to log into your NPS account. In case you have forgotten your login password or want to sign up for online PRAN card services, click on the “Generate/Reset Password” link.
How do I Print PRAN Card?
- Select ‘Print & Courier’ option in the eSign/Print & Courier page
- Take a print out of the completed form and paste your photograph in the designated space. Do not use staples/pins to affix the photograph.
- Sign within the designated blocks provided for signature
- Once PRAN has been allotted, you have to send the completed PRAN card application form with photograph to applicable CRA (Karvy/NSDL) within 90 of PRAN card allotment.
You also have to option of printing your ePRAN (Electronic PRAN) card by logging into your NPS account and selecting the “Print ePRAN” option. While ePRAN printing is free of charge, getting the physical PRAN card printed and sent to your registered address is subject to applicable charges plus GST.
How do I Check PRAN Card Status?
In case you have opted to receive you PRAN Card in physical form at your registered address, you can easily track the status of your PRAN card online.
On the Track PRAN Card Status page you can check the dispatch status in case of new PRAN card, Re-issued PRAN as well as re-issued password/T-PIN.
Checking PRAN Card Balance
Since the PRAN is primarily issued as a unique identifier for NPS subscribers, checking of PRAN card balance can be easily completed if you log into your National Pension System account. Once logged in, you can check the balance in both the compulsory Tier 1 account and optional Tier 2 account offered under the NPS pension scheme.
PRAN Card Customer Care
As PRAN card is issued to subscribers of NPS, the NPS customer care system also acts as the PRAN Card Customer Care system. You can get in touch with PRAN card customer care services over the phone, by fax, online by email as well as in person at a nearby representative office. Know more about NPS/PRAN Card Customer Care Service.
Can I have more than one PRAN Card?
No. You can only hold one PRAN number/PRAN Card because under existing rules you are only allowed one NPS subscription (divided into Tier 1 and Tier 2 account with the same PRAN). Unlike an EPF account, changing your job does not require you to open a new NPS account, you can continue with your contributions in the existing account. You can transfer your NPS account from one location to another with ease as well.
However at present the NPS and NPS Lite/Atal Pension Yojana (APY) system are not integrated. Thus individuals who have both NPS and APY accounts may end up with multiple PRAN cards which may be merged at a later date.