PRAN – Permanent Retirement Account Number | Procedure of Application filing | Documents required for applying PRAN |

PRAN full form is Permanent Retirement Account Number. It is a 12-digit unique number provided to each subscriber under NPS after completion of the registration formalities of PRAN. Moreover, this card looks like a document that contains the PRAN, subscribers name, father’s name, Photograph and signature/thumb impression. It is basically issued to persons who are registered under the National Pension Scheme (NPS).

National Pension Scheme is governed by the Pension Fund Regulatory and Development Authority (PFRDA). NSDL and PFRDA came into an agreement together for setting a Central Book Keeping Agency (CRA) wherein all the details of members of NPS are stored. Therefore, NSDL is an authenticated official website to issue PRAN cards.

Who is Eligible?

• Any Indian citizen including Non-resident Indian.
• A person who is between 18-60 years of age at the time of submission of application form.

Who is not Eligible?

Overseas Citizens of India (OCI) and Person of Indian Origin (PIO) are not eligible for getting this Card according to the standards and rules set by NPS rules.

Documents required for PRAN Application

• PAN Card Number issued by the Income-tax department.
• Bank Account Number
• A scanned copy of photo and signature in JPEG/JPG of 4KB-12KB.
• For online payment- debit card/credit card/internet banking information is mandatory.
• Documents for KYC for identity proof and address proof.

Read more: Application process for PAN Card

Registration Procedure for PRAN Card

Follow the given steps one-by-one:

STEP 1.

Download the PRAN card application form from the given PDF.

STEP 2.

The application must be filled in with proper KYC information. Select the kind of Account the applicant wants to open i.e Tier I & Tier II or Tier I only.

Tier I account is used for long-term savings. Tier II account is basically an optional account used for optional investment & withdrawal purposes from various schemes available in NPS scheme.

STEP 3.

The applicant must enter the PAN Card number and the details of his/her bank account.

STEP 4.

Afterward, the subscriber’s details must be mentioned. As soon as the personal information is filled, an acknowledgment number would be generated. Then fill the given details:

• Contact Details
• Address proof details
• Bank & Other Details
• Scheme & Nomination Details
• Photo & Signature Details

STEP 5.

The registration fee will be Rs. 500 as NPS and the payment would be completed. You will be allocated your PRAN Number after the payment. Take a print out of it and affix a photo and sign it.

STEP 6.

Now, you must send this to the Central Record-Keeping Agency – eNPS within a period of 90 days.

The address for this agency is:

Central Recordkeeping Agency (eNPS)

NSDL e-Governance Infrastructure Limited,

1st Floor, Times Tower,

Kamala Mills Compound, Senapati Bapat Marg,

Lower Parel, Mumbai – 400 013

STEP 7.

After the completion of all this process, the retired employee would receive the PRAN Card in the address registered with NPS.

What is CRA-NSDL?